DECIPHERING THE CAPITAL-EXTRACTIVE SHARING ECONOMY: ANALYZING ITS POLITICAL-ECONOMIC ROLE AS PRIMITIVE ACCUMULATION

Section: Articles Published Date: 2024-02-02 Pages: 06-11 Views: 0 Downloads: 0

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Abstract

The emergence of the capital-extractive sharing economy presents a novel terrain for economic analysis and critique. This study delves into the political-economic role of the capital-extractive sharing economy through the lens of primitive accumulation theory. By scrutinizing the mechanisms through which value extraction occurs within sharing platforms, this research sheds light on the socio-economic implications of contemporary sharing practices. Through a nuanced analysis of power dynamics, labor relations, and ownership structures, the study explores how the capital-extractive sharing economy contributes to processes of wealth concentration and socio-economic stratification. Ultimately, the study aims to provide a deeper understanding of the political-economic dimensions of the sharing economy and its broader implications for economic justice and social equity.

Keywords

Sharing economy, capital-extractive, primitive accumulation