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They're putting people out of work by shuttering taxi businesses which traditionally pay a liveable wage and replacing it with something that pays drivers a pit
by knfrlkewnf 11y ago
They're putting people out of work by shuttering taxi businesses which traditionally pay a liveable wage and replacing it with something that pays drivers a pittance while directing all the profits to a small handful of people. If they're destroying jobs at neighboring competitors, then yes, some people will be forced to work for them.
You're probably going to post something about the lump of labor, but consider this: demand for jobs is inelastic. When have you ever seen a company prevented from doing business because their wages were too low? As long as there is a job opening, there will be people competing with each other to fill it since we have significantly more people than we do jobs, thanks to our capital-intensive economy.