For many people, the sharing economy has been a thriving blessing. It gave jobs to people but especially another alternative. However, there’s another side of the coin that doesn’t look at it with fondness. The repudiation that it has had has proliferated throughout the world. But why? Today we’re going to analyze the subject.

The global rejection of sharing economy

First of all, it would be good to repeat some concepts. Speaking about sharing economy. Which consists of the interaction between two or more people on a digital platform (or not). Which seek to satisfy a particular need. A more or less close example would be the interaction between a seller and a buyer on the Internet.

However, these interactions go far beyond buyers and sellers. Sharing economy connects people so that they can offer and obtain products of all kinds. But anyway, why do some reject this? What could be wrong with something that clearly seems to benefit people? Well, to tell the truth, there are several reasons.

Do you know Uber? The app that allows you to get a taxi at almost any time. And as you know, the “taxi drivers” drive their own cars which aren’t owned by the company. Therefore, anyone qualified and with a car can work in this company. The only problem is that some accuse this app of being an usurper. Of displacing the traditional taxi business.

Uber’s example is just the tip of the iceberg. Considering that it has global repercussions. Based on that premise, many other businesses based on sharing economy have been banned or rejected. Since this phenomenon not only involves displacing traditional businesses. But also sharing or “renting” one’s own goods.

Uber Rejection
The protests against Uber are the best known example of rejection towards sharing economy. From there came the English term “Uberisation“. Source: Zero Hedge

The negative over the positive

In addition to this, we have to put several topics on the table. Sharing economy is accused of threatening traditional businesses, yes. But also of “exploiting” workers and depriving them of the benefits that a traditional worker woud have. If this isn’t clear enough, it means that a sharing economy worker doesn’t always receive privileges.

The New York Magazine reported that sharing economy could be associated with the loss of jobs. Since for anybody it’s no secret that the traditional economy has had ups and downs. And sharing economy has been responsible for filling certain gaps that the traditional one cannot. For this reason, people are forced to look for unusual jobs with businesses based on it.

sharing economy around the world
The global economic crisis is to a certain extent responsible for the proliferation of apps and businesses based on collaborative economy. Source: businessinsurance.com

Taking this into account, some companies based on sharing economy were branded as unfair. And we bring again the example of Uber, with evidence from the Washington Post. Which reported that the workers of this company have been protesting for a long time. Requesting higher wages but above all, protection in their work environment.

Lastly, another criticism of sharing economy is that it’s not about the people. As many wanted to sell it as at the beginning, an economy where you interact with others and share a product and/or service. On the contrary, people tend to prefer these businesses specifically because of cheap fares and low costs. This, according to an article in the Harvard Business Review. Where it’s argued that more than sharing is “gaining access” economy.

discrimination airbnb
Sharing economy businesses accumulate more rejection for accusations of proliferation of discrimination and mistreatment of all kinds worldwide. Source: Arcadier

The problems of sharing economy continue to pile up. Many wonder if it’s legal, if it’s fair, if it truly fulfills the purpose it claims to have. The truth is that despite everything, many businesses based on it are still active in several countries of the world. But based on what we already know, we could say that in the future things could change to adapt to the economic system.

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Related: What’s Glimpsed For The World Economy In 2018

Will sharing economy continue to prosper…?