> Uber drivers are private, self-owned businesses that rent out their time and equipment to a corporation on a completely arbitrary basis.
As far I know, this is not true. Uber dictates the prices that drivers can charge, they cannot set an arbitrary price for their own labor. Is that not the case?
I'm not sure that this makes an economic difference - ultimately Uber's algorithm will set the price where supply intersects demand. Or equivalently, drivers can raise their own prices/restrict supply by only working during surge hours.
Is the driver charging the passenger? Or is Uber charging the passenger, and putting forth a contract at a set rate which individual drivers can accept or decline?
As far I know, this is not true. Uber dictates the prices that drivers can charge, they cannot set an arbitrary price for their own labor. Is that not the case?