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by TheMagicHorsey
1436 days ago
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I have no respect for The Guardian. MacGann is an absolute dirtbag, as even a cursory investigation would show. This is not Whistleblowing. This is a disgruntled guy who made a ton of money on Uber stock and is disgruntled he didn't make more. Is he going to give all his Uber money to charity? No? Then he should really not be acting like a whistleblower. Also, what Uber did is what every single corporation does with respect to its interactions with the regulatory states across the world. People have this fantasy that regulations are these perfect bodies of law that really do accomplish their stated goals. WRONG! They are more often counterproductive crap that people work around because they have to. The regulations create incumbents who have an interest in maintaining regulations because it cements their market power. The citizens are bamboozled by useful idiots like The Guardian journalists who just spout the party line without actually investigating how regulations actually work on the ground. Is there a single person at the Guardian who is aware that Private Equity firms and other investors bought up all the taxi medallions in NYC and were extracting monopoly rents to consumers, while simultaneously abusing a pliant population of renter/drivers. The profits were going to the medallion holders. Consumers were being f'ed by a corrupt and inefficient system, and drivers were getting the shaft. Only politicians and the investors were pleased. Yeah Uber busted that wide open. Drivers don't like the situation now? Guess what, if you stay off Uber and use a competitor, you will shrink Uber's dominance over time. There are competitors in every city. |
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