The Uber-truth about the slavery economy

terrychay.com

9 pointssmacktoward3 comments

For an alternative opinion: http://www.pcmag.com/article2/0,2817,2458816,00.asp

With Uber drivers making more than double what cabbies make, it seems that Uber is actually freeing the cabbies from the "slavery" of medallions.

A very good point. I was speaking to a cabbie in Vancouver, where a cab medallion is right about half a million dollars (Canadian). Cab drivers effectively have the choice of being indentured labor to the cab companies who buy medallions, or accepting massive debt and becoming indentured laborers for the bank.

Uber seems like a much better option.

Well as far as exaggerations go, equating $15/hr freelance with "slavery" is much more disturbing than any exaggeratioms Über is making.

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