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by peatmoss
3164 days ago
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> What's your problem? My problem is that Uber has a bunch of venture capital that it can use to entice and entrap vulnerable populations into an exploitative relationship. It's only "pure capitalism" if one has a shockingly naive view of economics that ignores all of the preconditions that are required for a free market. For example, information symmetry, which is laughably not true given that Uber controls the dispatching with algorithms that are opaque to drivers. As time approaches infinity, yes, I believe the market will sort out many issues with Uber. In the meantime, I think they have the potential to grind up and spit out many people. |
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