The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.
It’s nice however let’s assume that it is the main consumer model. Then everything becomes possibly 20 times more expensive as companies need to keep same profit (shareholders) and now 20 people pool money to share the thing. It’s not a solution to capitalism, however it would work wonders for environment.
Yet it is us doing all the work for the environment while companies don’t lift a finger and get all the profit. Not a viable long term solution to a fundamental problem of wealth.
The companies who have 20x the mark up necessary to survive will quickly see new businesses occupy the space to undercut them.
Yeah, this is the one piece a lot of people miss: in any decently competitive market, individual firms have effectively zero power to set prices; they must instead accept the prices determined by the market.
Knowing that, the solution to that sort of corporate BS, then, is to ensure markets are competitive by busting monopolies, lowering barriers to entry, and getting money out of politics to reduce the effect of lobbying.
It’s not a solution by itself, but a library economy can form part of it: https://www.youtube.com/watch?v=NOYa3YzVtyk
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=NOYa3YzVtyk
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=NOYa3YzVtyk
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
What the fuck is this rent-a-center propaganda?
How stupid are we?
Everything as subscription.
Yeah it is seem to be cheap now, until you become dependent on it.
On the flip side, when you lost your job, cancel your home subscription and become homeless.
What could go wrong with depending on such a service? The things up for rental here are only things that have to be frequently changed or used just once or twice. I don’t expect to subscribe to more permanent things as part of the expansion of tool rentals. Yes, some like Adobe have already adopted subscription for permanenty things, but that’s different from this topic.
Ubik was right
Oh, I assumed this article was going to be about public libraries. Often public libraries will have things for checkout, like gardening or cooking equipment. Yeah, this is somewhat distopian. These companies will probably make bank off of this. It should be public. We need a larger library system for much more things.
We need a larger library system for much more things.
Private Equity goes REEEEEE!
Not sure I agree that it’s dystopian. Imagine how much less waste there would be. People with less crowded storage/garages/houses with less junk they use rarely. Like, I have this scroll saw I’ve used for like one project. Why the fuck do I own this thing?
Reduce. Reuse. Recycle.
I guess so, but I just see this going in the direction of not wining anything and needing a subscription service. They end up costing a lot more and nearly killing off alternatives.
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https://piped.video/gMt-Opo1Ovw?si=kUUwG4InmnP0UkL4
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
The issue with renting is, of course, just like apartments (or flats if you will), the producers of the items will see the opportunity to inflate the retail costs of the items, the more they see their sales dip due to renting, which will make the price of renting the equipment greater … and so it goes
Not exactly. The type of rental discussed in the article is short term, not long term like an apartment.
Also, there will probably be a response in the industry, but it could end up being better overall. For instance, an appliance may end up being designed more for repair and have a longer design lifespan as there are fewer, but more educated, consumers of the appliances. I would expect a steam cleaner that has to run two times a week to be more expensive than one that has to run two times a year.
Also, there will probably be a response in the industry,
I dunno. There have been tool rental places with pro level tools for a very long time, and the tool manufacturers don’t seem to have reacted to stop it.
I didn’t say tool makers would stop it.
But there is a difference in design philosophy between pro tools and amateur tools. I would expect that, if the market shifts to more kinds of tools, the design of those tools will shift as well.
I don’t really see a problem with a model of companies creating fewer, more durable/expensive items that everyone can share.
There are pros and cons to both. Sometimes you should rent, others buy. If you use it every day then buying is often best. If you need it once a decade then rent.
Wait is this trying to suggest just renting is the same thing as a library?
The benifit of a library is you share the cost as a group and get some fractional use of it. Like books that you only really need access to for small amount of time.
Its not the same as say Amazon owning the book rental space and choosing, without any choice on your point, on what books are there or who could get access to them.
Tool libraries are libraries, not rentals.
So no, they aren’t saying renting is the same thing as a library. They are saying libraries offering more services are a great way for you to save money by not buying a tool you only need once or for a day here and there over the years.
I agree with the first part, but they are using the terms interchangeable of renting and borrowing. Talking about renting and subscription in the same vain as borrowing.
I just don’t want the very cool idea of a library economy to be conflated with the “you own nothing” subscription/rent everything economy.
They both have similarities but the actual ownership matters IMHO or else you get rent seeking/enshittification.
