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The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism

3.67  ·  Rating details ·  318 ratings  ·  36 reviews
The wide-ranging implications of the shift to a sharing economy, a new model of organizing economic activity that may supplant traditional corporations.

Sharing isn't new. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper club--these are not revolutionary concepts. What is new, in the "sharing economy," is that
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Hardcover, 256 pages
Published May 13th 2016 by Mit Press
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3.67  · 
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 ·  318 ratings  ·  36 reviews


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Jeff Wilsbacher
Sep 05, 2016 rated it liked it
It's an acceptable introduction to Sharing Economy. Mr Sundararajan gives a snapshot of what's been happening over the last few years, but doesn't provide much foresight into what will happen (just that it's going to grow). He's done a good job surveying the existing data...but I was hoping for more forward looking data.

Sundararajan's economic views include Akerlof's information asymmetry models and classic (Schumpeter-ian) models but don't include Stiglitz's models regarding learning economies
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Jan Poruba
Apr 13, 2016 rated it it was amazing
We are entering a new era of crowd-based capitalism and this book could be considered as a brief guide to this new phenomenon with arguments backed by scientific research. The book covers all important topics such as economical impact, regulatory challenges and future of work. Although Sundararajan is rather optimistic, he discusses both opportunities and threats of sharing economy which makes the text really balanced. Highly recommended.
Drew
Jun 10, 2016 rated it it was ok
Good book if you're very unfamiliar with the sharing economy businesses... or if you're obsessed with the Sharing Economy.
It kind of ends up being the worlds longest list of sharing economy companies, and there are few original insights.
Ivo Fernandes
Jul 06, 2016 rated it really liked it
Shelves: tech
From the begin until the chapter 7 is a 5 stars, gives many examples of successful sharing economy platforms, compare them to each order and group from many ways, if the users can review each other anonymously, if the client can choose the service provider, if the provider can choose his price, etc...

The idea that the uber and airbnb are the first really big sharing economy platforms because cars and houses both have high prices and low utilization rate is great.

But from the 8 chapter to the end
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Thomas A.
Feb 01, 2018 rated it really liked it
I am a technologist, not an economist, but I never felt like this book left me behind. I did feel that the book was more scholarly or academic than most lay people would care for. But the concepts are well presented and the topic interesting. I would consider this a thorough introduction to the concept of sharing economies and the issues and impacts that surround them. I would recommend this book to entrepreneurs, politicians and technologists.
Đạt Tiêu
Jan 27, 2019 rated it liked it
This review has been hidden because it contains spoilers. To view it, click here.
Izalette
Jul 04, 2017 rated it really liked it
Sharing economy works wholly depends on trust.
Blurring of boundaries btw personal and professional
The evolution of regulation - trust, Institution and brand

Build trust needs
1. Reputation
2. Create communities of shared interest

Dystopian view: work will be defined by low wages, elimination of benefits, high level of job insecurity, work longer hours for less money, income will be fragmented, safety net will be a distant memory, and work environment will have less ideal and less carefully monit
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Dan Gabree
Jul 23, 2016 rated it liked it
This is a good intro into this realm and the author adds his opinions about what the causes and future will be for this type of business, but it is often unnecessarily verbose and at times the details or speculations are more opinion than fact. It starts well and does provide a very details picture of several key companies that have driven this business model, but it is at time repetitive and toward the end dwells at length on speculative or legal issues that do not add a lot to the tale.
Tony Canas
Oct 25, 2016 rated it really liked it
Excellent exploration of the sharing economy and how it's changing our world. It's a bit academic but it does give you a great framework to analyze the sharing economy.
Paul Dunphy
So, the sharing economy; an interesting trend that is creating change in how we own things, consume services, and seek employment.

The interesting bits of this book are
- Chapter 1&2: gives a fairly useful introduction to the area
- Chapter 8: the future of work.

