Reply to post: Market Inefficiencies

Woman sues Lyft, says driver gang-raped her at gunpoint – and calls for app safety measures we can't believe aren't already in place

Doctor Huh?

Market Inefficiencies

It is best to remember that when a Unicorn service claims that its "innovative" approach to market disruption is to drive out market inefficiencies, safety and security for customers, workers, and just about anyone except the owners are among those "inefficiencies." There isn't anything particularly innovative about that approach. The "muckrakers" in the US documented the approach and its effects over a century ago. Applications of that approach well over a century and a half ago prompted Karl Marx to start musing about economics.

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