sharing economy

This week on #GoodNewsNextWeek: CBD can help your brain; Bad things do happen to bad people; And a high court confirms what we already knew: sharing food is not a crime.

This week on #GoodNewsNextWeek: CBD can help your brain; Bad things do happen to bad people; And a high court confirms what we already knew: sharing food is not a crime.

This week on #GoodNewsNextWeek: CBD can help your brain; Bad things do happen to bad people; And a high court confirms what we already knew: sharing food is not a crime.

This week on #GoodNewsNextWeek: CBD can help your brain; Bad things do happen to bad people; And a high court confirms what we already knew: sharing food is not a crime.

The year 2017 will go down as a particularly tough one for ordinary citizens, particularly in the global South. A sharp rise in government restrictions on fundamental freedoms across regions, as well as in levels of inequality, played a big part in that negative review.
According to a recent Oxfam report, 1% of the world’s richest elites now own 82% of the world’s wealth, with a dollar billionaire having been created every two days in 2017.

It is very unlikely to expect that we can create a civil society using those mechanisms which have gradually contributed to its diminution. You cannot build a civil society from the top down. Luckily, the Internet is here to help.

Could the purchase of a car save a neighborhood? In the past the answer to the previous question would have been quick and dismissive no. But thanks to technological advances, previous economic truths have become a bit more nuanced. With the arrival of “ride sharing” companies like Uber and Lyft, cars don’t necessarily lose value the minute they leave the proverbial lot. Nowadays they’re capital goods that their owners can utilize to transport passengers around in remunerative fashion. 

As the sharing economy develops, the opportunities for cutting out the middle-man seem endless. After Lyft and Uber revolutionized personal transport and Airbnb allowed us to monetize our own properties, Safarisource attempts to do the same thing with safaris.

To understand the significance of Kalanick’s departure as Uber's CEO, it’s worth running through both his extraordinary accomplishments, and the charge sheet against him.

Fifty years from now, people will look back on the turn of the century and wonder about us. They will wonder why we were so wasteful, so selfish. Why we had closets, garages, and rental storage units, all under lock and key so we could keep other people from using the stuff that we weren’t using, either. The sharing economy is changing that.