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> created thousands of small entrepreneurs Or, in other terms, removed stable jobs from the economy and replaced them with risky ones that require workers to p
by vertex-four 10y ago
> created thousands of small entrepreneurs
Or, in other terms, removed stable jobs from the economy and replaced them with risky ones that require workers to provide their own capital with no promise of reward.
Entrepreneurship in the sense of forcing low-wage workers to provide their own capital and take on a disproportionate share of the risk, while the company itself makes money with relatively little risk, is not a good thing.
- cynicalkane 10y agoIf you think taxi jobs are stable and well-paying and don't cost any capital... I've got some bad news for you.