Ridesharing giant Uber has come under heavy fire recently with a string of revelations about its safety record, collection of private data, and relationship with the media. If Uber did actually mislead its customers, it should certainly be held responsible. But Uber’s stature looms so large that its unique controversies also threaten to cast a shadow over the “sharing economy” as a whole.The barrier to entry is the foundation of the rent-seeking society.
The rapid rise of the sharing economy is changing the way people around the world commute, shop, vacation, and borrow. Services like Airbnb, Yelp, and yes, Uber are disrupting long-established industries, from taxis to hotels. In the process, the sharing economy is creating new opportunities for those looking for work, and offers consumers greater convenience, better prices, and higher quality.
You’d think that, despite the actions of a few individuals, policymakers would embrace this pro-consumer movement. Sadly, you’d be wrong.
The response to the sharing economy from many policymakers in the United States and abroad can be best described as “ban first, ask questions later.” Even in Las Vegas—a city where nearly anything goes—consumers are forbidden from taking advantage of the benefits that the sharing economy can bring in the form of Uber and Lyft. And now Portland, Los Angeles, and San Francisco are all suing Uber for refusing to play by their old regulatory playbooks.
Tuesday, December 30, 2014
Why Do ‘Progressives’ Want to Ban Uber and AirBnB?
The Daily Beast reports: