Political economies and environmental futures for the sharing economy

"The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their unde...

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Bibliographic Details
Main Authors: Innovation Studies Utrecht, Frenken, Koen
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Utrecht 2017
Universiteit Utrecht
Subjects:
Online Access:https://www.labourline.org/KENTIKA-725512454379-Political-economies-and-enviro.htm
Description
Summary:"The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating into monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios."
Physical Description:23 p.
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