2 ms·
I think a lot of self proclaimed "libertarians" have no idea what the term means. Mr. Money Moustache recently had a quote about Uber that made me laugh, regard
by quasse 9y ago
I think a lot of self proclaimed "libertarians" have no idea what the term means. Mr. Money Moustache recently had a quote about Uber that made me laugh, regarding the unfair information and pay disparity the drivers exist under: "This was a disappointment to the Economic Libertarian in me, because it seems obvious that an open market between buyer and seller is the key to more efficiency."
Why would that be a disappointment? Uber is the entity with economic power in the relationship, and they are therefore acting in a way that maximizes their own self interest to the detriment of others. He should be rejoicing about that triumph of the free market.
It's funny how individuals who are used to being the ones on top (he's a former engineer) love the free for all Randian idea of unregulated capitalism up until they get the tiniest taste of being on the losing side (he tried driving for Uber and was being paid so little that he was losing money on some fares with no recourse but to stop driving entirely).