Re:Where our economy is, for the young
by throwaway0a5e on Friday October 02, 2020 @10:27AM
(#24662939)
>Really what you want is for gig / delivery style jobs to be unionized, or for it to not be legal or easy for sole operators to work with a bicycle and a backpack
So basically do what some states have done for plumbers, electricians or other trades with a licensing body and professional cartel?
Bars to entry and a strong incentive to keep the status quo once you're in will certainly jack up prices and pay and businesses who have to follow the law will have to get their gig services from the cartel members but everyone else will just consume less of the services. Considering that these gig economy services are mostly consumer facing I think you'd just see demand fall off a cliff if prices were raised by regulation. The survivors would have high wages but unless some other employment option is available labor force participation will suffer.
I think if it was as easy as cranking the regulation knob to 11 someone would have already done it.
So basically do what some states have done for plumbers, electricians or other trades with a licensing body and professional cartel?
Bars to entry and a strong incentive to keep the status quo once you're in will certainly jack up prices and pay and businesses who have to follow the law will have to get their gig services from the cartel members but everyone else will just consume less of the services. Considering that these gig economy services are mostly consumer facing I think you'd just see demand fall off a cliff if prices were raised by regulation. The survivors would have high wages but unless some other employment option is available labor force participation will suffer.
I think if it was as easy as cranking the regulation knob to 11 someone would have already done it.