I agree with you about the dysfunction of the medallion system, but it reveals a bigger problem with the article. The medallion is meant to artificially constr

I agree with you about the dysfunction of the medallion system, but it reveals a bigger problem with the article. The medallion is meant to artificially constrain supply. NYCTLC tried and failed to block Uber in order to protect their value, i.e., enforce a closed shop, and this was what the cabbie was upset about - losing his exclusionary license to do business. His complaint could hardly be more ANTI "gig-economy" against Uber's drivers flooding the market, which is what tanked his asset's value.