Harry Shearer interviews Uber's smartest critic: Hubert "Bezzle" Horan

Hubert Horan (previously) is a transport industry analyst who has written more than 20 essays for Naked Capitalism as well as two peer-reviewed scholarly articles explaining why Uber is a "bezzle" — that is, a scam that can't possibly ever make money, no matter how much it preys on drivers, ignores passenger safety, and destroys safe, regulated taxi businesses. Harry "Mr Burns" Shearer interviewed Horan (MP3) on the latest episode of his radio show, Le Show. It's a fantastic interview that quickly gets to the meat of Horan's critique of Uber, and then digs into both the ridiculous defenses that Uber and its defenders mount of its possible sustainability, and the social circumstances that allowed Uber to bezzle $21b from its investors in just a few years, while still attracting more investors. (Image: Tarcil, CC BY-SA, modified) (via Naked Capitalism)