This is the consummate “sharing economy”, and it might be closer than you think. “The ‘Sharing Economy’ is Dead,” Fast Company declared last year, summarizing a general sense of fatigue with what now feels like a wildly oversold idea. The first phase of the sharing economy might have fizzled out, but new technologies may soon resurrect it in a far more radical form. This might make it easier for workers to form cooperatives that have the capacity to compete against the VC-backed behemoths that dominate the sharing economy. What seems clear is that the next phase of the sharing economy is just as likely to magnify today’s inequalities as to alleviate them.

Source: The Guardian October 17, 2016 10:01 UTC