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by rd108
4531 days ago
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Uber, Lyft and its ilk are half innovative, efficient tech services and half hypercapitalist scavengers employing workers while avoiding paying those pesky benefits, worker's compensation or damages to a dead six year old's family. |
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Note that since cab drivers can't usually afford hundreds of thousands of dollars for a taxi medallion, they have to lease them--so it's primarily people with a few hundred thousand dollars to spare (taxi companies and their investors) not drivers, that benefit from this hamstrung competition.
A lot of people criticize Uber because "it isn't really innovative, they are just skirting regulations." Well, maybe avoiding the regulations is the innovative part. It's a loophole, and to me (not a lawyer) it seems shocking that it's legally workable. But they've dramatically increased the incomes and freedom of cab drivers, and substantially decreased the price of cabs (I only take UberX, and it's at least 30% less than an equivalent cab here in Orange County, CA). And now that drivers and customers have experienced a medallion-free taxi system, the taxi companies are going to have a hard time regaining control.