The Government [Finally] Takes Advantage of the Collaborative Economy

In light of the recent pivotal controversy involving government interaction in the shared economy, a new ecosystem has arrived, specifically focused on sharing government resources. MuniRent is a platform that makes it very easy for local governments to lease heavy duty equipment to other governments. Based out of Ann Arbor Michigan, MunitRent is one of few peer-to-peer platforms among businesses.

MuniRent.co

The site gives municipalities access to hundreds of pieces of equipment available with photos, machine specifications, and locations.  "There are early adopters who are excited about the sharing economy coming to the government level," says CEO Alan Mond. "Our vision is to be the hub for collaborative government."

The potential for both parties is cost. MuniRent claims that renters can give equipment up to 70% cheaper than on the open market, and the renting municipality can use the cash to offset equipment upkeep. 

FastCoExist's Ben Schiller spoke with CEO Alan Mond who reckons that governments are more likely to share than businesses, because, aside from political differences, they don't compete. "If you have two construction companies, one of them may not want to rent a crane to the other one. Governments are all trying to do sewer maintenance on reduced budgets. They're not competing. They just happen to be in different jurisdictions," he says.

It's incredible to see the government get involved in the collaborative economy to save the taxpayer dollar. We'd be interested to see if they'll continue this onto other services as well, and if their involvement will cause them to alter current views on sharing economy policy.

Check out the full article on MuniRent in FastCoExist and let us know what you think. Where else could the government benefit from sharing economy platforms?

The 'Sharing' Hype - Do companies like Lyft and Airbnb help democratize the economy?

“How can a movement that has been started by corporate and venture capital be any kind of socialism?”

2013 marked significant growth in the new sharing economy, ride-sharing company Lyft saw a twenty fold increase in users and room-sharing platform Airbnb gained 6 million customers. Last year also exposed the legality issues of sharing services and has now intertwined the sharing economy with regulators. Currently, most legal focus is on ride-sharing (e.i. Lyft and Uber) and room-sharing (Airbnb). However the sharing economy has a directory of hundreds of different platforms that provide peer-peer sharing that have the potential to violate some sort of established regulation. The sharing economy has been referred to as an "ugly throwback to the dark days of socialism". The article by In These Times asks "Is the sharing economy in fact socialist, or in any way anti-capitalist?".

In these Times met with David Golumbia, assistant professor of English at Virginia Commonwealth University and author of The Cultural Logic of Computation, Neal Gorenflo, co-founder and publisher of Shareable Magazine, and the SolidarityNYC collective to discuss the sharing conundrum. Check out the full article here and let us know what you think. Does the sharing economy encourage an anti-capitalist economy? Or a socialist one?

Does the Government need to Regulate the Sharing Economy?

Economist Arun Sundararajan tells us why he thinks the government should not regulate the sharing economy and that reputation replaces regulation. 

In the sharing economy, reputation serves as the digital institution that protects buyers and prevents market failures.

This is a very controversial topic for the sharing economy, especially since the recent death of a six year old girl who was hit by an Uber contracted driver.  

Check out the rest of Arun's article on Wired and let us know what you think. Should the government be involved in the sharing economy? If so to what extent?