The Worker-Owned Sharing Economy Aims to Disrupt the Disruptors

The new platforms all share a vision of the Internet as a commons. While most so-called sharing economy platforms are top-down affairs backed by venture capital, these emerging platforms are structured as democratically owned and governed cooperatives run for the benefit of their worker-owners.

“The cooperative element of Loconomics ensures that the platform stays in the best interests of the people who are supplying the labor and not in the interests of short-term profits,” says Josh Danielson, the site’s founder. His goal, he adds, is to “create a long-term material impact with hopes of reducing income inequality by cutting out middlemen in local economies.”

Read the full article at Locavesting


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