blog 11

Lessig defines an economy as "a system in which “something” is exchanged with another for “something” given in return" p. 117. The main fundamental difference is that a commercial economy runs on money, whereas a sharing economy is placed on collaboration and growth the specific thing being shard. A commercial economy follows set of rules and principles that are governed and expected to be followed. From this explanation it would seem that a sharing economy is much better than a commercial. but this is not true, both provide various pros and cons. it is highly influenced by the purpose of the exchange.