Jacobin Textline: 830-JACOBIN  //  Text anytime and we'll respond during a show!

Capitalism is just another Ism

The problem with subscribing to an ideology is that everything gets filtered through the lens of the ideology regardless of facts, merit, or results.

Here's an article that describes how great capitalism is because billions of dollars were poured into a profitless company because of "faith" in capitalism.

However, UBER – like almost any other tech startup – is more about hurling cash at a turd and then getting out with a bigger bag of money before the stench reaches everyone else.

3.9 million drivers and the company has yet to reach the 'scale' required for profitability.