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Reply #47: Occupy Big Business: The Sharing Economy's Quiet Revolution [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-07-11 09:00 AM
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47. Occupy Big Business: The Sharing Economy's Quiet Revolution
http://www.theatlantic.com/business/archive/2011/12/occ... /

Big business is stumbling. Unemployment is still too damn high. And the middle class is increasingly just a memory. With all this bad news, where can we look for hope?

Kickstarter. Zipcar. Shareable. Etsy. Kiva. Prosper. Airbnb.

These and other "collective consumption" companies are part of the new economy arising out of necessity, as traditional businesses and government are increasingly unable to meet Americans' needs and provide basic supports.

This sharing economy is based on people coming together to create their own markets (Airbnb), their own products, (Etsy), and their own currency (TimeBanks). It relies on shared needs, trust, and the belief that the group is stronger than the individual.
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