3 ms·
The widespread poverty and tenuousness in California, the vast majority of wealth flowing upward from gig platforms into the hands of execs and investors, that’
by claudeganon 7y ago
The widespread poverty and tenuousness in California, the vast majority of wealth flowing upward from gig platforms into the hands of execs and investors, that’s your definition of the market working?
AB5 seems aimed at addressing the vulturism that emerged in the wake of the Great Recession, where the economic collapse was used as an excuse to undo all kinds of more stable arrangements and protections, privatize costs onto workers, and grab an even greater share of wealth for the rich.
- merpnderp 7y agoThis doesn’t make sense. What would happen to these people if there were no startups and no gig economy? This feels like the same argument that wants Chinese factory workers to have to go back to starving in the fields rather than worker long hours in factories because it isn’t optimal.
- AaronM 7y agoWould entrepreneurs suddenly stop starting companies if they could only get rich instead of filthy rich? I doubt it.