The sharing economy refers to an economy based on collaborative consumption in which several people share and use products once produced by changing goods from the existing “ownership” to the concept of “sharing.” Although the sharing economy has innovations that reduce transaction costs and expand the scope of new transactions, there is a controversy that it violates actual laws such as the Passenger Transport Service Act and the Tourism Promotion Act, which are regulations on traditional industries.
 However, given that the sharing economy based on innovation in IT technology is a new phenomenon, it is questionable whether it is desirable to apply and regulate traditional industries as they are. Furthermore, even if there is a need for regulation, it is necessary to review what kind of regulation should be introduced in order not to hinder the innovation of the sharing economy discussed above.
 Guy Standing, author of “Unearned Income Capitalism,” says, “It may be the first time in the history of capitalism that the core trend of capitalism has changed so quickly.” The author harshly criticizes, “It is packaged as a new 'sharing economy', but in fact, it should be called 'platform capitalism' that extorts unearned income.” Platform conglomerates, the children of the 4th Industrial Revolution, dominate the lives of the entire society in a completely different way from the early 20th century, and the power network of their domination is much tighter. Not only has the national state's unique authority, such as identification and financial transactions, but it also detects and creates all their thoughts, actions, and desires as a national state has never dreamed of. It's rather strange if there's no power problem. Attention is focusing on which side will win here or whether a new type of compromise and compromise will be made.
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