Listening to some of its more effusive advocates, the ‘collaborative economy’ is the co-op movement of the 21st century. It creates communities, shares wealth and helps build a better world. The reality, of course, is very different. A new generation of brash tech savvy entrepreneurs has become increasingly adept at exploiting regulatory gaps in the services sector.
Their pitch is that they are meeting a demand at competitive prices that others can’t provide....
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