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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      ⓘ Dogs don't have thumbs Retweeted Prometheus 2.1

      I like @wraithburn but I disagree with every sentence in this tweet. Cab drivers often owned their own cars in the old model as well as the new, and cabs are actually cheap. Amazon rarely uses USPS, and when it does, USPS clears a profit. Neither spreads costs to others.https://twitter.com/wraithburn/status/1296835383456681986 …

      ⓘ Dogs don't have thumbs added,

      Prometheus 2.1 @wraithburn
      Uber and Lyft successfully abstracted the capital costs of a taxi company to the employees. Amazon abstracted the costs of delivery to the taxpayer through the post office. It seems success involves keeping the profits while spreading the costs to others. Socialism in action.
      5 replies 14 retweets 37 likes
      Show this thread
    2. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      2/ And none of these is socialism. Individual drivers owning their cars is the EXACT OPPOSITE of socialism - it's many small capital owners, rather than one large capital owner. "OMG, the American housing plan requires people to own their own houses - SOCIALISM!" wat?

      2 replies 2 retweets 20 likes
      Show this thread
    3. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      3/ Oh no this terrible body shop requires workers to provide their own tools! You're saying that free individuals investing in their own success and owning the means of production, which they can TAKE WITH THEM WHEN THEY LEAVE is worse than big firms owning the capital?!?

      1 reply 6 retweets 18 likes
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    4. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      4/ Mechanics owning their tools, Uber drivers owning their cars, etc is the American ideal - this is the Jeffersonian Yeoman farmer. The thing that people dislike is that market competition makes clear exactly what value people deliver, which shatters pretty delusions.

      2 replies 5 retweets 27 likes
      Show this thread
    5. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      ⓘ Dogs don't have thumbs Retweeted Zombie Claude Rains

      5/ The Uber business model is viable, as demonstrated by the fact that it's working.https://twitter.com/ZombieClaudeR/status/1296837562359660551 …

      ⓘ Dogs don't have thumbs added,

      Zombie Claude Rains @ZombieClaudeR
      Replying to @MorlockP @wraithburn
      The Uber business model is probably not viable (and isn't intended to be) but government has no business guaranteeing it. It's treating adults as children who cannot be trusted to make their own decisions.
      5 replies 1 retweet 7 likes
      Show this thread
    6. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      6/ Also capital is trivially available to big firms. It's the easiest thing in the world to solve for! Market fit, hiring, profitability, growing as fast or faster than competitors - these are all hard. Borrowing $100M SECURED BY HARD CAPITAL? They can do that w a phone call

      1 reply 1 retweet 5 likes
      Show this thread
    7. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020

      7/ Uber is not achieving success by forcing the poor working man to leverage himself to buy a car, thus relieving Uber from the impossible capital constraints of car ownership. The working guy ALREADY owns the car, in most cases, and is monetizing an underutilized capital asset

      3 replies 2 retweets 17 likes
      Show this thread
    8. Jeremy Bornstein セイコムサ‏ @jeremybornstein 21 Aug 2020
      Replying to @MorlockP @wraithburn

      It might just be the places I've used it, but IME Uber drivers' cars are mostly immaculate, recent models. Conversations with drivers have led me to believe that Uber is running or facilitating some sort of lending scam related to this as well.

      1 reply 0 retweets 0 likes
      ⓘ Dogs don't have thumbs‏ @MorlockP 21 Aug 2020
      Replying to @jeremybornstein @wraithburn

      you're making two distinct points, I think: 1) Uber facilitates or offers loans 2) this is a "scam" yes? explain #2 plz ?

      9:08 AM - 21 Aug 2020
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Jeremy Bornstein セイコムサ‏ @jeremybornstein 21 Aug 2020
          Replying to @MorlockP @wraithburn

          Sure. Sample of drivers interviewed had self-described low savings and unpredictable employment (i.e. just Uber). They said that their car loan was somehow connected to Uber; not Uber itself but some other entity (likely an effective subsidiary IMO). 1/

          1 reply 0 retweets 1 like
        3. Jeremy Bornstein セイコムサ‏ @jeremybornstein 21 Aug 2020
          Replying to @jeremybornstein @MorlockP @wraithburn

          Drivers did not seem to represent traditional low-risk loan recipients. My conclusion is that Uber expects a high proportion of these loans to go to collections, at which point they get a writeoff. 2/2

          1 reply 0 retweets 1 like
        4. Show replies

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