You have four tasks for your initial post. In order to present an organized post, address each one of these tasks in a separate paragraph and in the following order.
Your first task is to articulate the economic system (or combination of characteristics of both socialism and capitalism) that such laws depict.
Your second task is to examine the laws that either support or limit the operations by Uber.
Your third task is to analyze how your findings from your first and second tasks affect Uber.
And your fourth task is to present your moral position with regard to Uber. For this latter task, you will need to identify one of the three ethical theories (utilitarianism, deontology, or virtue ethics) as support for the moral position that you are taking. For example, you may hold the moral position that Uber is morally justifiable because it provides a good for consumers that fills in a gap that had not been met by the taxi industry. Or you may take the position that Ubers positioning in the market is morally wrong.
Your initial post in this discussion must be informed by the required material for this discussion. The required material for this discussion will introduce you to what is new about Uber as a business model, the profit incentive in business, and how laws can make or break innovation in business. Your preparation should focus on the characteristics of capitalism and socialism, as well as other business concepts presented in the required material. Since your initial post in this discussion will examine the relation between running a business such as Uber and the laws and economic system of the nation(s) in which it operates, make sure to comb the material on Uber for laws, regulations, and the economic setting that affect its operations. You are encouraged to research relevant laws and regulations to make sure that you have current information. You will also need to review the material on the three ethical theories (utilitarianism, deontology, or virtue ethics)
Use these resources:
Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits. New York Times Magazine.
Friedman presents a two-part clarification of what we may understand as social responsibility. The first part states that the responsibility of business is to its shareholders by using its resources to increase profits. Most stop here and assume that Friedman is advocating an ethics of egoism. But the important second part is that Friedman argues that business must be bound by the law and rules of honesty and decency toward others.
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