How the “Uber Economy” & Runaway Capitalism Are Screwing American Workers

“According to Steven Hill’s Raw Deal: How the “Uber Economy” and Runaway Capitalism Are Screwing American Workers (St. Martin’s Press), the US workforce is undergoing an alarming transformation. Increasing numbers of workers are being turned into contractors, freelancers, temps and “just-in-time” part-timers. Add to that the steamroller of automation and robots obsolescing millions of jobs, and the jobs picture starts looking grim. Now an insidious mash-up of Silicon Valley technology and Wall Street greed has produced the latest economic fraud: the so-called “sharing economy,” with companies like Uber, Airbnb and TaskRabbit providing ever-smaller jobs (“micro-gigs”) and wages, while the companies profit handsomely in the “share the crumbs” economy.”

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About dmf

alienist @ large, mostly on foot
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