That’s fair, I’d agree the article does a terrible job of differentiating, and a company calling itself a library in it’s name doesn’t make it a library, just a rental service playing pretend for profit.
This is great! I’ve rented things from home improvement stores, and it’s often half the price of actually buying said thing. Hopefully this can get the price down a bit.
You’re literally saying you are happy paying half the price and not owning anything.
You could have at least bought the tools new and sold them after for a net maybe 5% loss…
He said the exact opposite.
Seems like renting with extra risk and steps
Time and effort to sell is also cost
Sometimes it’s better than the alternative. If I only need a thing once and I likely won’t ever need it again (e.g. a chainsaw when I cut down trees in my backyard a few years ago), I’m willing to make the trade-off. If I bought it instead, I’d still sell for half price and need to spend the time selling it. It’s a wash either way, so I’ll do the easier thing.
I’ll buy other things that I’ll use occasionally. For example, I own an angle grinder, which I’ve used a handful of times. If it was cheaper to rent, I would. But home improvement stores are in the business of selling tools, so they want to increase rent enough that people will lean toward buying instead of renting.
You do not understand that capitalism and markets are not the best solution for everyone, do you?
The one in Chicago is great. They also had a huge collection of free seeds this spring.
Once I started using the tool lending libraries in the San Francisco East Bay, it was a game changer for simple maintenance.
- https://www.berkeleypubliclibrary.org/locations/tool-lending-library
- https://oaklandlibrary.org/otll/
Some bike shops also have public work benches with tools. https://www.boxdogbikes.com/about-1
Not sure if dystopia
It’s the cracks in dystopia. Good things that would be awesome without dystopia but wouldn’t start without dystopia. Public libraries are a relic of the gilded age dystopia for example
Quite the contrary: it reduces wasteful consumption and reducing consumption is a requirement for Ecological recovery.
I would say that buying for very infrequent use or for a temporary need something which can be used with no problems for much more than that, is wasteful consumption at a systemic level - there should be alternatives.
Sure, owning your own personal high powered professional drill satisfies the greedy animal inside, but it’s not exactly wise of justified for most of us even just at a personal level. Ditto for quite a lot of other things.
The drive to own lots of shit isn’t healthy, both in a personal sense and in a systemic sense (including but not limited to Ecological), though it sure makes a ton of money for those who own most Productive Assets and all the ones is supporting areas such as Money Lenders, that most humans act as Consumers only limited by the maximum indebtness they can get into with their income.
Even if people can afford to own tons of things they barelly use, it would actually be better for everybody if that wasn’t common.
The only dystopia element of this is that in Late Stage Neoliberal Capitalism people are being pushed to rent because of the miniscule and worsening share of the wealth produced that workers get - or in other words, shit salaries whilst investment income has never been this good - as they can’t afford to own anymore, rather than because of a shift in the way people thing and them actually wanting to rent rather than own.
It’s dystopic if most can only afford to rent what they always need. IMO being able to rent something you rarely need is a good thing.
I’d much rather have my car for day to day driving and rent something with more space the few times I need to move something that won’t fit in my car. Even better would be to have ride share programs to use for medium loads and reliable mass transit for trips where I don’t have much to move.
Even better would be that Arcimoto MUV thing. Sadly it appears they went bankrupt
Cool
Looks a lot like a BMW prototype I saw almost 20 years ago. I kept hoping they’d bring it to market, but I guess it’s safe to give up on it by now!
They brought it to market for six glorious years but couldn’t achieve mass-production and spent way too much on a ton of SKUs most people don’t want before they basically went bankrupt.
When I was a kid in the late 80s/early 90s, we had a toy-library across from our house. You could rent all kinds of toys for a week, extend if needed, and return it when the kids got bored with it. Good times.
They also had LEGO, and every piece had to be accounted for on return.
They went out of business when people started buying their own GameBoys and PlayStations.
We had a rental thing for toys in our old neighbourhood, but you paid for it with currency made from helping at the nearby petting zoo.
My public library had toys for rent when I was a kid. You could check out Teddy Ruskpin and Power Wheels and full sets of sports equipment to use in the park next door. Then the neighborhood got hit by the late 80s financial crisis and the program was cut. And then they spent an enormous amount of money on a computer lab. And then an Adult Learning Center. And then they decided too many poor people were near the library, making it unsafe, so people stopped bringing their kids there. And then it got defunded. And now its abandoned.
