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19452 Articles by: Abigail Torre

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Abigail Torre grew up in Chile and now lives in Berkeley, California where she is cochair of the East Bay chapter of Democratic Socialists of America.

Uber and Lyft Are Threatening a Capital Strike

Uber and Lyft want you to believe they’re suffering an unfair assault by the state of California’s government to end drivers’ independent contractor status. The reality: Uber and Lyft are very wealthy and very powerful, and they’re using that wealth and power to threaten a capital strike, a withdrawing of investment in a way that would hurt drivers and riders, to get what they want.