"Airbnb is just like Uber. It's Desperation Capitalism" [View all]

[Liberal_in_LA]

Comment following article in la times. Sums up my suspicions about the growth in these types of companies
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I can understand folks wanting to rent rooms in their homes for extra money but the thing is, Airbnb is just like Uber. It's Desperation Capitalism.

Things like this one would hope would make people think. Think about why people need to rent out rooms in their homes to strangers or haul strangers around in their car. Think about what has brought us to this point.

It's not innovation, it's simply desperation and to say otherwise is to ignore the economics of America today.

The banks, aided and abetted by politicians of both parties wrecked the middle class. It's the same reason demand is still weak in the economy. The wealthy have too large a share of the pie anymore and that's the problem. It's not the wealthy's fault that it's the way it is, it's the fault of politicians who let the banks loose to loot and at the same time cut taxes for the wealthy at the expense of everyone else.

The Airbnb thing is not the solution, it like Uber is a symptom of a much greater problem...
http://www.latimes.com/local/california/la-fi-santa-monica-airbnb-20150512-htmlstory.html#panel=comments