Access, not ownership: “Sharing Economy”

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Millennials have been reluctant to buy items such as cars, homes, music and luxury goods. Instead, they’re turning to a new set of services that provide access to products without the burdens of ownership, giving rise to what’s being called a “sharing economy.”

25 years from now, car sharing will be the norm, and car ownership an anomaly.

Jeremy Rifkin, Author and Economist
Categorized as Life