What matters to me isn’t the materialistic issues, but instead, how a lack of ownership fundamentally change our economy. Ownership directly impacts things such as net worth and financial leverage capability (via loans and collateral). Those that stop owning items, in favor of the new services based world, will be at a disadvantage in the long term in investing and generating additional cash flow. This will drive a continued wedge between the “haves” and “have nots” of the world. Society must consider the implications of the shift of ownership from a political vantage point.
Why Services Are Eating The UNIVERSE!
Tyler Shields

On the other hand, ownership could also seen as additional weigth for financial leverage. Take a car for example. Maintaining it costs money and will do more so over time. With a lease car, the responsibility is for the contractor, which will ensure he will get the most durable car to get the most of out of it.

Let’s take this a step further. Let’s say I want to start a business within transportation. I don’t have a car, nor the liquidity to purchase one. I would be able however, to lease one and start my business the very next day. Maybe it would cost me more at the end of the day but at least it enabled me to start ahead. Also, if this car would break down I would not have to reinvest in a new one but rather wait for the replacement to come. Not only does this save me money, it transplants the responsibility of durable transport towards the manufacturer/service provider.

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