Venture Capital is a plague

Allowing masses of underpaid workers to be exploited in order to provide widespread convenience was always a depraved bargain, built on a rickety ethical and economic foundation.

Source: Instacart Is a Parasite and a Sham | The New Republic

This industry is ripe for some entity to come out with a co-op model where drivers are not only the employees making the delivery, but also owner shareholders in the company. No one will get rich quickly but they’d earn substantially more than poverty wages.

The “uber but for x” economic model is reliant on destroying everything around it so VC can get rich. Hopefully we won’t need 50 years to gig economy doesn’t work, just like trickle-down economics.

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