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Spaces and exchanges : what is the impact of the sharing economy on our lifestyle and traditional business ?

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  • What is the impact of the sharing economy on our lifestyles and traditional business?

The notion "Spaces and exchanges" deals with the geographical and symbolic areas that all societies occupy and the interactions between men and different societies. Our world is built on the exploration and conquest of new spaces On the other hand  an exchange is when we give in return for something received this can be anything from money, ideas ,clothes  …  The different cultural, economical, sociological and language interactions have transformed and characterized our modern-day world – sometimes for better, sometimes for worse.

Among all of the propositions offered by the notion “spaces and exchanges “I chose to speak about sharing economy. I will be discussing about what is the impact of the sharing economy on our lifestyles and traditional business?  First we will see what is sharing economy and why it has risen in recent years and secondly we will see the benefits and the negative impact of sharing economy.

I / First of all Sharing Economy is a socio-economic ecosystem built around the sharing of human, physical and intellectual resources. The ‘Sharing’ in the Sharing Economy refers to the use and access of shared physical or human resources or assets, rather than the fact that there is no monetary exchange. It’s a system of sharing where consumer can borrow, swap, rent goods and services that are underutilized. But this system of sharing is not so new thanks to a text studied in class we learned that during the world war II American citizens were encouraged to share cars in order to save gas that could be used for war planes and ships to help win the war . Sharing cars or “carpooling “was a patriotic thing to do. Today there is no world war going on and sharing is no longer considered a patriotic thing to do. But more and more people are turning to sharing because they are tired of consumption at all cost and are concerned about protecting the environment.

In recent years sharing economy has risen indeed in a diagram studied in class presenting the people at the center of the sharing economy we could see that the USA are the country that are the more familiar with it, 20 % of the total US adult population has engaged in a sharing economy transaction in various domains: entertainment and media, transportation, hospitality …

II / Benefits and negative impact of sharing economy:

Sharing benefits both individuals and the environment: Renters save money by not having to buy the item they are renting. They also typically save money than if they had used a more professional provider, such as a car-hire company or hotel. The environment benefits because people are able to utilize excess capacity rather than purchase another item. A non-economic benefit is the social aspect of sharing economy.

Negative impact:  The initial humanist element which started off with the best of intentions has matured naturally into a requirement for profit.  Sure there are companies which have remained true to their principals but those who do so will most likely be replaced by a forward thinking enterprise which uncovers a more economical way of doing things that profits shareholders. To illustrate this I will talk about a document studied in class. It’s an article from the magazine Forbes called “Where is the “sharing “in the sharing economy “.This article denounced the company “Uber “and that the company  that proclaimed herself a sharing economic company had nothing to do with mutualizing resources, but only with selling.

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