"It’s finally happening: the backlash against the most impressive features of digital-age economics. I’ve been waiting for this for years, knowing that we can’t smoothly travel from the old world of command and control to the new world of personal sovereignty without engaging in the intellectual argument.
What’s been missing until recently has been the framework these arguments would take. That’s now becoming clearer. The opponents of markets just can’t reconcile themselves to embracing the very thing they have supposedly advocated for generations: popular empowerment.
The technological upheaval of the last decade has given rise to a wonderful restructuring of some major aspects of economic life. The most impressive fall under the label of the ‘sharing economy’ or the ‘peer-to-peer (P2P) economy.’ They represent an implausible form of egalitarianism, rightly understood: everyone has access to and controls the means of production. It seems like a socialist dream, except that it is being realized through private property, entrepreneurship, and the universalization of the commercial spirit."