So as you may have guessed, I think that the book content could have been compressed into a nice couple of blog posts rather than underpinning an entire book. The chapters in the middle mainly are over-conceptualisations of the trends
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Jonathan
Sep 25, 2017 rated it liked it
Sandarajan's term "crowd-based capitalism" is a helpful term for conceptualizing what's commonly referred to as the "sharing economy." The "sharing economy" is often not about sharing, but still is different (and not just technologically) from the economic patterns of the traditional industrial or postindustrial economy. Although I think Sundarajan is more favorable toward these new economic forms than I am (and less gung-ho about state regulation of them), I found the book to be very useful for ...more
Todd Benschneider
Oct 02, 2018 rated it it was amazing
Great book, gives historical context to the rise of alternative and independent contract type labor such as Uber, Task Rabbit, Instacart and Guru blended with the arrival of improved computing power that is replacing previous white collar jobs in data processing, legal services, banking and insurance have ignited a new machine age of economic shift that could either increase or decrease GDP depending on how the social and regulatory infrastructure adapts. Very deep read but very well written and ...more
Sahithi Maley
Nov 05, 2017 rated it it was ok
This book was very educational and informative. It really opened doors to a lot of new concepts and warned me about the changes caused by the new Uberisation. The book covered a lot of information and lacked continuity at certain parts. I took a lot of time to finish the book due to vast amount of information it covered.
Federico
May 25, 2017 rated it it was ok
Fairly disappointed by this book.
It's self-indulgent review of the greatness of modern platform companies and sharing economy, with very limited objectivity on the subject. But if you can bear the rainbows and glitters of two thirds of the book, you will enjoy the last two chapters where you finally find some substance.
Gog Joo
Mar 03, 2018 rated it really liked it
A thoughtful and interesting read about the emerging trends of sharing economy. Arun offers readers without prior knowledge a comprehensive coverage of the key aspects of sharing economy. The last 2 chapters on policy implications are simple to understand.
Duane
Aug 06, 2017 rated it did not like it
"In this chapter I explain..." is how chapter two starts out. That's as far as I got because the book was a horrible read. The subject has so much potential and Arun turned it into a dry, lifeless, trudge of a book. It's more of a masters thesis gone awry.
Monica
Sep 21, 2017 rated it really liked it
Great book. Filled with facts that are kinda self explanatory, but the perspective is novel.

It was an enjoyable read, and a good resource for my work.
Phyllis
May 09, 2017 rated it liked it
This book provides a comprehensive review of the past, present and future of the sharing economy. I particularly enjoyed the chapters discussing the future and challenges of the sharing economy.
William
Nov 15, 2017 rated it it was amazing
I picked up a few new things from this book, but because the topic focuses on newer online technologies, part of it can become a little stale-dated quickly. Good read, but not long shelf life.
Carlo Torniai
Dec 16, 2017 rated it liked it
It feels already a bit outdated. Good for understanding some implications on regulations and economic impact... but not
Max Lapin
Feb 04, 2018 rated it liked it
A very strange book. It seems to pile together everything relevant. However stays not insightful enough.
Heather Lewis
Jan 09, 2019 rated it it was amazing
Smart, informative. Some great charts on the "grey zone" between employee and contractor classification.
Craig Carignan
Jul 28, 2017 rated it really liked it
Interesting but too much of an egghead academic read to be enjoyable, but it was interesting .
Anjar Priandoyo
Jan 13, 2019 rated it it was ok
Shelves: technology
This is more "academic" book, it provides a good reference to describe the sharing economy.
Mirety Dian
Apr 24, 2019 rated it it was amazing
The best book I’ve ever read. Full of informations, inspiration and fear. We started new era of economy and if you want be prepared, you should to read.
Aleksandra
Jul 17, 2019 rated it it was ok
Too academic.
Avram
Aug 11, 2017 rated it really liked it
A bit dry, but a very thorough introduction. Develops frameworks to understand the sharing economy, and points to several complexities that may ensue because of this new style of capitalism.
Ruth Feathers
Nov 08, 2016 rated it liked it
Maybe in a different world.
Houcemeddine Garbouj
Dec 26, 2017 rated it really liked it
Very nice book that illustrates very well the phenomen of Shared economy. The Shared economy was studied from deafferents angles with real company studies and stories. I recommend very well this book.
Ashish
Feb 01, 2017 rated it liked it
great articulation of the sharing economy concept. the new age modern world trade and economics need better understanding of topics like these. informative.
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“Beyond the public relations efforts of platforms like Uber and Airbnb, there may be deeper reasons why the term “sharing economy” is so popular: It captures some of the thinking and the idealism of the early proponents of economy-wide sharing approaches. It hints at the shift away from faceless, impersonal 20th-century capitalism and toward exchange that is somehow more connected, more embedded in community, more reflective of a shared purpose.” 1 likes
“Works of art exist simultaneously in two ‘economies,’ a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.” 1 likes
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