The Sharing Economy is a term we’ve heard a lot in the past couple of years, with companies like Uber, AirBnb, and Taskrabbit on the rise.
Critics say while they’ve made life easier in some ways, they’ve also created a society where more and more people are relying on gigs and small jobs with no benefits rather than steady careers. According to Steven Hill, that is bad for the economy. He’s with the New America Foundation and author of Raw Deal: How the Uber Economy and Runaway Capitalism Are Screwing American Workers. Rather than just critiquing this new reality, Hill says, he has some solutions to make it better for workers. One is the ‘multiple- employer safety net’. He joined Hana Baba in studio to explain how it works.
Steven Hill: You work for an employer. That employer would pay a certain amount of money, about 2.50 above your wage, into an individual security account for you.
