Uber CEO: History Repeats Itself when we Resist Innovation

Comments

Hugh Akston's picture

Uber is to the Taxi industry what Google is to the internet or Amazon to book stores. It has nothing to do with the free market. It is the monopolisation of industry by the centralised fiat money printers. It gives rise to "businesses" that burn cash for years on end in order to capture a market. It is big money being allowed to challenge regulation, when individuals doing the same would be crushed by the state for doing exactly the same.

Hugh Akston's picture

Uber is to the Taxi industry what Google is to the internet or Amazon to book stores. It has nothing to do with the free market. It is the monopolisation of industry by the centralised fiat money printers. It gives rise to "businesses" that burn cash for years on end in order to capture a market. It is big money being allowed to challenge regulation, when individuals doing the same would be crushed by the state for doing exactly the same.

KenK's picture

We've had jitney rides in metro Detroit for many years. The cops crack down every so often but they always come back. And as with selling loosie cigarettes, ticket scalpers, hair braiders, and other such "offences" the public JDGAF about jitneys. Did you have a bad experience with one?