[lbo-talk] Kill The Medallions

[Shane Mage]

There's been a lot of criticism of Uber and Lyft, many, I'm sure, based on real incidents.  But them's the trees.  The forest--which needs to be burned down completely--is the monopolization of urban vehicular transport services through restricted licensing and the sale of permits for participation in that monopolistic capitalist enterprise.  License drivers, sure--for public safety only--provided that the license is for an individual driveronly,. is free of charge, and is available to everyone who qualifies as a competent and responsible driver (which would surely lead to the formation of drivers' cooperatives easily able to outcompete the Ubers and Lyfts).  

http://www.usatoday.com/story/news/2015/05/17/taxi-medallion-values-decline-uber-rideshare/27314735/