What has happened to the "privatize the wins, share the losses" economy ?

Question

The Results Are In for the Sharing Economy. They Are Ugly.

Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That’s a problem when much of the world is staying home.

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Answer 1

Is it Sharing Economy or rather Avoidance Economy? Avoidance of taxation, regulations, fair wages and work conditions for workers?

Answer 2

I saw it as "Privatize the profits; socialize the losses."
The NYT, however, has a story and needs readers' eyes.


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