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by southerntofu
75 days ago
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Uber is a very bad argument. In many parts of the world, the only reason they're profitable is because they're breaking the law. There has been much debate about it here in France and quite a few scandals, including how Macron when he was ministry of economy (before he became president) counseled and favored Uber to break labor law [1]. The government and courts are currently arguing whether Uber is legally the employer of the drivers [2], but that's not very debatable to be honest given the very clear subordination of drivers to Uber (one of the many criteria for a contractor to be legally reclassified as an employee). They have taken all the power and benefits, and discarded all of the responsibilities and risks associated with employment. That's a strategy that only pays off through political corruption, and not a clear example that their profits are somehow unavoidable and that investing in Uber 10 years ago was wise. Otherwise, investing in the mafia's drug trades might also be a lucrative opportunity. Which does not make it moral, nor a safe bet. [1] https://www.bbc.com/news/business-62057321 [2] https://www.lemonde.fr/en/france/article/2026/02/02/france-d... |
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