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What's Yours Is Mine

Against the Sharing Economy

ebook
1 of 1 copy available
1 of 1 copy available
The news is full of their names, supposedly the vanguard of a rethinking of capitalism. Lyft, Airbnb, Taskrabbit, Uber, and many more companies have a mandate of disruption and upending the "old order"—and they've succeeded in effecting the "biggest change in the American workforce in over a century," according to former Secretary of Labor Robert Reich. But this new wave of technology companies is funded and steered by very old-school venture capitalists. And in What's Yours Is Mine, technologist Tom Slee argues the so-called sharing economy damages development, extends harsh free-market practices into previously protected areas of our lives, and presents the opportunity for a few people to make fortunes by damaging communities and pushing vulnerable individuals to take on unsustainable risk. Drawing on original empirical research, Slee shows that the friendly language of sharing, trust, and community masks a darker reality.
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    • Library Journal

      Starred review from January 1, 2018

      Slee (No One Makes You Shop at Wal-Mart) defines the sharing economy as "businesses that use the Internet to match customers with service providers for real world exchanges." This appeals to those who are "disenchanted with both the centralized bureaucracy of the state and the pervasive commodification of the market" and attracted to "co-operative and non-authoritarian patterns of collaboration." The author believes that communitarian ideals have largely been abandoned, though, in favor of commercial self-interest that has worsened the situation for many (e.g., workers in the sharing economy are often considered independent contractors and do not receive benefits the law extends to employees). Sharing economy companies also often seek to bypass governmental oversight, and Slee maintains that it is through government that interests and needs of communities are balanced. He says the use of reputation systems (in which customers rate providers) to replace government regulation is misguided because there is much that is invisible to customers (e.g., is a restaurant handling food in its kitchen properly). Slee is not blind to the benefits the sharing economy has brought to consumers but thinks the adverse consequences are important and often ignored. VERDICT This intelligent, thoughtful book will appeal to those interested in an analysis of the sharing economy.--Shmuel Ben-Gad, Gelman Lib., George Washington Univ., Washington, DC

      Copyright 2018 Library Journal, LLC Used with permission.

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