4 ms·
+1 cheap services are cheap because labor is cheap in some way. Without cheap labor the cost has to be put on someone.
by notyourwork 5y ago
+1 cheap services are cheap because labor is cheap in some way. Without cheap labor the cost has to be put on someone.
- ReptileMan 5y agoI am not so much worried about price in the case, but about barriers of entry - incumbents love regulation because it converts them into monopoly/oligopoly since they are able to extract economies of scale when complying (and of course lobby about favorable to them regulations). Regulation of Uber class services means we will be stuck with Uber forever. Whether this is good or bad thing is left to the reader to decide.
- throwanem 5y agoWith cheap labor, the cost also has to be put on someone, and labor is that someone.