Comments on: The Sharing Economy: Capitalism’s Last Stand? https://blog.p2pfoundation.net/the-sharing-economy-capitalisms-last-stand/2014/05/03 Researching, documenting and promoting peer to peer practices Sat, 25 Oct 2014 11:02:55 +0000 hourly 1 https://wordpress.org/?v=5.5.14 By: Mikeriddell62 https://blog.p2pfoundation.net/the-sharing-economy-capitalisms-last-stand/2014/05/03/comment-page-1#comment-679206 Sun, 04 May 2014 07:59:47 +0000 http://blog.p2pfoundation.net/?p=38627#comment-679206 Hi there Stacco,

There is only one point that I disagree with, the rest being perfectly agreeable.

You claim: “if your business model is based on your ability to sustain a community, it is not absurd to expect a contradiction between your duty to serve your investors a high return on investment and the egalitarian spirit of P2P services. In the end, you will have to choose one or the other.”

I claim: If my business model is based on the NEED to sustain my community (rather than on my ability) then where is the contradiction? The need for my business to sustain my community isn’t a contradiction as long as the relationship between us is mutually beneficial.

I think you are ignoring the demand for change that is largely unmet. The markets have moved but the incumbents haven’t. Change is on the way. Capitalism might be dying but business certainly isn’t.

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By: TheBigPicture X https://blog.p2pfoundation.net/the-sharing-economy-capitalisms-last-stand/2014/05/03/comment-page-1#comment-678976 Sun, 04 May 2014 02:19:42 +0000 http://blog.p2pfoundation.net/?p=38627#comment-678976 All these are good ideas but are they sustainable? I don’t think so. For such an economic paradigm to be sustainable it must be able to address the problem of individuals who act in their narrow self interest (instead of enlightened self-interest). The sharing economy cannot do that. Individuals who act in their narrow self interest will bring the sharing economy to a total collapse, since all the material wealth will be concentrated in their hands by default. We do need a different economic paradigm from the market economy, but it has to be sustainable. I suggest the flow economy instead (see here: http://www.geopolitics.us/toward-a-flow-economy/)

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