Drawing on extensive research and numerous real-world examples — including Airbnb, Lyft, Uber, Etsy, TaskRabbit, France’s BlaBlaCar, China’s Didi Kuaidi, and India’s Ola, Arun explains the basics of what he’s coined “crowd-based capitalism” — a new way of organizing economic activity that will replace the traditional corporate-centered model.  

As peer-to-peer commercial exchange blurs the lines between the personal and the professional, The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism shows us how the economy, government regulation, employment, and our social fabric will change. Arun describes the intriguing mix of “gift” and “market” in its transactions, demystifies emerging blockchain technologies, and clearly defines the array of emerging on-demand platforms. Equally important, he puts forth policy choices and proposes possible new directions for self-regulatory organizations, labor law, and funding our social safety net.