Summary : ' The Dark Side Of Uber ' On The Australian Economy

“Discuss the extent to which a country moving from a centrally planned economy to a more market driven economy is in the interest of both consumers and producers”.

What are the main ideas and/or issues of the article as it relates to the chosen topic?

The sharing economy has its perks however also its inconveniences. Mary Dejevsky is the writer of “Uber and the “sharing economy” are leaps into the past, not the future”, and in the text she speaks on the downside of the sharing economy. “There are questions, too, about quality of life and fairness. What recourse do you have if you are a tenant or home-owner disturbed by anti-social short-stayers? If you are a neighbor woken by driveway customers slamming their doors at 6am? If pollution is increased by the many more cars plying for hire? If wages are further depressed by casualization?”, Dejevsky lists various of problems that people face or could face now that sharing economy is becoming a global thing. All the things she mentions are pretty

Uber impacts the taxi industry business by being a popular name around the world. Most Australians did not even know that uber existed until it got introduced in 2012. Since Australia is the most multicultural country in the world a lot of people know what uber is so, as soon as it got introduced they stop using taxis and start using uber.

Economics is a multifaceted discipline, reaching into almost all parts of human life and society. As a result, economic policy on the national, supranational, and global level has an immense impact on human lives and on the inner workings of society. As such, determining the “right” type of economic policy to implement is a very controversial subject. Throughout the span of history, many schools of economic thought with specific theories and ideas about how the economy operates have competed, risen, dominated, and fallen. The ideology of the dominant economic school of thought at any point in history is strongly reflected by the types of economic policy that government leaders and legislators have implemented, and the effectiveness of those policies in addressing key economic issues has played a paramount role in not only determining the direction of future economic policy but also determining whether the currently dominant school of economic thought continues to dominate or if it proceeds to fade into history.

In this essay, I am going to investigate, provide evidence and analyse this exact issue using my own economic awareness and the data I found while researching this matter.

Uber is a technology platform company founded in 2009, and it provides a network of transportation service on demand. It connects its driver-partners with passengers who need and request a ride via its smartphone app. Uber is providing its service in more than 80 countries and 540 cities worldwide. Transportation services, such as taxi and limousine, have been greatly affected since Uber entered the market. As Uber’s role is being a market creator between the drivers and passengers, the company receives revenue for every trip a driver provides with the driver keeping the rest. This part incentivizes drivers to become Uber’s driver-partners since they can earn extra income. Customers switch from taxi services to Uber because

The online marketing today has become an integral part of people’s lives. There people can buy digital products or services from a seller through companies such as Uber, Lyft, Amazon, E-bay, or Airbnb, This development in the online environment calls for new laws to regulate them. The laws reflect the needs, represent solutions to problems that people have noticed in their daily activities, and influence the society. They created within a society will work to develop it, to bring order in it, and to protect its citizens. Along with Uber and Lyft , Airbnb activities were the target of complaints by Chicago residents. In the article “Chicago May Regulate Airbnb,” by John Byrne, the author presents a huge debate about Airbnb regulation. John Byrne

What 's more, first of all, the usage of smartphone was rising in 2009. Second, the

Provide a one to two paragraph critique of the article. Describe whether you agree or disagree with the author’s arguments and explain why.

Summarize what you think is the most important information in the article. You should include details and examples from the article. Also, identify any inferences or conclusions that this article makes.

The United States has serious labor market challenges as a result of rising wage inequality between people and the slow middle class wage growth. The need to provide individuals with variety of goods, service and information raise specific economic phenomena called “sharing economy”. This model of economy includes different types of industry categories: sharing information (YouTube), property (Airbnb), transportation (Uber) and more. The sharing economy works in the same way as a traditional market, where individuals exchange different goods and service. The central concept of sharing economy (collaborative consumption) is the access to the goods. The application of regulation is the major issue with this type of innovated economy. The sharing economy is a nontraditional, because the workers’ luck of benefits and the type of economical market system that creates an income and job opportunity. On the other hand this type of market provides a different type of benefits as: flexible schedule and employment; saving energy and less waste; self regulation; lower costs of the product. The context is of a great interest since participation in sharing communities and services is characterized by obligation to do good for other people and for the environment, such as sharing, and engaging in sustainable behavior (Prothero et al, 2011). The challenge of any market includes and market of sharing economy is to ensure the supply and demand. Specifically for the sharing market is the way

Australia’s Human Resource (HR) practices are regulated by laws that specify the employers and employee roles as well as the working conditions. As such, there is minimal opportunity for exploitation or unethical business practices. But for the regulations to take effect, the relationship between an employer and employee needs to be recognised. This report seeks to analyse some HR issues that are pertinent to businesses that operate on a contractual basis.

Launched in June of 2010, Uber has become one of the largest corporation and service providers on the planet. (Business Insider, Sept. 2015) Uber is essentially a taxi service but instead of calling a taxi or waiting for one on the street, the user simply uses their smartphone to order the cab including luxury level, select their destination, pay and even give a tip. (Uber Inc, 2014) The other half of Uber is personal drivers, instead of Uber posting jobs and hiring fulltime drivers, a person with a car can simply apply to Uber to drive, and when hired the employee can choose when they want to go drive without any scheduling. They simply get on their cellphone, load the application, sign in, and wait for a person to order a cab. This is

Michael Munger, the director of the Philosophy, Politics, and Economics at Duke University, constructs two fundamental arguments discussing the Middleman Economy and the Sharing Economy. However, to understand Munger’s arguments we must first define transactions costs. Transactions costs are compromised of the three main components: triangulation, transfer and trust. Triangulation is the process of connecting the seller and the buyer which can be difficult due to language or geographical barriers. Transfer is establishing a payment process which is both immediate and invisible similar to Uber’s process. Finally, trust is simply the assurance of honesty and performance of the contract between the two individuals. Munger’s argument