2013: The Real Sharing Economy Is Booming (And It’s Not the One Venture Capitalists Are Cashing In On)

The peer-to-peer rental economy has gotten a high-tech makeover. After picking more limes than I’ll ever eat from the tree near my apartment, I log onto Facebook and post about them on the Backyard Fruit Swap group I belong to. Someone offers me passion fruits for the limes, and someone else offers guavas. “What kind of guavas?” I reply. I don’t like pineapple guavas. Compared to the rest of the U.S., my home of San Diego can grow some strange types of fruit. Aside from that, my online exchange is not so odd. Sharing is now in vogue—or perhaps it always was. In human history, the so-called sharing economy is older than money and capitalism. Before anyone came up with the clever idea of giving set values to bits of metal and paper, people figured out that everyone could benefit by bartering and sharing. Sometimes this took the form […] Read More