Advances in Sharing Economy

The capitalist sharing economy is a way of purchasing goods and services that differs from the traditional business model of corporations hiring employees to produce products to sell to consumers. In the sharing economy, individuals are said to hire out things like their cars, homes and personal time to other individuals in a peer-to-peer fashion. In commercial applications, the sharing economy can be considered a marketing strategy more than an actual 'sharing economy' ethos; for example, the company Airbnb has sometimes been described as a platform for individuals to 'share' extra space in their homes, but in reality the space is rented, not shared. Airbnb listings additionally are often owned by property management corporations.