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Catching a Ride on the ‘Creative Destructive’ Economy

Catching a Ride on the ‘Creative Destructive’ Economy
The Uber app is displayed on an iPhone while in the background taxi drivers wait for passengers at the Vancouver International Airport on March 7, 2017. The Canadian Press/Darryl Dyck
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What do creation, destruction, sharing, and profit have in common? When it comes to the sharing economy, the answer is everything.

In slightly over a decade, Uber and Lyft have gone from San Francisco startups to worldwide juggernauts. Their march to becoming international multibillion-dollar companies has sometimes met fierce resistance from taxi companies and community groups led by hospitality unions.