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Eh, Uber is driving taxi companies out of business with billions of dollars in VC money. Offering a dramatic discount in a unsustainable way to ruin your compet
by ohyes 9y ago
Eh, Uber is driving taxi companies out of business with billions of dollars in VC money. Offering a dramatic discount in a unsustainable way to ruin your competition is anti-competitive and pretty unethical.
In NYC 88,000 is a livable wage. NYC metro is a very expensive place to live. Calling a livable wage for a weeks work “ill gotten gains” is a bit far fetched. Unions and state controlled monopolies exist for a reason, not the least of which is protecting the broader workforce who don’t have leverage against their wealthy employers otherwise.
- dcow 9y agoI find it hard to blame Uber for doing something that companies have done for hundreds of years in the US. So what if it's 2018 and a venture capital backed tech company is at the center of it this time? Unions don't prevent new competition, otherwise they'd be rather unethical themselves..one (with a capitalist mindset) might argue. This is capitalism and if it's too emotionally painful to watch disruption unfold then as a society we need to find a different mode of operation. Why get distracted by the players when the game is the problem? I've been largely okay with capitalism I guess because I've benefitted from it. But human lives have decreased in value. In a society where making $500, literally, is more valuable than a human life, we'll choose the money every time. That's the game. Of course I have no idea what to do, in the face of this almost existential crisis, but getting mad a Uber for disrupting an industry is wasted effort.