[oooshha]

Sorry but if taxi drivers are committing suicide due to losses on medallion value, they should be protesting city hall, not Uber. If the government wants to create rent seeking monopolies then it needs to have a plan to unwind them when things change.

[darpa_escapee]

> Sorry but if taxi drivers are committing suicide due to losses on medallion value, they should be protesting city hall, not Uber.

Taxi drivers aren't protesting, it's the ride-share drivers who are protesting. Ride-share drivers have grievances with Uber outside of what's happening to traditional taxi drivers.

[marmshallow]

Ride share drivers are protesting;

Taxi drivers are committing suicide;

Please read the article before you take a side;

[darpa_escapee]

I'm very capable of reading the article, and have.

If you had read and comprehended my post, and the post I responded to, you would have seen that the OP was taking offense to the idea that taxi drivers were protesting Uber.

Having read the article, it is clear that the OP is mistaken, because taxi drivers are not protesting.

Hope this helps.

[acct1771]

Wait...so if the government (or any other company) sets up a bad deal for an individual...that entity is responsible for cleaning up a mess created after the other party willing agrees?

Where does the other party's personal responsibility come in, exactly?

[raws]

From my pov one's playing by the market rules: get a license even if it's not a great deal, the other is just providing a similar service without the license shorting the established process completely.

[blub]

They can bring their grievances to whomever they want, you make it sound like they're disturbing the fragile balance of the universe because they dare criticise some corp, especially one that's known for playing dirty and skirting rules itself.

Things didn't "change", Uber barged in, elbowing left and right, burning VC money and failing to turn a profit. One could argue this is one more chapter in the ancient story of money and greed.

[chadash]

The headline says ride share drivers, not taxi drivers.

[itake]

the article content mentions how taxi cab drivers commit suicide due to the uncompetitive prices.

[bobthepanda]

They’re not the only ones committing suicide: https://www.nytimes.com/2018/10/07/nyregion/uber-driver-suic...