
The Sharing Economy: A Critical Political-Economic Analysis Through the Lens of Primitive Accumulation
Abstract
The rapid emergence and expansion of the "sharing economy," exemplified by platforms like Uber and Airbnb, have sparked intense debate regarding its fundamental nature and societal implications. While often lauded for its efficiency, innovation, and community-building potential, a growing critical perspective argues that these platforms represent a new, intensified form of capital accumulation. This article undertakes a critical political-economic analysis of the capital-extractive sharing economy, positioning it as a contemporary manifestation of primitive accumulation. Drawing upon Marxist theory and contemporary critiques, this study examines how these platforms dispossess traditional labor, create new precarious labor forces (the "precariat"), and enclose previously non-commodified assets, thereby facilitating novel avenues for capital extraction. By synthesizing evidence from labor disputes, regulatory challenges, and theoretical discussions, this analysis aims to illuminate the underlying mechanisms of wealth concentration and power dynamics inherent in the platform-mediated sharing economy, challenging its utopian narratives and advocating for a more nuanced understanding of its socio-economic impact.
Keywords
Sharing Economy, Primitive Accumulation, Capital Extraction
References
“Taxi drivers protesting Uber move inside city hall,” CBC News, December 4, 2015, http://www.cbc.ca/news/canada/toronto/taxi-drivers-uber-protest-toronto-city-hall-1.3350967.
Emile Picy and Leila Abboud, “French court upholds ban on Uber’s service using non-professional drivers,” Reuters, last edited September 22, 2015.
Umar Lee, “Why Progressives Should Think Twice About Embracing Uber and Lyft,” The Huffington Post, June 19, 2014, http://www.huffingtonpost.com/umar-lee/cab-drivers-uber_b_5179635.html.
Benjamin Sachs, “Uber: Employee Status and ‘Flexibility’,” On Labor, September 25, 2015, http://onlabor.org/2015/09/25/uber-employee-status-and-flexibility/.
Markus Barnikel, “The Sharing Economy: Communism or Hyper Capitalism?,” The Huffington Post, June 3, 2014, http://www.huffingtonpost.co.uk/markus-barnikel/sharing-economy_b_5084319.html.
Paul Mason, “Airbnb and Uber’s sharing economy is one route to dotcommunism,” The Guardian, June 21, 2015, http://www.theguardian.com/commentisfree/2015/jun/21/airbnb-uber-sharing-economy-dotcommunism-economy.
Ramen Frey, “The Sharing Economy: The Best of Capitalism and Communism,” Medium, August 30, 2015, https://medium.com/@ramanfrey/the-sharing-economy-reconciles-the-best-of-capitalism-and-communism-20ece218f064#.phhuzos2b.
Matofska, “What Is The Sharing Economy?,” The People Who Share, 2012, http://www.thepeoplewhoshare.com/blog/what-is-the-sharing-economy/.
Robert W. Cox, “Social Forces, States, and World Orders: Beyond International Relations Theory,” Millennium: Journal of International Studies 10 no. 2 (1981): 128-129.
Matofska, “What Is The Sharing Economy?”.
Article Statistics
Downloads
Copyright License
Copyright (c) 2025 Prof. Helena Vogel

This work is licensed under a Creative Commons Attribution 4.0 International License.