The Value of Sharing Economy - Essay Sample

Introduction

Sharing economy or the collaborative economy is an economy where the consumers have ease of getting what they need from each other rather than to large organizations. But there is some confusion on what falls under collaborative economy, any business that targets consumers directly are not necessarily a sharing or collaborative economy. (Kostakis,43). However, this confusion will seize to exist when the market matures. According to Wikipedia, sharing economy (peer-to-peer economy) revolves around sharing of both physical and human resources.It primarily involves creation, distribution, production and the consumption of services and goods by different organizations and different people. According to Forbes revenue that revolves through the collaborative economy and goes directly to the people surpasses $ 3.5 billion and that it is becoming a disruptive force in the economy and yet it was just an income boost in the stagnant market (Dolnicar,6).

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The author addresses the general audience as he seeks to inform both the market players including the consumers. They both have to be aware of a collaborative economy and its benefits to the economy. It is essential for them to know to be able to understand the market economy.

The publication is logically organized in that it explains and shows how the sharing economy works. The explanation of the sharing economy is inevitably broken down to make it easier for the reader to understand. The main points are well presented and articulated; the author is clear and precise and direct to the point. The author in this publication has used simple and easy to understand English that anyone with basic reading skills in English can understand and articulate the point he is trying to put across, the author's text is not pretentious or choppy at all. The author's argument is well articulated, and it explains points step by step, he is not repetitive in any way. The work is precise thus there is no any repetition in the text.

The readings on the sharing economy are obviously exciting; it was fascinating to me because I came to know new things on the collaborative economy that I would probably never have known were it not for this reading.More information on the collaborative economy is found in books and the internet ( Alex, 31). By reading books and finding other information on the internet I gained more insight and knowledge on the collaborative economy. The books and the internet proved to be worthwhile in understanding more about collaborative economy and its effect on the market economy. After reading the publication and further research on books and the internet my perspective was changed. I had a shallow perspective about the collaborative economy, but as at this moment, I have gained more insight and understanding on the issue of the collaborative economy.

Conclusion

Most of the publication's information is fact since the authors even go ahead to quote figure and percentages. However, little information is based on actual opinions. Through my research in other sources, it is correct to say that the information given by the author in the publication most of it is based on facts. There it is fair to conclude that the information appears to be valid and it is well researched.

I fact-checked this publication by comparing it to other publications on collaborative economy and books that discuss the collaborative economy.

In conclusion, this publication has provided an easy understanding to those that find it difficult to understand what is meant by a sharing economy.

Works Cited

Kostakis, V. Network Society and Future Scenarios for Collaborative Economy. Place of Publication Not Identified. Palgrave Pivot, 2014.

Reinhold, Stephen, and Sara "The Sharing Economy. "Peer-to-Peer Accommodation Networks.(2018).

Stephany, Alex. The business of Sharing: Making It in the New Sharing Economy., 2015.Internet Resource.