Submitted via IRC for AndyTheAbsurd
What would happen if low-wage workers came together to cut out the middleman and build their own platforms? This isn't just a thought experiment. Worker-owned apps are already providing real alternatives to dismal working conditions in the global gig economy.
(Score: 0) by Anonymous Coward on Wednesday November 20 2019, @08:21PM (2 children)
Different AC here.
I do not propose to agree with the previous AC, but to translate, he or she is proposing:
1) Licensing costs for taxi medallions (e.g. I think they cost about $500k in NYC a few years ago before the advent of these so-called ride-sharing apps)
2) Poor people will not be able to afford that initial capital cost
3) Poor people can afford the relatively low cost of Uber/Lyft/whatever startup, so can begin being faux-taxis immediately
Additionally:
4) Having a cap on the number of taxis will result in a diminished supply, thus shortages (e.g. "I want to get a taxi, but I need to wait 60 minutes for one to arrive at my door")
You are postulating, which is in agreement, that:
5) there is no a labor shortage, there is a taxi shortage. The reduced supply results in higher costs, thus higher profits, thus more people wanting to go into the business than can (implicating the high cost of taxi medallions)
(Score: 0) by Anonymous Coward on Wednesday November 20 2019, @08:46PM
Minimum wage and the like causes a job shortage which is reflected in unemployment or misemployment (people working jobs they are not qualified for, or working in the black market, etc). I have no idea why someone would think this causes a labor shortage.
(Score: 2) by dry on Thursday November 21 2019, @06:34AM
Uber requires a fairly new vehicle which most poor people can't afford.