I thoroughly enjoyed listening to the multiple dimensions of a sharing economy that the speakers in the KCRW podcast discuss. However, I think we have been participating in a sharing economy for a long time now. Even when I was little my parents always told me to share my toys with my siblings and classmates because it was the right thing to do. Due to the way I was raised I still share by lending my car or clothes to many of my friends. I share my belongings with these people mainly because I trust them. One of the speakers in the podcast brought up this idea of trust and how it is very important in a sharing economy, but it is even important in a capitalist economy. We have to trust people in any situation and one speaker mentions this and uses the example about when we buy milk from a grocery store. We have to trust the fact that the milk we are buying is not spoiled or contaminated in any way. There has been trust built throughout many decisions that we make.
Due to the Internet and rapid increase in technology we are able to broaden this idea of sharing to more people other than our close friends. If you are away for a period of time you are now able to post it to Airbnb or other similar websites to get connected with an individual looking for a place to stay. However, Milo countered this idea by arguing that you do not know whom you are allowing into your home (drug addicts, prostitutes, etc.). One speaker mentioned that hotels have the same liability, but they have insurance, similarly Airbnb in particular has a $1 million insurance policy. However, another concern that I even have is that the Internet eliminates the personal, face-to-face interaction that used to be present. Will that affect the trust between the individuals?
By broadening this idea of sharing, we are essentially making a bigger community. We are no longer restricted to our direct communities that are our work or social environments, but there are new connections being formed. I have been participating in a sharing economy since I was little. However, as resources are being limited with the tragedy of the commons, more people are becoming aware of the struggles we are soon to face. Therefore, this idea of a sharing economy has come to the forefront as a topic to discuss, which will lead to more supporters in the future.