Today is an Uber/Lyft driver strike. Don't cross the picket line!
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Uber something less than Alles
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If it wasn't for Twitter, I wouldn't know about it, and wouldn't you know--Uber and Lyft seem to be offering some big incentives for customers to use the services today. Most people will probably just see a promotion in an email from them and have no idea about the strike.
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- Mar 2008
- 20914
- The House with the Golden Windows
- Fast falling out of love for football.
- WasPlain Hobnobs
Meanwhile, at Lyft...
https://www.indy100.com/article/twit...-viral-8908506
And formally
and for the record, neither Lyft nor Über are cab rides.
They are parasites trying to put both PHVs and the growlers out of business and out of work.
Fuck 'em.
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- Mar 2008
- 20914
- The House with the Golden Windows
- Fast falling out of love for football.
- WasPlain Hobnobs
Originally posted by Stumpy Pepys View PostMy feeling is that their current model cannot sustain a company the size of Uber; in other words, the whole business model is duff. Drivers can't earn a living wage and Uber can't make a profit.
Mins you, by the time it hits the buffers you can be sure the principals have fucked off with all the money leaving the staff and the people sucked in to it to pick up the pieces or carry the debt.
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That article is very good. Very long, but it pretty comprehensively dismantles the idea of Uber as anything other than a ludicrous enterprise with no right to exist.
The money paragraph:
Uber’s market entry has in fact confirmed all of the major economic justifications for taxi regulation. Unlimited market entry has created ruinous overcapacity, so that no one can make money, and otherwise viable operators get driven out of business. Uber clearly undersupplied safety, insurance, and basic consumer protections relative to even the minimal levels regulators had required. In pursuit of revenue maximization, Uber pricing reduces major external public benefits such as the ability of lower-income citizens to reach jobs poorly served by transit. Taxi regulations provided a rough compromise between legitimate competing interests, administered by officials accountable to voters. Uber is solely focused on the objective of private capital accumulation.
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Originally posted by ursus arctos View PostIt is indeed excellent.
I was previously unaware of the journal and am rather surprised that something aligned with US "conservatism" could publish such a strong piece.
I read it as a threat to investment from the establishment - a bubble which would threaten the already financially secure.
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I am pretty sure most of the wealthy folk have already found a way out, as has been covered at length by plenty of hedging action and exploratory articles on how it is OK.
I think there is little need to look further than a conservative journal being happy to pitch "LOOK AT THESE DUMB KIDS RUINING THINGS"
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