Right now free market capitalism is dead.
Its global supply chain model has been laid bare for the exploitation it’s always been by a virus that births a culture that now only trusts local and wants walls built to expel the outside.
It means the State must step in as the largest employer until a vaccine is available, it means ways of life are changed.
The fracturing of neoliberal capitalism demands leaders prepared to use the full force of the State to reshape the economic hegemony.
Symbolism matters and that’s why Jacinda and Grant have an opportunity to show they mean business by rebuilding the economy.
Smack Uber down hard…
As restaurants hammered by the Covid-19 lockdown prepare to partially reopen for business, they have been dealt another blow after ever-growing delivery service Uber Eats fended off hopes it would drop its commission rate.
Uber Eats charges between 30-35 per cent on all orders, and with profit margins for food outlets set at around 3-5 per cent, many business owners have been losing money on the service.
A week out from the country leaving lockdown alert level 4, Restaurant Association boss Marisa Bidois revealed that the body had hoped Uber Eats would drop its commission rate.
She also revealed it had called on the Government to enforce a cap on commission rates for all third-party delivery companies.
The Association is now urging the Government to implement a cap on commissions charged by food delivery platforms, following the lead of San Francisco, where Uber originated.
This week, the city’s Mayor placed a 15 percent cap on commissions in the Bay Area for the duration of the COVID-19 pandemic, a move the Association says will “give Kiwi hospitality businesses a fighting chance of survival”.
…transnational parasitic companies like Uber who disrupt the existing local work force and skirt employment law and tax obligations are the bane of a post-pandemic capitalism and smacking them hard would show Jacinda & Grant are serious about the economic reformation that must now take place if they are to survive the economic apocalypse that could still sink their chances at the ballot box in September.
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