- December 23, 2015

The Ridesharing Battle Is About Democracy Vs. Corporate Power


Whatever you think of the regulations currently in development at City Hall to govern the operations of transportation network companies – a generally part-time, second-job taxi service cleverly rebranded as “ridesharing” – you’ve got to hand it to these multi-billion-dollar dot-com giants for having portrayed the process as a moral struggle between heroic entrepreneurs against the tyrannical powers of the city of Austin and its feckless band of overseers, the City Council. For the record, ride-for-hire giant Uber is currently valued at $62.5 billion, while its most notable competitor, Lyft, is in the midst of a frenzied capital campaign…