Dean Baker for Truthout: While Uber's impact on the taxi industry is clearly not a joke, the market valuation of the company may well be. Uber is not yet publicly traded, but its market value has been estimated as being as high as $70 billion.
What happens when the war honeymoon is over and the generals keep right on fighting their way? When the praise begins to die down, the criticism starts to rise and questions are asked, watch out.
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