Re:What's the Least Impactful Way to Spend $300,000,000?
by carschno on Friday April 14, 2023 @11:04AM
(#35570347)
You are certainly right that Uber alone is not a proof; the underlying causes are complex and include the factors you mention.
Anyway, the promise of a market economy is that it selects the "best" by competition. The fact that companies like Uber survive for decades while making losses and destroying potential competitors shows that this promise of the market economy does not stand in reality.
Anyway, the promise of a market economy is that it selects the "best" by competition. The fact that companies like Uber survive for decades while making losses and destroying potential competitors shows that this promise of the market economy does not stand in reality.