“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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Replying to @interfluidity
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@interfluidity technology is Uber's primary form of capital -- and arguably the defining one of the 21st C.1 reply 0 retweets 0 likes -
Replying to @dmcdougall
@dmcdougall “technology” is a vague term. cars are technology too. what is Uber’s rival rsrc whose contribution to production must be paid?1 reply 0 retweets 1 like -
Replying to @interfluidity
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@interfluidity perhaps better said: Uber is an information company; both supply- & demand-side pay to be better matched with the other.2 replies 0 retweets 0 likes -
Replying to @dmcdougall
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@interfluidity the first competitor to win both sides of the market will be dominant for a long, long time.2 replies 0 retweets 0 likes -
Replying to @dmcdougall
@interfluidity The workers don't own the capital at all. Their competitive advantage was a mobile-phone operated cab office.@dmcdougall2 replies 0 retweets 1 like
πous〜es Retweeted πous〜es
@interfluidity See: https://twitter.com/sebinsua/status/542741941184913408 … It's an efficient solution to a real world locality of reference problem. @dmcdougall
πous〜es added,
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Replying to @nouswaves
@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.0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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