4 ms·
Why do you think they’ll manage to socialize the losses? So far the losses have been very privatized (VC and bank money) and if anything the gains have been so
by cactus2093 7y ago
Why do you think they’ll manage to socialize the losses?
So far the losses have been very privatized (VC and bank money) and if anything the gains have been socialized (the general public has benefited a lot in the form of taxi-like transportation, airport rides, etc. getting phenomenally better in most cities where Uber exists).
- my_username_is_ 7y agoThere have also been public losses. Transit ridership tends to decrease with increased ridesharing. This means more cars on the roads, less money for public transit, and more pollution.
- linuxftw 7y agoIf there was no public transit, there would be private transit. This of course means privatizing roads and not using eminent domain to build transit. Then, transit will cost exactly what it should cost, and we can lower taxes as well.