New forms of ownership, new forms of lending, new legal contracts: a whole business subculture has emerged over the past 10 years, which the media has dubbed the “sharing economy”. Buzzwords such as the “commons” and “peer-production” are thrown around, but few have bothered to ask what this development means for capitalism itself.It's worth noting that the term "capitalism" itself was coined and created as a pejorative by self described "socialists" (econlib)
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
Tuesday, August 04, 2015
Quibbling over the vernacular: "post capitalism"
In general, I like the article but to call the increased efficiency of markets as being "post capitalist" seems as a bit silly and sensationalist but the basic premise is this:
No comments:
Post a Comment