I think this blog post conveniently ignored the part where drivers do not provide their services directly to customers and instead go through a middle man that decides how much they get paid via an arbitrary algorithm.<p>I've noticed a general pattern in mainstream economics where the assumptions and scenarios are always carefully chosen to be equivalent to some communist utopia.<p>If every worker at a company owned equal amounts of shares in the company, they wouldn't give a crap if their salary is lowered to pay out more dividends to shareholders, because they are the shareholders, but the moment the two diverge the analysis doesn't seem to have much relation to the real world, since now the company can stiff the workers.<p>Everyone knows that companies don't exist to provide equilibrium price vectors, they exist to make profit and profit can only exist out of equilibrium.