petej + rentiership   7

Airbnb and Uber’s sharing economy is one route to dotcommunism | Comment is free | The Guardian
"The sharing model is in its infancy, and there are plenty of me-too businesses trying to make it work in other sectors (cars, bikes, high-end cameras, etc). And, beyond the issues of consent – as in Barcelona – it poses two challenges. First, however brilliant these new models are, they cannot produce exponential growth. It is technology in the service of squeezing out the final drops of value from something, rather than infinite expansion.

Second, who owns the upside? Once the platforms to rent out things, services or time are stable, textbook economics states that the cost of using them should fall. So, what if you applied the sharing principle without seeking a profit at all? What if these very platforms could be taken over by society and repurposed so that all the benefit went to the consumer or to society itself? The socialists of the early 20th century eyed monopolies like Vail’s with optimism: take them over and their highly organised and unitary status means you can use them to run the economy. Today, if you wanted to re-order the economy to deliver participation and choice alongside social justice, it’s the sharing models you would start from."
economics  sharing  economy  rents  rentiership  Airbnb  Uber  networks  networking  businessModels  communism  ownership  dctagged  dc:creator=MasonPaul  sharingEconomy  rentism 
june 2015 by petej

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