“When Mr. Booker discusses the overwhelmingly poor, minority community he serves, talk of justice recedes behind talk of creating opportunity. He grew most excited in an hourlong conversation about so-called “collaborative consumption,” the spreading practice of renting, sharing and bartering things, like a bike or a spare bedroom, rather than owning them outright.
Many in government have been wary of services like Airbnb, which, in allowing people to earn money renting out rooms, diverts funds from tax-paying, unionized, regulated hotels — as do similar services in transportation, finance and other spheres. But Mr. Booker believes such services give the less fortunate the chance to make ends meet without waiting for the return of union jobs that may never come back.” – Anand Giridharadas, New York Times
One of the things we are most excited about at the moment is the huge potential for cities to be linchpins for collaborative consumption. Newark Mayor Cory Booker sets an example for other cities around the world to follow in the way they are thinking about the sharing economy and the huge opportunity it presents to reinvent public services.
For the full story, check out the New York Times.