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Lots of arguments lacking any sort of nuance in this one, but since I am short on one I will respond to just once: > If Uber can charge low prices because lots

Lots of arguments lacking any sort of nuance in this one, but since I am short on one I will respond to just once: > If Uber can charge low prices because lots of people are willing to work for it, and consumers choose Uber because of its low prices...where is the problem? If Uber subsidizes rides and goes broke, they deserve that fate as well. Except once Uber starves and destroys the taxi service in a city, and one day declare bankruptcy and close down their servers, that city is going to be left in a pinch with a void that can't immediately be filled, leaving society to foot the bill for their greedy destruction. It seems like this argument and some others constantly suffer from the libertarian wet dream where any business, no matter how complex, can be spun up in an instance _if only there was no government to interfere_. That has never been true, and every business has externalities towards society that may need to be managed and prodded back in line from time to time with very necessary regulations.

qeternity 4y ago
Ad hominem attack aside, I agree with much of what you say. But your argument hinges on a hypothetical that hasn't happened. Forget about the libertarian wet dream, your bias is clear. What is the negative externality that you believe society is imminently facing and must be regulated? Do you believe Uber is on the verge of shutting down?
- callalex 4y ago
  What ad hominem attack?
- Firmwarrior 4y ago
  Uber is profiting off obfuscating the actual income its drivers make from those drivers. It's easy for us to fire up a spreadsheet app and see what a bad deal driving for Uber is, but a lot of people can't or don't do that, and they get screwed in the process. They don't even realize it until they look back and calculate why they're doing so badly financially
warble 4y ago
In theory, but the market is always more complex than this. A market is not a single company ever, except for Government.

qeternity 4y ago

Ad hominem attack aside, I agree with much of what you say. But your argument hinges on a hypothetical that hasn't happened. Forget about the libertarian wet dream, your bias is clear. What is the negative externality that you believe society is imminently facing and must be regulated? Do you believe Uber is on the verge of shutting down?

callalex 4y ago
What ad hominem attack?
Firmwarrior 4y ago
Uber is profiting off obfuscating the actual income its drivers make from those drivers. It's easy for us to fire up a spreadsheet app and see what a bad deal driving for Uber is, but a lot of people can't or don't do that, and they get screwed in the process. They don't even realize it until they look back and calculate why they're doing so badly financially

warble 4y ago

In theory, but the market is always more complex than this. A market is not a single company ever, except for Government.