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From Sharing Economy to Shared Ownership

Want to go deeper on the world of sharing, cooperativism, and an internet economy that works for all of us? Head to the New School November 13-14th for Platform Cooperativism: a coming out party for the cooperative internet, co-sponsored by the Murphy Institute. Register here.

In a new article over at FastCoexist (“The People’s Uber: Why The Sharing Economy Must Share Ownership“), Nathan Schneider and Trebor Scholz lament the current state of the sharing economy:

For all the things that companies like Airbnb and TaskRabbit allow us to share with each other […] ownership and governance are not on offer. This is what the democratic promise of the Internet has come to: a democracy of access, of “collaborative consumption,” but not of control, real accountability, or ownership.

It’s a story that’s all too familiar for exploited workers subject to the micro-monitoring, low wages, and new forms of precarity that have opened up with the sharing economy. Yet, while Silicon Valley hails the new “freedoms” afforded by an internet that allows anyone to monetize any of their latent resources — time, bedrooms, cars and more — many workers are suffering from the gigification that has left them without benefits, stable wages, or any sort of certainty. From this, it’s easy for the future of work to look grim indeed.

Scholz and Schneider, however, take a bold step, opening up a new set of imaginative possibilities: What if, instead of being exploited by the “on-demand” economy, workers ran that economy themselves? Continue reading From Sharing Economy to Shared Ownership