Threats to capitalism [BP14]

 On march 15,2014 Jeremy Rifkin wrote an artical based off of his opinion on capitalism. The New York times took over the artical and it contained marginal cost which is the dollar amount associated with producing one additional item of a particular product.
 Each day the marginal cost is coming closer to zero and Rifkin believes that that is a threat to capitalism. Rifkins said that this is a paradox because eachday more products such as movies,music,and other goods are being produced but no profit is made from them. With the new technology that there is today people are able to download for free and all of the hard work goes to waiste in a way. If this was to keep happening people businesses would go downhill and cause bad market problems.
  The first problem that Rifkin reconized that was a big problem in market forces was napster. Napster was something that allowed people to download for free.With people downloading for free people could get with they want but all of the hard work that others did to succeed went away. To avoid this problem I believe that market forces should look into what they there items on.
  Adding things into the problems that businesses already face can better things but at the same time they can make things worst. With all of the new types of technology and phones people can hook there divices up to the computer and change whats on a site, and they can update and download for free. Them things can make stuff better and can hurt things.
  I agree with Rifkins analysis because bringing the marginal cost down closer to zero will cause some people to stop making money because certain things will drop down to being free. When the items become free its like a giveway no artist or company or site will be making a profit from all of the work that they put in. I also believe that capitalism will always take place in this world and we can only do things to help it but it will never totally be gone.

soc.media vs.i.r

 during the industrial revolution peoples life changed and they recieved a better quality of it. Some peoples work life changed bc people was suffering kids had to work and the amount of hours that they worked daily. at the end of the week the amount of hours that people worked back then doubles our time today.The middle class and the higher working class did not get alone and the lower classes were mad because they basically got the left overs. The industrial revolution created jobs for more people and filled up the cities. the social media influences people to do things that they wont do normally and it also creates a way bfor family members and friends to reach eachother all over the world. social medias ruin peoples life in a way if they adapt to everyone elses needs and wants but it can also make peoples life happier. facebook,instagram,snap chat, twitter, vine etc... are all examples of social medias.

Bp11

  industrailization is a process of developing machines production of goods. natural resources such as water power, coal,iron,and rivers , also harbors. the industrail revolution began in england in the 1700s . the first step to this revolution was to feed more people for less money (cheapper).with the industrial revolution there was new innovations,using science to to make money, moving off farms into cities, transportation, and the childeren that began to work in factories. some problems created through this revolution was pollution and lack of housing. to reduce some of the problems i would try to burn less fuels just enough to get what was needed The industrial revolution has helped in good and bad ways because people started to get convinced by other people to do childish things and the goood way is even though your not having fun with someone physically your still with them throught the pictures and post that people upload. so the industrial revolution is a good thing that happend to us but living in the industrial revolution is something bad..