Sharing Economy Is Creating a 'Dickensian World'

The sharing economy benefits its creators, but this may be at the expense of those who do the work or provide the service — as well as the broader economy.

The real reasons for the sharing economy are simple.

The existing industries targeted by these platforms are frequently inefficient. Over time, regulations have accreted, evolving to serve narrow interests rather than to maintain service standards and protect users. Competition has fallen, and development has been impeded.