Tech Innovation Outstrips Government Obstructionism

“One recurring theme in successful startups is the ability to get around the regulations created by politicians like Obama. Companies are using technology to create a free market.  The foremost example of this is Uber, with its UberX service that turns ordinary drivers in their own cars into taxi drivers. Sidecar and Lyft operate on a similar model.  The government-imposed licenses, medallions, inspections, minimum wages, regulated fares, and ‘consumer protections’ turn out to be replaceable, more or less, by an Amazon-style star-rating system and the incentives of independent drivers and ride-provider networks that want repeat business.  And it’s not just taxis.”

http://reason.com/archives/2014/01/20/tech-innovation-outstrips-government-obs

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