On May 8 drivers for Uber and Lyft went on strike across the world. Workers turned off their apps in anticipation of Uber’s initial public offering (IPO) on May 10, which was valued at $75.46 billion. However, workers believe they haven’t benefited from these profits. Reports have cited rising allegations of poverty pay as motivating the strike.
While much of this is true, what’s missing is the fact that drivers of color and immigrant drivers acutely feel the harmful impact of these ridesharing companies’ labor.
Uber and Lyft are mascots for capitalists who love deregulated markets and pride themselves on their capacity for “disruption.” To an extent, that isn’t all hype. They certainly can pull off tearing asunder industry standards. Driving used to be a job people could retire from, use to mortgage their homes, and pay for their kids education. These days, drivers typically make below minimum…
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