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Is the Gig Economy Working?
Article

Is the Gig Economy Working?

Many liberals have embraced the sharing economy. But can they survive it?

Nathan Heller
The New Yorker, 2017
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Editorial Rating

8

Qualities

  • Innovative
  • Eye Opening
  • Background

Recommendation

The gig economy, which companies like TaskRabbit and Airbnb represent, has helped millions of Americans earn extra money. But as more and more people rely on “gigging” as their only source of income, society will need to address the question of whom the new economy is leaving behind. In an essay in The New Yorker, editor Nathan Heller explores the irony that many liberals and progressives champion the gig economy despite its doing away with the welfare benefits and worker protections liberals fought for throughout the 20th century. getAbstract recommends Heller’s thought-provoking look at the winners and losers of the gig economy to policy makers and anybody participating in the new economy. 

Take-Aways

  • Businesses in the gig economy typically operate through online platforms, use customer ratings and rely on a network of freelancers who set their own schedules.
  • While the gig economy allows workers to set their own hours, it also deprives them of a stable income, worker protections and employee benefits.
  • Gigging seems to take away work from conventionally employed service workers while simultaneously allowing more affluent people to increase their wealth.

About the Author

Nathan Heller is a staff writer at The New Yorker.

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