What the thing is
A socio-economic system involving shared creation, production, distribution, trade, and consumption of goods and services.
Where it came from
Marcus Felson and Joe L. Spaeth coined ‘economy of sharing’ in 1978. The term ‘sharing economy’ appeared around the Great Recession. Lawrence Lessig possibly used it first in 2008.
What it gets right
It lowers GHG emissions from products by 77%–85%. It leverages digital platforms to redistribute underused capacity. It works across nonprofit (library-style) and commercial models.
What it gets wrong
It misnames market-mediated access as ‘sharing’. It depends on users overcoming fear of strangers—but does not solve the legal ambiguity of triangular platform-operator-user-provider structures.
Why it matters now
Because platform-mediated access is now central to housing, transport, and labour—and because its environmental promise (77%–85% lower GHG emissions) sits uneasily beside unresolved questions of trust, legality, and definition.
Is it worth your time
Yes—if you need to understand how platform-mediated access reshapes ownership, trust, and environmental claims in real time.





