Uber-corruption? New taxi service threatens good-paying US jobs while enriching a few insiders
Uber, with Goldman Sachs and other Wall Street insiders as investors, including the Chicago Mayor’s brother, Ari Emanuel, is putting at risk thousands of jobs nationwide while the taxi industry undergoes a game-changing transformation.
Phi Beta Iota: The article contains some deep insights into New York City corruption as well, and concludes that both Chicago and New York have been unwise in failing to provide for both proper licensing of uber drivers, and alternative employment/re-training of taxi drivers being made destitue by uber.