Libraries used to have all sorts of cool high end shit in them. Now they’re so heavily deferred on maintenance that people don’t feel safe working inside.
Real shit.
The USA has been going backwards for some time now. I’m not even some Chinese simp or very political (I made an account on .ml before I even knew what I was doing) but it’s impressive how far they have advanced over the last 20-30 years and how the USA has just stagnated or regressed.
I’m not even some Chinese simp or very political (I made an account on .ml before I even knew what I was doing) but it’s impressive how far they have advanced over the last 20-30 years and how the USA has just stagnated or regressed.
The Chinese had a ton of catching up to do after WW2. So the first major industrializations in nearly a century are going to hit different than what Americans were trying to do at the bleeding economic edge.
But the mismanagement of the American economy has been glaring. Trillions into a series of disastrous wars. A desperate clutching to legacy ICE, long past its expiration date. De-investment in education, in health care, and in mass transit infrastructure. Financialization run amuck, to the point that fictitious speculative assets are outpacing the value of real capital and estates. Stagnant wages. Declining living standards. Police violence from coast to coast that seems to worsen with each new administration.
Now that the US and China are roughly on par technologically, there’s no strong reason for China to continue to outpace the US. Certainly, they’ve come down quite a bit from the heyday of double-digit annual growth figures. And we’ve got ample opportunity for domestic investment in a country that’s needed an infrastructure overhaul since the turn of the 21st century.
But nationalism is like rooting for your local baseball team. It doesn’t matter how bad the Yankees are doing this season. You wave that fucking pennant or you get your ass back to Boston.
Priced out of living in communities where you have friends and family to share things with? Hooray! Now you can pay us for that stuff in addition to your increased cost of living!
/c/orphancrushingmachine
They pay a subscription for this… Home Depot and Lowes have similar programs that only require a deposit when you borrow the tool, which is refunded when you return the tool. And it’s not even a super expensive deposit. But it is only tools.
Rent-a-Center is still a better service, since you could eventually own the thing.
I don’t think all friends and family own all these stuff either. And this really does save money. The machine here is at most consumerism, incentivizing us to pay extra and own everything we’ll use for like at most a month, which I think is too far of a stretch.
Well put. It’s preventing waste and excess for sure. It just seems like a manufactured problem from pushing us apart.
Curious what goods you don’t think friends would have back in the day from your perspective
There’s a company in Brentwood Tennessee and online that rents very expensive camera lenses.
So you can borrow a $3000 lens for say $200 for a week.
ok this is an amazing idea
36 GBP a month for 10 items of kids clothes? That’s 432 GBP a year. I’d think you could easily buy many more than 10 items of clothes for that amount and other than kids under 3 I don’t think you’d need to replace them more than annually.
The subscription’s 10 items per month, not per year, and return the next month. Babies outgrow really quickly when they’re young.
According to Or Collective’s website, I have saved £640 over the past two months. Not that I would have ever spent that much - the clothes I borrow from brands such as Bobo Choses and Tinycottons are much pricier than I’d ever be able to justify, which is part of the service’s appeal. My daughter is far better dressed than I am as a result. That said, you can buy them at a reduced price if you become particularly attached.
Obligatory Library Socialism Link: https://librarysocialism.org/
In the simplest terms, the right of usufruct means you can use things, but you cannot deny them to others when you’re not using them, and you do not have the right to destroy them to prevent others from using them. So, for example, the farmer is welcome to grow crops on a given plot of land - but if they choose not to, somebody else can use the land.
Given this, it’s easy to see that this principle already exists in public libraries. You can borrow a book to help you start a business, but you can’t prevent others from reading it after you - or threaten to destroy the book unless you receive the profits of the next reader’s business. You can hold the book exclusively (of other library patrons), but only temporarily.
With the size of housing units they build in condo buildings these days, who the fuck has any room to store appliances?
Plus, we live in an era where we produce too much shit anyway and it’s damaging the environment. So by sharing stuff like this, it means we need to produce less.
Indeed, also it’s much nicer to use a shared high quality tool than to buy an el-cheapo disposable tool.
Even something simple like a crowbar. I once borrowed a (shorter) professional crowbar after struggling with a (larger) cheap one. The thing I was trying to pry came out like butter.
Even though physics dictates that a shorter lever should be inferior, it just had a much better design and grip.
Better for our wallet, sanity and environment.
Yeah but was it any good for killing head crabs?
