Ride

The meteoric rise of Uber and Lyft became posters for the gig economy. But as evidence accumulated of poor workers’ rights and inadequate pay for drivers, both companies lost their lustre. Co-op Ride is trying to change that by running as a co-operative, where the drivers own and control the company. As a result, the company takes less commission (15% vs Uber’s 25%) and drivers earn 8-10% more per ride, as well as getting an annual dividend based on their labour – those who drove more, get a higher proportion of the profits. There’s a lot to like about co-operatives.

— Wayne Visser

From Purpose Inspired: Reflections on Conscious Living, Volume 5. Buy on Lulu ↗