I heard a lot of good things about this book:
Raw Deal - How the "Uber Economy" and Runaway Capitalism Are Screwing American Workers
Does anyone have a pdf of it?
>makes public transportation cheaper and more user-friendly for everyone in the country, especially those who couldn't afford taxis in the past
>"screwing american workers"
Here's an idea: requiring a "taxi driver license" creates a racket that prevents free enterprise for people that want to be drivers. Maybe it is, in fact, the government that is screwing the American worker. But that has never happened before.
Decentralised uber built using the etgereum blockchain will be entirely p2p and be a better deal for drivers and passengers by cutting out the middleman which sucks 40 billion dollars value out of the system like a giant parasite.
Uber, airbnb, all centralised sharing economy companies will get btfo by ethereum.
I paid $37 for two 2.5 mile Uber rides on NYE.
One racket has been replaced with another, except this one gives an even greater proportion of the profits to old white men that try to do things like make it illegal to sue banks.
>Smelly, dirty, disgusting cabs with cum-stained seats
>Taxi Drivers pretty much universally being known for fucking people over, taking the long route, running up the meter, etc.
>Taxi drivers being Indian with a thick accent and rude manners
>Paying a premium price for this
Gee I just don't know. WHY OH WHY do people prefer Uber instead of getting scammed by an Indian taxi drivers? Can someone help me figure this out?
>using a taxi to go LITERALLY 2.5 miles when other people needed that same vehicle to go to the airport
You paid the price that comes with demanding an inefficient allocation of resources in a functioning market. Who could ask for more?
Uber is not a new concept. It existed a long time ago, but without the Internet and smartphones
It was the taxi industry that pushed for the license to begin with as a way to stop
Calling it "runaway capitalism" is ridiculous, especially when you consider the taxi license was created as collusion between business and government to prevent free market capitalism
Uber drivers provide a superior service and at the moment that's all people care about. We all know the government is shit cant keep up with everything thats new. Eventually there will have to be a change in how the government closes up independent contractor loophole that every goddamn company is exploiting right now.
Oh yes, then the government can permanently end all forms of competition and let entrenched firms use regulatory capture to determine what customers pay for services.
Let's do that please.
This reminds me the oil issue. Oil is finally cheap for consumers, shipping is cheaper for companies, and yet people entrenched in the "economy" (the stock market, not the actual economy where things are produced) are shitting themselves because oil prices are going down and how it's such a terrible thing.
To be fair, we have a little problem in America where everyone with a retirement plan (pensions included) is dependent upon that fake "economy" of which you speak.
And companies will have a hard time seeking outside investment if their stock price tanks due to an oil crisis.
It might not be fair, but it is how the cookie crumbles in the first world.
There is nothing a pension fund manager could have "diversified" in that would have salvaged his earnings over this past month other than insanely risky instruments like inverse ETFs (that wouldn't be part of a long term portfolio anyway)