Thomas O'Neill: How is a company able to lose money for a decade and it still continue to operate? He says the way that of this vis cash allows them to underprice their product for, like, in the case of uber, now, like over a decade. So then it becomes really difficult for taxi companies, but also co operative alternatives, to kind of operate when uber can offer such a lower price,. he writes. "Their business model should not be based on surveillance capitalism"
Paris Marx is joined by Mathew Lawrence and Thomas Hanna to discuss the problems with platforms, why antitrust alone is not enough to fix them, and how we can encourage the creation of democratic platforms that serve the public good.
Mathew Lawrence is the founder and director of Common Wealth. He’s also the co-author of “Planet on Fire: A Manifesto for the Age of Environmental Breakdown.” Preorder it now from Verso Books and follow him on Twitter as @DantonsHead.
Thomas Hanna is the research director at The Next System Project. He’s the author of “Our Common Wealth: The Return of Public Ownership in the United States.” Follow him on Twitter as @ThomasMHanna.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
Find out more about Harbinger Media Network at harbingermedianetwork.com.
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