So we replaced something that sucked with something that sucks just as bad but it has an app.
What ever happened to creating something great, sustainable and that makes more than enough money but doesn't exploit for maximum profit.
What ever happened to creating something great, sustainable and that makes more than enough money but doesn't exploit for maximum profit.
With Uber it takes maybe 10 minutes max and the fare is 1/4 of the price of a traditional cab. Uber/Lyft have been a godsend compared to what was available before.
I don't know that it sucks just as bad. If a medallion driver wanted to get out of the game he had to find a buyer. And often drivers considered their medallion their retirement naively thinking it could only go up in value. Then the city decides to emit 500 additional medallions and theirs stays on the market for years because if they match the city's price they'll lose money.
It went from super extreme suck to extreme suck.
Genuine question: have you ever lived in NYC?
capitalism, eventually: creating something g̶r̶e̶a̶t̶, s̶u̶s̶t̶a̶i̶n̶a̶b̶l̶e̶ a̶n̶d̶ t̶h̶a̶t̶ m̶a̶k̶e̶s̶ m̶o̶r̶e̶ t̶h̶a̶n̶ e̶n̶o̶u̶g̶h̶ m̶o̶n̶e̶y̶ b̶u̶t̶ d̶o̶e̶s̶n̶'t̶ e̶x̶p̶l̶o̶i̶t̶ for maximum profit.