How Much Are People Making from the Sharing Economy?

Re:How Much Are People Making from the Sharing Economy? by rtx on Monday July 24, 2017 @05:20AM (#14836970)

Yes, that reduces the cost of production. Everyone can be paid a high salary and produce expensive stuff. Or low salary and cheap stuff. Both of them are valid solutions.

But due to the current concentration of wealth in rich countries we are seeing preference for one of them.

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Re:How Much Are People Making from the Sharing Economy? by jahaja on Monday July 24, 2017 @05:34AM (#14837018)

So the wages of the poor is dynamic, but the profit margins etc are static by some force of nature?

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Re:How Much Are People Making from the Sharing Economy? by rtx on Monday July 24, 2017 @05:49AM (#14837081)

Yes, because capital is more fluid.

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Re:How Much Are People Making from the Sharing Economy? by jahaja on Monday July 24, 2017 @06:34AM (#14837268)

There's clearly more instruments for affordable produce than lower wages for the poor. I'm from a Scandinavian country and we've had it pretty good compared to countries with less wages and workers rights.

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