@pmarca @vgr Perhaps a close reading of prescient @matthewstoller would clarify: http://www.nakedcapitalism.com/2014/04/matt-stoller-how-uber-creates-an-algorithmic-monopoly.html … & visit http://www.UberPeople.net
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Replying to @chi1cabby
@chi1cabby@pmarca@matthewstoller Just because it was a service previously provided by government does not make it a 'governing service.'1 reply 0 retweets 0 likes -
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Replying to @matthewstoller
@matthewstoller@chi1cabby@pmarca "But what the company is really doing is supplying a governing service, replacing taxi commissions"2 replies 0 retweets 0 likes -
Replying to @vgr
@vgr@chi1cabby@pmarca Correct. Nowhere did I say a service provided by gov is necessarily a governing service.1 reply 0 retweets 0 likes -
Replying to @matthewstoller
@matthewstoller@chi1cabby@pmarca So Uber is a market maker that replaces a regulator. I don't get the point you're trying to make then.1 reply 0 retweets 0 likes -
Replying to @vgr
@vgr@chi1cabby@pmarca Then reread the piece. It's clear. Uber is replacing a publicly organized market with a private autocracy.3 replies 1 retweet 0 likes -
Replying to @matthewstoller
@matthewstoller@vgr@pmarca & rate regulated cabs & limos during low demand, but extract high pricing during high demand. The claim that4 replies 0 retweets 0 likes
@chi1cabby @matthewstoller @pmarca Attempts to apply old labor vs. capitalism logic detracts from seeing/figuring out what's new here...
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