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Actually what happens is we get lower Uber/Lyft rates for consumers... consumers that may depend on it in low infrastructure areas such as other low income work
by chrischen 6y ago
Actually what happens is we get lower Uber/Lyft rates for consumers... consumers that may depend on it in low infrastructure areas such as other low income workers.
In a competitive market there is no such thing as “free profit” for companies. Most savings that apply to all market competition across the board transfer to lower prices in the general market.
Uber would only net the profit if for some reason it was the only company that didn’t have to offer those things out of pocket.
- throwawaygh 6y agoAnd, if those other people did it, then I would be saying this about them. “That’s how the world works” is the oldest justification for injustice. If capitalism really is just a spreadsheet feudalism that deprives even the yacht owners of human moral autonomy, then maybe it’s time to burn down the system. NB: I don’t buy it, and I think markets can function alongside patriotic responsibility.
- chrischen 6y agoI'm not saying the way thing works is bad... it is how it works and it's the way it should be because it's good.