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Why Lovers of the State Hate Uber
teapartyeconomist.com / by Gary North / October 3, 2015
The regulation by the state of the streets of London goes back to 1635. It began under King Charles I, who was a full-time tyrant, and whose life ended on the scaffold in 1649.
Charles decided that the streets were too crowded in London, and what the city needed was government control over the number of taxis. This tradition extends to today. In major cities, the government regulates the supply of taxis, and the result has been higher prices and rotten service. Regulation has created an oligopoly of taxi companies, which use state power to extract greater wealth from people who want to hire a taxi cab.
This, of course, is heralded by those people who believe that the state must be invoked to regulate virtually all of our lives. I came across an article recently written by such an individual. It appeared on a site dedicated to international regulation of the economies of the world: www.globalist.com. The site never explains how this can be done without a world government with the power to enforce its regulations. The article was titled: “Rethinking the Uber Vs. Taxi Battle: How Uber could be part of the solution (instead of embroiled in controversy)”. The assumption is that Uber isn’t the solution.
The author is the author of a forthcoming book. The title tells all: Raw Deal: How the “Uber Economy” and Runaway Capitalism Are Screwing American Workers. You get the idea. He hates the free market. He hates Uber because Uber is making a profit at the expense of the politicians and their state-created oligopoly, the taxi industry.
The post Why Lovers of the State Hate Uber appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/03/why-lovers-of-the-state-hate-uber/
