“Given that…workers…own all the capital in the form of their cars, why aren’t they collecting all the profits?” http://www.thenation.com/article/192545/socialize-uber …
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@sebinsua@dmcdougall capital and competitive advantage are not synonyms. no one denies that smartphones are a better way to coordinate cabs -
@interfluidity I didn't say they were synonyms. My point is that they own the platform that makes cabs more profitable.@dmcdougall - 26 more replies
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@interfluidity See: https://twitter.com/sebinsua/status/542741941184913408 … It's an efficient solution to a real world locality of reference problem.@dmcdougall -
@sebinsua@dmcdougall but access to smartphone/GPS/etc tech is not a rival resource, not a form of capital the use of which must be paid.
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