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Rent-seeking Capital is building the Vast Digital Underclass not "The Tech Industry". What new tech did Uber/Uber-Eats, Doordash, Task-Rabbit create? They used
by tj-teej 7y ago
Rent-seeking Capital is building the Vast Digital Underclass not "The Tech Industry".
What new tech did Uber/Uber-Eats, Doordash, Task-Rabbit create? They used Venture Capital to centralize industries which previously had distributed ownership/profits amongst small businesses, leveraging cheap capital to undercut their competition.
Then when you consider Walmart replacing small shops, or McDonalds replacing burger joints, you realize the problem is unregulated Capitalism, not "The Tech Industry".