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Why Uber must be stopped

Why Uber must be stopped | ALBERTO CORRERA - QUADRI E DIRIGENTI TURISMO IN ITALIA | Scoop.it
The touted start-up is proving to be the embodiment of unrestrained hyper-capitalism. What happens when it wins?

Via BeerBergman
BeerBergman's curator insight, September 2, 2014 9:20 AM

Now that a federal judge in Germany prohibited Uber to exercice in their country, the #digiwar as it is called by some, is back on stage. What do we think about its operating ways and how do we relate to labor and rights, is an important question to be addressed. Ecxerpt.

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"So here’s what’s going to happen. Society is going to realize that power as great as Uber’s needs to be checked. Uber, by virtue of its own success, will demonstrate where the lines need to be drawn for the general good. When Uber is the only game in town, the necessity for comprehensive requirements for commercial insurance and background checks will be obvious. When Uber starts using its logistics clout and unlimited investment capital to go after UPS and Hertz and FedEx, regulators will start wondering about antitrust issues.

It’s probably too soon to cry out “Break up Uber.” The company hasn’t won yet. But the smart money is on Uber (by definition, if you consider Google and Goldman Sachs, two prominent Uber investors, to be “smart”). When we allow capitalism to play out without rules, and learn anew how labor gets exploited under that scenario, we may recall why we had rules in the first place.

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