The idea of a transparent world full of equality and common property—a way to disaster

The idea of an overly idealized “sharing economy”, in which private property becomes a common good, is gaining power. The proponents seem to forget, that private property and clearly defined property rights are essential factors for the prospering development of society. This article illustrates how the world has got so far and why the idea of a transparent world full of equality and common property is a misleading effort.