The Sharing Economy

The Sharing Economy

The End of Employment and the Rise of Crowd-based Capitalism

eBook - 2016
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"Sharing isn't new. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper club -- these are not revolutionary concepts. What is new, in the 'sharing economy,' is that you are not helping a friend for free; you are providing these services to a stranger for money. In this book, Arun Sundararajan, an expert on the sharing economy, explains the transition to what he describes as "crowd-based capitalism" -- a new way of organizing economic activity that may supplant the traditional corporate-centered model. As peer-to-peer commercial exchange blurs the lines between the personal and the professional, how will the economy, government regulation, what it means to have a job, and our social fabric be affected? Drawing on extensive research and numerous real-world examples -- including Airbnb, Lyft, Uber, Etsy, TaskRabbit, France's BlaBlaCar, China's Didi Kuaidi, and India's Ola, Sundararajan explains the basics of crowd-based capitalism. He describes the intriguing mix of 'gift' and 'market'" in its transactions, demystifies emerging blockchain technologies, and clarifies the dizzying array of emerging on-demand platforms. He considers how this new paradigm changes economic growth and the future of work. Will we live in a world of empowered entrepreneurs who enjoy professional flexibility and independence? Or will we become disenfranchised digital laborers scurrying between platforms in search of the next wedge of piecework? Sundararajan highlights the important policy choices and suggests possible new directions for self-regulatory organizations, labor law, and funding our social safety net"--Provided by publisher.
Publisher: Cambridge, Massachusetts ;, London, England :, The MIT Press,, [2016]
Copyright Date: ©2016
ISBN: 9780262333412
0262333414
9780262333429
0262333422
9780262333405
0262333406
9780262034579
0262034573
Branch Call Number: ELECTRONIC RESOURCE
Characteristics: 1 online resource (xiv, 240 pages) : illustrations

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