[lbo-talk] Jayati Ghosh on the contradictory effects of tech change

brad babscritique at gmail.com
Mon Feb 15 13:31:42 PST 2016


I totally don't get how uber/airbnb gets rid of the middleman. They are the middleman.>>>

Pushing more of the day to day onto the owner/operator creates a smaller middleman who takes more of the profit. Spreading out the drive to drive, as it were, increases ubers ability to displace the cost of doing business onto the provider, who must make ends meet with increased competition that emerges with technological advance.

It is the petty bourgeoisieification of the economy.



More information about the lbo-talk mailing list