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by glenra 2893 days ago
That's the "...and then a miracle occurs" theory of economics.

Keep in mind that Uber solved a HUGE REAL PROBLEM that cabs didn't - Uber cheaply serves neighborhoods where it was previously near-impossible to get a cab. Increasing "minimum standards" tends to make it illegal to serve low-income communities. Just as high "minimum standards" on housing price low-income people out of the housing market, high "minimum standards" on transit jobs price low-income people out of the transit market. The market alternative here is illegal "gypsy cabs" which also didn't provide unemployment insurance or a minimum wage income.

1 comments

"Increasing "minimum standards" tends to make it illegal to serve low-income communities."

That is a flat out lie. There is absolutely nothing preventing Uber from adhering to those standards while providing the same level of service they currently do.