Uber’s car leasing program turns its drivers into modern-day sharecroppers — Quartz


The Most Revolutionary Act

Behind the shiny veneer of Uber’s venture capital–backed technological innovation lies a time-tested business model: labor exploitation. Uber’s latest scheme is a new spin on the age-old practice of sharecropping. Struggling to find enough drivers willing to put miles on their own cars, Uber recently began offering subprime auto loans to would-be drivers, conveniently extracting…

via Uber’s car leasing program turns its drivers into modern-day sharecroppers — Quartz

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