๐๐ข๐ฅ๐ง๐จ๐ก๐ ๐ช๐๐ก๐ฆ ๐ ๐ข๐ฆ๐ง ๐ฅ๐๐๐๐๐จ๐๐ข๐จ๐ฆ ๐ฆ๐ง๐ข๐ฅ๐ฌ ๐ข๐ ๐ง๐๐ ๐ช๐๐๐!
The piece below by Fortune shows just how beholded the magazine is to big corporate. There was scarecely any counterargument or opposing views presented at all. They talked to a single restaurant owner and presented it as a universal view. It couldn't be more clear that they have an agenda. This is before we even get into the substance of the arguments themselves.
NO ONE IS ENTITLED TO LABOR AT SUB-LIVING WAGES. If they want slaves they can move to one of many vacation hot spots that still offer 15th-century labor services. No business that depends on labor exploitation has any inherent right to operate. These companies did not absorb a 5 dollar per order increase in cost. They did that to win the PR battle. As for order counts, who knows what they really are. Market forces don't work when a single party controls both supply and demand and hides all the numbers relating to both. These companies take on average a 30% commission off the top of the food plus already sky high fees for delivery then send these orders to drivers offering just over cost or quite frequently less than cost, and they still felt the need to add another 5 dollar fee? Folks, it's all bullshit and it's not good for you. Drivers should not be expected to subsidize poorly run companies drunk on greed, excess, and waste.
Before Fortune cries me a river about DoorDash, they might need to cover the fact that TwoBuck Tony Xu, of DoorDash has been named Silicon Valley's most highly paid CEO. Maybe if the margins are so slim, Tony can deal with a little less than 300 million. Anyone outside of Silicon Valley grifting for himself and his friends to the tune of hundreds of millions while never having made a single cent in profit would be in prison. But I'm sure the problem is paying the drivers a living wage...
This should be a lesson to all of us in the advocacy space. Any future ordinances must include a cap on so-called regulatory recovery fees of 100% of total real costs. The gig companies must be required to file a quarterly report showing fees imposed and real cost based justification that is subject to 3rd party audit. The days of allowing greedy pigs to throw childish tantrums and conduct retaliatory pricing schemes in order to control the public narrative must be brought to a halt.
Look, I'm as skeptical of the wisdom of regulatory intervention as the next guy, but when dealing with giant corporations being run by misbehaving children, they've flat left us no other choice.
fortune.com/2024/02/25/gig-wโฆ