Tuesday, July 14, 2015

A bridge to the 21st century?

Rich Lowry writes at Real Clear Politics about why liberals hate Uber and other businesses of the sharing economy:
As a disrupter of sclerotic practices in the economy and government, the sharing economy is predictably the subject of a furious regulatory and legal counter-assault. Uber has been a target in cities around the country, and abroad.

...Presumably the CEOs of sharing-economy companies in the U.S. don’t have to worry about being hunted down and jailed (at least not until Bernie Sanders is president). But when Hillary pledged to “crack down on bosses who exploit employees by misclassifying them as contractors,” it was clear what she was talking about. She is signaling her intention to declare open season on innovators not to the liking of the regulatory-business complex.

One would think that new services that link up workers and customers in creative ways would be welcomed, not feared. But Democrats are increasingly the party of economic nostalgia. They still want that bridge to the 21st century; they just want to travel the other way.
Read more here.

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