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The Sharing Economy: radical capitalism or high-tech pocket money?

1:24:50

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Uber and AirBnB are just two of the most high-profile examples of what’s been dubbed the Sharing Economy. Proponents argue this new trend has the potential to transform capitalism and our attitudes towards ownership. But isn’t this just a way to make do and mend? The panellists in this debate filmed at the Battle of Ideas don’t hold back, arguing that the desire to re-use and share existing goods is a sign of our economic woes rather than entrepreneurial dynamism and that if our time, property and possessions can be hired by anyone at the right price, then our relationships will be based on transaction rather than trust.

The chair is Martyn Perks, digital business consultant and co-author of Big Potatoes: the London manifesto for innovation, and the panellists are Lesley Curwen, business, economics and personal finance journalist at the BBC, Rob Killick, CEO of Clerkswell, Benita Matsofka, chief sharer at Compare And Share, and Eva Pascoe, chair of the digital network, Cybersalon, and the co-founder of Cyberia, the world’s first internet café.

Battle of Ideas session details

Related topics: Debates, Economy

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Hamish Taunton said:

Will definitely share this, my favourite quote is from the speaker Rob Killick “A permanent car boot sale of my skills and possessions is not a future I want to subscribe to” . Sadly I know too many people who think this is a good idea!

Sarah Kelly said:

FAB Video & debate- sharing is not renting your stuff! I can’t believe people think this is radical.

farah said:

Why oh why do people think this stuff is good for the developing world, it really makes me mad, getting by on left overs is what we have to do all the time now we need development & growth not more recycled rubbish.

Julia Peters said:

GREAT VIDEO that woman I’m afraid did get the savaging she deserved.

Jeremy said:

what an amazing debate thank you for posting this I must admit i had thought sharing was quite radical but sometimes it’s good to know you are wrong!