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I do. The government originally instituted the taxi medallion system to protect riders from predatory taxis, but it ended up granting a monopoly to the predator
by Meekro 8y ago
I do. The government originally instituted the taxi medallion system to protect riders from predatory taxis, but it ended up granting a monopoly to the predatory taxis and locking out potential competition.
The free market has worked out much better. Uber/Lyft have to provide competitive service at a low price. If they stop doing this, they too will be replaced.
- noobermin 8y ago>The free market has worked out much better. It's like everyone who preaches this line knows so little history or wants people to forget[0]. [0] https://en.wikipedia.org/wiki/Jim_(horse) https://en.wikipedia.org/wiki/Jim_(horse)
- tracker1 8y agoA free market doesn't mean free from consequences, or that it won't be dire. Many govts have performed experiments on their own people, and people died from it, without telling anyone. It also doesn't mean free from any regulation (at least to me). Not everyone pushing for free market solutions is an an-cap fool. In most situations, a process that allows for more freedom is the solution. I do not count corporations as people and as far as I'm concerned, they should be required to be far more open about operations than they are currently. I'm also not a fan of IP laws generally speaking and think they should all be scaled back.