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Indybay Feature

Uber/Lyft IPO Creating Millionaires While Exploiting Precarious Workers

by Edward Escobar - founder AIW (Theallianceorg [at] outlook.com)
Uber/Lyft Rush To IPO Before the Labor Laws Catch Up
The ALLIANCE for Independent Workers, in support of the members of #DriversUnite National Movement, say, "Stop The Abuse of Drivers as they are Being Driven into Poverty and Suicide." Drivers are demonstrating today in San Francisco, Chicago, Boston and NYC - As it recently just had it’s 9th Driver suicide by a Lyft driver, as conditions continue to worsen.

As if that weren't enough difficulty for drivers, the working class is being squeezed further in major cities like London, New York City - with more cities being added throughout the world - as municipalities are introducing congestion pricing for driver access to city core areas - this will be cost prohibitive for many, decreasing ability to travel freely - small businesses as well as drivers will experience loss of business.

What's the core problem? Traffic congestion worsened dramatically with the introduction of UBER/LYFT, thus cities should begin their troubleshooting there, instead of creating unwarranted taxes on the working class, in reality the purpose for tax is to generate revenue for other transportation infrastructure development, meanwhile, not truly addressing the congestion issue.

In the process, Uber and Lyft are continuing to contribute to more congestion with no REAL CAP in place - making billions of dollars off the backs of misclassified workers... releasing their IPO’s that are based on an unsustainable business model. Drivers are calling for a cap on numbers of drivers and vehicles - a real cap that will stop the oversaturation of the rideshare market that has lead to major traffic congestion, public safety issues and reduced work for each driver. Drivers are struggling to make ends meet while these corporations UBER/LYFT are only concerned with making profits at the expense of people.

Legislators and transportation regulators must play catch up to place the necessary checks and balances on these corporations, that have displayed no concern or responsibility for their impact on our communities around the world.

Uber/Lyft corporate treats their Drivers as a temporary but necessary evil until they can usher in self driving vehicles then getting rid of drivers as if they were expendable and disposable. Taxpayers eventually will be funding the corporate bottom line profits as drivers will be forced onto the streets. This autonomous vehicle technology is set to rollout very soon and we must address the consequences and greater impact on the future of work NOW before it’s too late.

Corporations like UBER/LYFT have continued to display as their primary focus the making of extreme profits on the backs of exploited misclassified workers -DriversUnite Movement drivers say, "This must stop!" As they protest today at the various Uber and Lyft Drivers Support Centers as well as City Hall.
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