The Free Market Put To The Test!
26 Jun 2015, 7:13 am
Over in France, problems arise when Taxi Drivers clash with Uber Drivers. Uber has over 400,000 drivers in France and then there's all those cabbies, which I am not sure what their numbers are. What we have is an over saturation of drivers in Paris so the cabbies are on strike, blocking major roads, impeding travel to and from busy airports and in some cases, destroying property. Their targets appear to be the Uber Drivers.
With all these drivers, it becomes much more difficult to earn any money because there's simply too many drivers, not enough people needing rides. Enter the French government. They start regulating and regulating some more until there's less drivers so the ones remaining earn enough money to survive. Cabbies and their employers know this can work in their favor so they pressure the government to regulate in ways that will limit the amount of drivers rather than just ensuring safety.
How can it be denied this is a fundamental problem in the free market? If you have too many people doing the same thing, how can they possibly make money at it and it's not always so easy to just switch jobs which many job markets may be experiencing the same situation.
Proponents of the free market demand it be totally free but then there's a situation where there's simply not enough buyers to support all the sellers. Who wins then and what do you do with all the ones who find it impossible?
Jacoby
Veteran
Joined: 10 Dec 2007
Age: 32
Gender: Male
Posts: 14,284
Location: Permanently banned by power tripping mods lol this forum is trash
26 Jun 2015, 9:07 am
No, the free market will not protect you when somebody else comes along offering the same service or better for a cheaper price. That's like the whole point, there would be no progress or innovation if these taxi unions are allowed regulate their competitors out of business. Th taxi unions restrict the market and how many cars on the road to try to artificially raise the prices for their service. You don't own the marketplace, the government cannot control what people want, the music industry fought for years against progress too. The cat is out of the bag as far as the digital revolution goes. If taxis want to compete with Uber or Lyft or whoever then they should either drop the price of their service or increase the quality of it so it's a luxury, taxi drivers aren't known for being the most friendly or best smelling people so you can start with who you hire and what is required of them to ensure better customer satisfaction then work on their response time.
26 Jun 2015, 11:12 am
Cost the limit of price. Once people find they're not making enough money to make it worth their while, they'll drop out, until the price rises enough for people to do the job.
They don't, by the way, have an oversaturation of cabbies. They have significantly less than they need, which is why Uber is so popular.
To quote Ygritte, you know nothing.
26 Jun 2015, 12:10 pm
They don't, by the way, have an oversaturation of cabbies. They have significantly less than they need, which is why Uber is so popular.
So you don't think 400,000 potential drivers is a lot (and that's just Uber?). I know there's plenty of demand for drivers in a city like Paris, especially during peak times, but that seems like a high number if the majority are in Paris.
People don't just drop out of the job market, they linger in hope because there's not always a lot of choice. It's a matter of desperation.
The cabbies appeared to want a shortage so they can make more money.
Replace that nothing with something.
Jacoby
Veteran
Joined: 10 Dec 2007
Age: 32
Gender: Male
Posts: 14,284
Location: Permanently banned by power tripping mods lol this forum is trash
26 Jun 2015, 12:29 pm
They don't, by the way, have an oversaturation of cabbies. They have significantly less than they need, which is why Uber is so popular.
So you don't think 400,000 potential drivers is a lot (and that's just Uber?). I know there's plenty of demand for drivers in a city like Paris, especially during peak times, but that seems like a high number if the majority are in Paris.
People don't just drop out of the job market, they linger in hope because there's not always a lot of choice. It's a matter of desperation.
The cabbies appeared to want a shortage so they can make more money.
Replace that nothing with something.
nothing is stopping them or anyone else for working for Uber or some other ride share app, instead of whining to the government to give them a handout maybe these taxi businesses should actually satisfy customer demands. Uber is beating you because its better, period.
26 Jun 2015, 12:41 pm
They don't, by the way, have an oversaturation of cabbies. They have significantly less than they need, which is why Uber is so popular.
So you don't think 400,000 potential drivers is a lot (and that's just Uber?). I know there's plenty of demand for drivers in a city like Paris, especially during peak times, but that seems like a high number if the majority are in Paris.
People don't just drop out of the job market, they linger in hope because there's not always a lot of choice. It's a matter of desperation.
The cabbies appeared to want a shortage so they can make more money.
Replace that nothing with something.
nothing is stopping them or anyone else for working for Uber or some other ride share app, instead of whining to the government to give them a handout maybe these taxi businesses should actually satisfy customer demands. Uber is beating you because its better, period.
Thing is, people driving through the Uber app might not be making that much, either, just hoping for nibbles. Uber has most likely plummeted that industry into chaos.
26 Jun 2015, 3:13 pm
According to news stories there are too few drivers. This favors cab drivers because they have a rare commodity. Uber made that commodity less rare but did not at all flood the market with more drivers than people want or will hire.
http://www.economics21.org/commentary/uber-france-protest-riot-paris-regulation-06-25-2015
It's completely fair competition and the taxi drivers responded with violent protests. I will concede that "Operation Escargot" is a witty (if infuriating) name for their strong arm tactic.
Jacoby
Veteran
Joined: 10 Dec 2007
Age: 32
Gender: Male
Posts: 14,284
Location: Permanently banned by power tripping mods lol this forum is trash
27 Jun 2015, 9:52 am
They don't, by the way, have an oversaturation of cabbies. They have significantly less than they need, which is why Uber is so popular.
So you don't think 400,000 potential drivers is a lot (and that's just Uber?). I know there's plenty of demand for drivers in a city like Paris, especially during peak times, but that seems like a high number if the majority are in Paris.
People don't just drop out of the job market, they linger in hope because there's not always a lot of choice. It's a matter of desperation.
The cabbies appeared to want a shortage so they can make more money.
Replace that nothing with something.
nothing is stopping them or anyone else for working for Uber or some other ride share app, instead of whining to the government to give them a handout maybe these taxi businesses should actually satisfy customer demands. Uber is beating you because its better, period.
Thing is, people driving through the Uber app might not be making that much, either, just hoping for nibbles. Uber has most likely plummeted that industry into chaos.
It seems like Uber drivers actually can potentially make more than normal taxi drivers, they take home more per fare but it also allows part time workers to make money as well. You basically can set your own schedule.
This seems more like a union issue, their existence is threatened
27 Jun 2015, 9:54 am
According to news stories there are too few drivers. This favors cab drivers because they have a rare commodity. Uber made that commodity less rare but did not at all flood the market with more drivers than people want or will hire.
http://www.economics21.org/commentary/uber-france-protest-riot-paris-regulation-06-25-2015
It's completely fair competition and the taxi drivers responded with violent protests. I will concede that "Operation Escargot" is a witty (if infuriating) name for their strong arm tactic.
Anything can be slanted in Uber's favor. In reality, Uber floods the market with drivers, there's more supply, the demand goes down, the cabbies make less money. In Economics, anytime you have more supply, the price goes down, Janissy. If you disagree with that, you are disagreeing with Economic Theory.
| Similar Topics | |
|---|---|
| Free Will or Otherwise |
21 Feb 2024, 10:14 am |
| Gluten Free recipe ideas Needed |
10 Apr 2024, 10:03 am |
| im doing a test campaign as a dm any tips |
41 minutes ago |
