What's Mine Is Yours: The Rise of Collaborative Consumption

collectives, and communes—are being refreshed and reinvented into appealing and valuable forms of collaboration and community. We call this groundswell Collaborative Consumption.

After reading about the broader economic view of currency as not just money but also time, skills, and effort, he decided to start VEN, the first global peer-to-peer social currency to move from an online network into the real world.

technology is reinventing old forms of trust. Chesky predicts, “The status quo is being replaced by a movement. Peer-to-peer is going to become the default way people exchange things, whether it is space, stuff, skills, or services.”

Newmark placed the control and decision making in the hands of members. On craigslist it is as simple as “Treat other people as you want to be treated.”

Access becomes the privilege and ownership the burden.

Product service systems and redistribution markets are two systems that lead us to rethink the reasons and way we consume products and services. But what about the less tangible and more personal assets that make up our day-to-day lives? What about things like our knowledge, time, workspaces, creativity, money, homes, gardens, and other social spac

As John Thackara says in Inside the Bubble, “It’s the accumulation of such tiny, unnecessary acts that weigh so heavily on the planet.”24

“Sharing is to ownership what the iPod is to the eight track, what the solar panel is to the coal mine. Sharing is clean, crisp, urbane, postmodern; owning is dull, selfish, timid, backward,” New York Times journalist Mark Levine

question,” Fenton explains. The founders came up with different open-ended questions that anyone could answer but that would also prompt people to share something deeper about themselves. “Where did you grow up?” or “What are some of the most interesting things you have seen or done in your life?” These were questions that hosts and travelers could

The consumer peer-to-peer rental market for everything from drills to cameras is estimated to be a $26 billion market sector.