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Black drivers used to make pretty good money many years ago, but Uber + market externalities redesigned their systems to "fix" that (mostly through decreasing p
by nunez 4mo ago
Black drivers used to make pretty good money many years ago, but Uber + market externalities redesigned their systems to "fix" that (mostly through decreasing payouts and high car rental costs)
Most of the drivers providing that service split their time between Uber, Lyft and traditional corporate black car service.
Lots of posts on this topic in the UberDrivers subreddit.
- inigyou 4mo agoYou see that whenever there is value, above starvation wages, flowing to laborers, capitalists see that as a problem and reduce it. Does this seem sustainable?
- irishcoffee 4mo agoIt’s really interesting how you’ve couched the concept of price discovery.
- inigyou 4mo agoSomehow only laborers get price discovered. Amazon hasn't got price discovered, not has Google, in decades. Weird. It's almost like Econ 101 isn't the whole story.
- irishcoffee 4mo agoYou mean, maybe selling shitty cheap chinese plastic to the lowest bidder has fucked with price discovery? I agree!