"The company says it takes 20 to 25 percent of the fare. [...]Uber says drivers make around $19 per hour in the top 20 U.S. markets."
Do you want inflated taxi fares of old, or do you want supply and demand? You can't have both.
Do you want inflated taxi fares of old, or do you want supply and demand? You can't have both.
Before or after paying the costs of driving?
There's tons of examples where supply-and-demand gets balanced with other considerations. It doesn't have to be all-or-nothing.