Last Monday, the superior court of California handed down a landmark judgment that looks like taking the wind out of the sails of at least some parts of the “gig economy”. Truly the gig economy is a Hayekian wet dream. The lengths to which gig economy companies go in order to pretend they’re not employers are comical. But the gig economy is also a racket because it’s based on a dodgy business model. None of this means that the services gig economy firms provide aren’t useful or valuable: if nothing else, the pandemic has established that.

Source: The Guardian August 22, 2020 15:00 UTC