Let us explore some fundamental ideas that can help us better understand the sharing economy.
We all live on one planet, which means that we inherently share a common environment and its natural resources. Natural resources are humanity's common heritage, or the commons of humankind. No one, therefore, should have exclusive rights to use these resources in ways that prevent others from meeting their basic needs. Everyone has the right to a fair share of the natural resources that make human survival and development possible. These resources form the foundation for producing the goods that enable us to meet human needs and live a decent life.
We all belong to one biological species, Homo sapiens (meaning "wise human"), and can therefore speak of one humanity, or one great human family. Despite differences in appearance, language, culture, and ways of life, we are also remarkably similar genetically. Our membership in a common human family therefore calls on us to show mutual solidarity and care for everyone's well-being. No one should be deprived of the goods needed to meet basic human needs.
All human beings have the same basic needs. To live a decent life, we need food and drinking water, clothing and housing, healthcare and social protection, and education. These are fundamental to our survival and development. Meeting these needs must therefore not be a privilege but must be guaranteed to everyone, as set out in Articles 25 and 26 of the Universal Declaration of Human Rights.
The economic system's task is to transform natural and social resources into goods that meet human needs. Beyond extracting resources and producing goods, the economic system also encompasses their distribution and allocation, which determine who has access to these goods and to what extent. Society, particularly its political institutions, has a responsibility to establish an economic system that ensures everyone has access to the goods needed to meet their basic needs.
As individuals, we share responsibility for how both political and economic systems function. By voting, participating in public discussions, and engaging in other forms of civic activity, we help shape political decisions and, consequently, economic decisions. At the same time, as employees, producers, consumers, and other participants in the economic system, we influence its direction and development. Our responsibility, however, does not end with concern for our own well-being or that of our community and country. As members of one human family, we also share responsibility for ensuring that all people, wherever they live, have the opportunity to meet their basic needs and live a decent life.
When relentless competition, selfishness, greed, and the unlimited accumulation of goods and wealth dominate society, we create conditions that contribute to hunger, poverty, conflict, forced migration, and climate change. But when we act on the principles of cooperation, solidarity, compassion, and the sharing of goods, we create conditions for prosperity for all, mutual trust, genuine and sustainable development, and peace.
The sharing economy is an economic system based on cooperation, solidarity, compassion, and the sharing of goods. We have the political and economic power to establish such a system, one that benefits everyone. We do not all need the same amount of goods, but everyone must have access to enough to meet their basic human needs. In this way, we will put into practice a simple truth: we are all part of one human family, sharing a common home, the Earth.

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