“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 …
@interfluidity I didn't say they were synonyms. My point is that they own the platform that makes cabs more profitable. @dmcdougall
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@sebinsua@dmcdougall what do they own? their platform is not difficult IT, similar to that of several competitors. -
@interfluidity A system which defeated the requirement for mutual line-of-sight between driver and passenger.@dmcdougall - 24 more replies
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@sebinsua@dmcdougall we can agree that they own share, and it is possible that share will yield a competitive moat via network effects. -
@interfluidity@sebinsua efficiency gains grow as they capture more supply and more demand. virtuous circle of efficiency. - 7 more replies
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