Uber something less than Alles
The thing about this Rise Of The New Middle-Men that never seems to be addressed is that it's basically imperialism. It doesn't really matter that Uber, say, doesn't pay any tax, because taxi drivers don't pay any either, so no great loss to the Exchequer. But the difference is, surely, that the profits will be distributed to US shareholders instead of business people of varying sizes across various localities in the UK, so it's classic wealth extraction. Sure, the colonial administrative bods in the UK will make a few bob, but it will shrink economic ac.
The thing about this Rise Of The New Middle-Men that never seems to be addressed is that it's basically imperialism. It doesn't really matter that Uber, say, doesn't pay any tax, because taxi drivers don't pay any either, so no great loss to the Exchequer. But the difference is, surely, that the profits will be distributed to US shareholders instead of business people of varying sizes across various localities in the UK, so it's classic wealth extraction. Sure, the colonial administrative bods in the UK will make a few bob, but it will shrink economic ac.
Comment