NEW MEDIA TECHNOLOGIES, DIGITAL SHARING, AND THE NEOLIBERAL ECONOMY
NEW MEDIA TECHNOLOGIES, DIGITAL SHARING, AND THE NEOLIBERAL ECONOMY

Summary/Abstract: We rely on Sundararajan (2016) to prove that the sharing economy is the presentstage of a constant progress of the economy and society that is influenced to some extent bydigital technologies. The latter take individuals back to recognizable sharing conducts, selfemployment, and types of community-based network that survived before now: an enhancedtype of something recognizable should gain boundless acceptance swiftly and have superioreconomic consequence than the creation of completely novel consumption practices or patternsof hiring. We develop primary empirical research for the principal case study that determinesthat the proficiencies of crowd-based capitalism make possible an economy that dependsgradually on peer-to-peer platforms to regulate economic operations. We use meta-analysis toinspect evidence proving that rising blockchain technologies might reshape crowd-basedcapitalism, repositioning the crowd from being the origin of delivery to being the go-betweenthat organizes and jointly dominates the market, but they may drive a novel phase of peer-topeer markets and digital disorder. We attempt to address these increasing aspects by elaboratingon the aspect that the variety of conducts and organizations that constitutes the sharing economyis a preceding illustration of a time to come in which peer-to-peer network becomesprogressively predominant, and the crowd substitutes the company at the heart of capitalism.

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