Solutions: The Peer-to-Peer Economy [Video]

peerJames Corbett – If the root of our economic problem is the tendency toward centralized, globalist bureaucracies (like the EU and the WTO and the IMF and the World Bank) why does anyone believe the solution will be centralized, globalist bureaucracies (like the BRICS Bank and the EEU and the AIIB)? Today we look at a truly paradigm-shattering civilization-wide change taking place right now that has the potential to undermine the status quo: the peer-to-peer economy.

[youtube=http://youtu.be/v_yaENlXGa4]

The Peer-to-Peer Economic Model

The sharing economy (sometimes referred to as the peer-to-peer, mesh, or collaborative economy; also collaborative consumption) is a socio-economic system built around the sharing of human and physical resources. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations.[1] These systems take a variety of forms, often leveraging information technology to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.[2] A common premise is that when information about goods is shared, the value of those goods may increase, for the business, for individuals, and for the community.[3]

Collaborative consumption as a phenomenon is a class of economic arrangements in which participants share access to products or services, rather than having individual ownership.[4][5] Often this model is enabled by technology and peer communities.[6]

The collaborative consumption model is used in marketplaces such as eBay, Craigslist, Tradepal and Krrb, emerging sectors such as social lending, peer-to-peer accommodation, peer-to-peer travel experiences, peer-to-peer task assignments or travel advising, car sharing or commute-bus sharing.[7]

The Mesh Economy is an economic model predicated on the sharing or meshing of talents, goods and services. This model is enabled by technology that makes connections between people, goods and services more efficient, resulting in new communities, organizations and business models for the public and private sector. Technologies such as mobile devices, social media, the Internet, networked communications, 3D printers and sensors allow individuals and organizations to directly share existing resources rather than wait for third-party businesses or governments to deliver the desired goods and services. These people-to-people or peer-to-peer models[8] create a new opportunity for individuals, communities, governments and corporations to transact and collaborate. The Mesh economy was first articulated by Lisa Gansky in The Mesh: Why the Future of Business is Sharing.[9]  (Source Wiki)

SF Source Corbett Report  March 2015

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