The ‘Sharing Economy’ Boom or Bust?

Background Reading

Summary

© Grist / Amelia Bates

© Grist / Amelia Bates


TakeAways

The article begins with:

The sharing economy is bullshit. Airbnb is a rental brokerUber and Lyft are unregulated cab servicesTaskrabbit and similar “servant economy” enterprises let well-off people pay less well-off people to do their chores — without providing anyone the benefits and security of traditional employment.

“Sharing” has been appropriated and stripped of all meaning by people trying to sell you things, much like sustainability was. Once “green” became hip and important about a decade ago, corporate bigwigs started preaching about sustainable profits and misleading eco-labels got slapped on single-use disposable plastic water bottles. These days, share-washing is the new greenwashing.