[lbo-talk] Kill The Medallions

Sean Andrews cultstud76 at gmail.com
Wed May 20 18:46:36 PDT 2015


To Michael's point:

http://digitalcommons.iwu.edu/cgi/viewcontent.cgi?article=1313&context=parkplace

On Wed, May 20, 2015 at 8:22 PM Michael Smith <mjs at smithbowen.net> wrote:


> The monopoly is one thing, the medallion system is another. Personally I
> have no problem with the monopoly, or fixed pricing, though I don't feel
> particularly dogmatic about it. But the medallion system creates a new
> kind of property which can be speculated in and on which a rent can be
> collected. Who needs that?
>
>
> On 5/20/15 9:05 PM, Jim Farmelant wrote:
> >
> >
> > It seems that everybody here is on the same page with Milton Friedman
> who back in 1962 in his book, Capitalism and Freedom, among other things,
> attacked the institution of taxi medallions as an an example of unjustified
> government-created monopoly.
> >
> > Jim Farmelant
> > http://independent.academia.edu/JimFarmelant
> > http://www.foxymath.com
> > Learn or Review Basic Math
> >
> >
> > ---------- Original Message ----------
> > From: Shane Mage <shmage at pipeline.com>
> > To: lbo-talk <lbo-talk at lbo-talk.org>
> > Cc: Progressive Economics <pen-l at lists.csuchico.edu>
> > Subject: [lbo-talk] Kill The Medallions
> > Date: Wed, 20 May 2015 14:27:47 -0400
> >
> > 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/
> > ___________________________________
> > http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
> >
> > ____________________________________________________________
> > Forget the iPhone 6
> > 1 little-known Apple supplier holds wealth-changing growth potential.
> > http://thirdpartyoffers.juno.com/TGL3141/555d2faaec0e02fa96ee1st03vuc
> >
> > ___________________________________
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> >
>
> --
>
> A conquering race, in the place of that conquest,
> is rarely amiable; the conquerors pay less
> obviously than the conquered, but perhaps in time
> they pay even more heavily, in the loss of the
> humane qualities.
> ___________________________________
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>



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