Arun Sundararajan, a professor at NYU’s Stern School of Business and author of the recent book The Sharing Economy, believes crowd-based capitalism could replace managerial capitalism in the next 10-20 years. Sundararajan believes crowd-based capitalism is an inherently superior model, one that uses resources more efficiently, which tends to result in increased economic productivity. Crowd-based capitalism, according to Sundararajan, also tends to increase the variety, diversity, and sometimes quality of goods, which results in higher levels of consumption. Economists don’t agree on much, Sundararajan says, but “if there are two things we agree about, one is that productivity growth leads to economic growth, and the other is that increases in consumption lead to economic growth.” Sundararajan’s research also indicates that crowd-based capitalism will have an equalizing effect on the economy by beginning to de-centralize the means of production.