| ▲ | zozbot234 9 hours ago | |||||||
There's no resource destruction involved in displacing taxi drivers. Taxi medallions are a rent-seeking scheme, there's no real scarcity involved. Most other instances of "creative destruction" are like that, the capital simply gets repurposed at negligible social cost and only excess profits disappear. | ||||||||
| ▲ | wasabi991011 5 hours ago | parent [-] | |||||||
Please look up Uber's business practices: https://en.wikipedia.org/wiki/Controversies_surrounding_Uber | ||||||||
| ||||||||