The On The Sharing Economy Essay

The crisis led to a new concept of public sharing developed all over world. AirBnB has offered jobs to “hosts” – people who periodically offer their homes to guests. For cities that lack hotels and motels, this type of service is beloved.

Airbnb is a short-term leasing and renting company which turns residential houses into tourist marketplace. Critics believe that this company is running illegal hotels that are against the health and safety regulations. Therefore, in the last year Airbnb was banned in certain areas and cities.

During the late 1700’s, the United States was no longer a possession of Britain, instead it was a market for industrial goods and the world’s major source for tobacco, cotton, and other agricultural products. A labor revolution started to occur in the United States throughout the early 1800’s. There was a shift from an agricultural economy to an industrial market system. After the War of 1812, the domestic marketplace changed due to the strong pressure of social and economic forces. Major innovations in transportation allowed the movement of information, people, and merchandise. Textile mills and factories became an important base for jobs, especially for women. There was also widespread economic growth during this time period

Today’s on-line travel market is succeeding because the companies are using a more software-centric, online business model termed “E-commerce.” This has become the popular avenue for businesses as it mirrors the ideas of mobility. The sheer amount of data available, coupled with the advanced operating systems and social media platforms, have created new possibilities for E-commerce organizations. The infrastructure of E-commerce has expanded into platforms such as peer-to-peer networking, crowd-sourcing, social websites, and mobile devices and media. E-commerce trends are findings ways to incorporate every aspect of our daily lives into an online package associated with our everyday needs (Fishbein, 2013).

To launch our business we will be partnering with Airbnb, airports, hotels, and businesses. Partnering with Airbnb will allow us to accommodate customers who are looking for a car while they are staying at their Airbnb. Knowing a car will be handy for them to use at their selected destination will allow customers to choose and pick the best place for them to stay and it can all be done easily together when partnering with Airbnb. Partnering with airports will be another way to cater to customers needs. Having airports designate a select area for RIGHTRIDE’S cars will allow traveling customers to know that they will have a car to use while they are in whichever state they are traveling to. Hotels is also another partner that can help our product

The sharing economy has its perks however also its inconveniences. Mary Dejevsky is the writer of “Uber and the “sharing economy” are leaps into the past, not the future”, and in the text she speaks on the downside of the sharing economy. “There are questions, too, about quality of life and fairness. What recourse do you have if you are a tenant or home-owner disturbed by anti-social short-stayers? If you are a neighbor woken by driveway customers slamming their doors at 6am? If pollution is increased by the many more cars plying for hire? If wages are further depressed by casualization?”, Dejevsky lists various of problems that people face or could face now that sharing economy is becoming a global thing. All the things she mentions are pretty

“Rent Collective” describes how co-living could potentially revolutionize the property industry. Co-living presents an alternative to the unsatisfying choice between money (renting your own room) and privacy (sharing a room with roommates). In this new housing format, residents live in miniature units (around 12 square meters) with one bed/shower. In exchange, they pay relatively cheaper rent in which utilities and wifi are paid for, and they also get access to high-class amenities such as a spa and a cinema.

Professor Munger began his video on “The Sharing Economy” by saying that revolutions are destructive. His implication is the destruction is not in the sense that something is decimated but rather, there is a paradigm shift. The examples he uses to illustrate this point are that of the Neolithic Revolution, Industrial Revolution and the new Sharing Economy. To illustrate his point, Professor Munger begins with the example of the shift from hunter-gather to agrarian society’s ability to grow crops and remain stationary, which at the same time left people vulnerable to bandits.

As we are constantly exposed to mass media and popular culture in our modern society, the insidious nature of consumerism has allowed it to penetrate into every aspect of our lives, dictating our very beliefs, values and wants. Nearly every individual in our society subconsciously conforms to the shallow and superficial mindset that characterises our consumerist culture. This idea is highlighted by the following texts; the poem “Enter without so much as knocking” by Bruce Dawe, an extract from the sermon “The Religion of Consumerism” delivered by Peter House, the poem “Breakthrough” by Bruce Dawe, and the

Tracey Lien is a contact reporter from Los Angeles Times, in where she wrote an article titled Think you have too many roommate’s? about co-living being a lifestyle option for many young people in this era, ranging from their mid-20’s and mid-30’s. The reason why many people opt for this option is because financially, people find it hard to solvent and buy their own home in locations such as; New York and Southern California due to the major reason that they would have to spend a great percentage of their monthly income. Therefore; Airbnb has been created along with the term of co-living; in which people get to share a residency, helping each other grow as adults.

Employment received a hard hit by the recession, but this “gig economy” has been able to provide job openings that are in need. According to a recent study, jobs in the gig economy has grown from 9 to 14% from 2002 to 2014, compared to overall employment which only grew around 7%. Moreover, the gig economy has also had an impact in the current economy, specifically coming from the famous startups such as Uber and Lyft. The Uber and

Additionally, AskforTask practices the idea of collaborative consumption, also identified as a sharing economy. The notion emphasises

Sharing economy is a business and a service built around sharing and renting assets, where the technology has a big involvement, as it’s used as communication between the renter and the borrower. Sharing economy has its advantages and disadvantages, and Suzanne Bearne, Catharine Hamm and Mary Dejevsky are 3 writers that express their knowledge and views relating to the topic of sharing economy.

Actual express authority, this principle provides that the principle (Uber) enters an explicit agreement with the agent (drivers) to take part in a given action such as giving orders for them to transport people from one point to the other.

Whoever said money can’t buy happiness? Today, the argument can be made that happiness and consumerism are directly linked. It is fair to say that happiness is a relative term for different people. However, the obtaining of new and shiny things has become such a part of everyday life, that it provides happiness when people are purchasing something new, and causes sadness when no buying is taking place. For many, it seems to be a protective coating against the harsh realities of everyday stresses from a job, or family life.