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The Sharing Economy Is About Desperation

The Sharing Economy Is About Desperation NYMag

The Sharing Economy Is About Desperation NYMag


A narrative about labor-market weakness isn't as uplifting as one about strangers learning to trust enough other with the help of ride-sharing apps. But it's a necessary piece of the puzzle. Tools that help people trust in the kindness of strangers might be the thing pushing hesitant sharing-economy participants over the threshold to adoption. But what's getting them to the threshold in the first place is a damaged economy, and harmful public policy that has forced millions of people to look to odd jobs for sustenance.

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This is an important article. It speaks to the darker, exploitative side of the Sharing Economy.

Let's stop calling it the Sharing Economy. It's the Renting Economy now. 

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