Sunday, February 28, 2016

From a Sharing Economy to a Caring Economy

In a sharing economy, the idea of ownership gives way to the efficiency and practicality of use, as many people use the same asset sequentially (or even concurrently) to drive from one location to another, or stay overnight at one place or another (probably not concurrently - wink, wink), but there still needs to be an owner of sorts to look after the efficacy of the asset, which could very well be the manufacturer or some other third party company that essentially gets a return on the asset through a series of micro-leases. This is great, in terms of the efficient use of assets, but I sometimes wonder if it is going to create the same level of carelessness that other such 'shared assets' creates today. Just look at the way we have treated all of the shared resources that we do not pay for directly (even if indirectly), whether natural, public or other such resources where our direct use of same is transient. How will we treat the car that we only intend on using to get from point A to point B and never intend on using again? How will we treat the pay-per-use appliances in our home? We need only look back on our history to understand the negative consequences when we calculate that our actions have no direct consequences on ourselves, especially in today's throwaway society. I think that it will be very important for us to instill the notion of a 'caring economy' in lockstep with the emerging 'sharing economy', or else risk trading inefficiency for ineffectuality.