Workers are their own bosses in the so-called sharing economy, but that flexibility also brings much uncertainty — and few of the protections of full-time work.
|Scooped by BeerBergman|
More of the same stuff, but worth a reading. Excerpt.
"Technology has made online marketplaces possible, creating new opportunities to monetize labor and goods. But some economists say the short-term gig services may erode work compensation in the long term. Mr. Baker, of the Center for Economic and Policy Research, argues that online labor marketplaces are able to drive down costs for consumers by having it both ways: behaving as de facto employers without shouldering the actual cost burdens or liabilities of employing workers.
“In a weak labor market, there’s not much of a floor on what employers, or quasi employers, can get away with,” Mr. Baker contends. “It could be a big downward pressure on wages. It’s a bad story.”
“These are not jobs, jobs that have any future, jobs that have the possibility of upgrading; this is contingent, arbitrary work,” says Stanley Aronowitz,director of the Center for the Study of Culture, Technology and Work at the Graduate Center of the City University of New York. “It might as well be called wage slavery in which all the cards are held, mediated by technology, by the employer, whether it is the intermediary company or the customer.”"