April 10, 2016
If the current debate over how to regulate services like Uber and Airbnb reveals anything, it’s hypocrisy on all sides of this issue. Industries that have profited handsomely from a market monopoly for decades are suddenly pleading for support from the people they’ve fleeced. Homeowners with dollar signs in their eyes are appalled at the prospect of being taxed for turning their suites into hotel rooms. And most of all, there’s the hypocrisy of applying terms like “sharing” and “new” to an economy that may better utilize resources, but still generates a lot of wealth for a handful of people tapping into the age-old custom of making money by helping someone else cut corners….
Source: http://www.cbc.ca/news/canada/british-columbia/uber-airbnb-sharing-economy-1.3526114