The sharing economy is a concept that has really taken shape along with the growth in usage of the internet and social networks. It encompasses home exchange sites which allow users to get free holiday accommodation in return for allowing others to use their own home. It also includes companies such as TaskRabbit which connects those who need errands run with those who need the money to run them.
sharing economy in the news
In October 2013 a writer in the FT criticised the sharing economy for eroding full-time employment and its attendant heatlh care and insurance benefits. The writer warned that individuals without well-developed social profiles would have less access to work and services.