Uber’s car leasing program turns its drivers into modern-day sharecroppers — Quartz

Behind the shiny veneer of Uber’s venture capital–backed technological innovation lies a time-tested business model: labor exploitation. Uber’s latest scheme is a new spin on the age-old practice of sharecropping. Struggling to find enough drivers willing to put miles on their own cars, Uber recently began offering subprime auto loans to would-be drivers, conveniently extracting…

via Uber’s car leasing program turns its drivers into modern-day sharecroppers — Quartz