I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Why do you accuse them of suppressing wages when they lead the way to $15/hr, and when they literally spend money lobbying congress to raise the federal minimum wage? https://www.businessinsider.com/amazon-15-minimum-wage-lobby...
1 out of every 153 American workers is an Amazon employee
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Re: 1 out of every 153 American workers is an Amazon employee
#102I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
So basically I would try going to target first, then Amazon. Or Newegg or B&H first, then Amazon. There are other retailers of course but those tend to have operational competence, which is hard because Amazon raised the bar.
Re: 1 out of every 153 American workers is an Amazon employee
#103I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Why do you accuse them of suppressing wages when they lead the way to $15/hr, and when they literally spend money lobbying congress to raise the federal minimum wage? https://www.businessinsider.com/amazon-15-minimum-wage-lobby...
Re: 1 out of every 153 American workers is an Amazon employee
#104I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Amazon is Amazon because they didn't let size dull their edge. Unfortunately, that cuts both ways. There are a lot of ways to be exploitive, to your and your customers' benefits, when you're a $113 B revenue/quarter company, that simply aren't available when you're a startup. Hell, Walmart pioneered the "How'd you like to sell in our stores?" + "You need to reduce prices, or it'd be a shame if we, your biggest custom…
Actually, I believe that was Walmart as well: >TIMMER: I used to ask my class, I’m talking 1985, “Where is the world’s largest supercomputer?” And the correct answer was, “It’s at the Pentagon.” Okay. “Where is the world’s second largest supercomputer?” Bentonville, Ark. Home of Walmart. They used that computer to track every single item on every single Walmart shelf. That information technology is what revolutionized food marketing. And it was pretty much invented by Walmart.
Source: https://freakonomics.com/podcast/farms-race/#:%7E:text=where...
Re: 1 out of every 153 American workers is an Amazon employee
#105I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Re: 1 out of every 153 American workers is an Amazon employee
#106That makes Amazon #3, after the federal government and Walmart: Entity US Employees 1. US Government 2.7M 2. Walmart 1.6M 3. Amazon 1.0M If Amazon continues to grow at current rates, it will surpass Walmart's figure within 2 years. Looking at these figures, it's evident that these three entities are far larger, wealthier, more connected, and likely more powerful than the vast majority of US cities, the vast majority…
Is this level of concentration a totally new phenomenon? In the 1970s GM employed almost 700k people, and the US population like 30% lower. Is it just different companies every generation?
When GM was "good for America", we pretty much lost public transportation, so what are we losing now?
Re: 1 out of every 153 American workers is an Amazon employee
#107"The US has a population of 261 million and an employed non-farm workforce of 145 million, per the BLS" Anyone know why the "non-farm workforce" is the number reported here?
Re: 1 out of every 153 American workers is an Amazon employee
#108I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Stop being a slave to your addictions and form some principles. Come on.
If you are “torn” over this, if it’s so bad that you’re “torn”, how is this a difficult decision? Convenience trumps being “torn”. I mean, really.
Re: 1 out of every 153 American workers is an Amazon employee
#109Earlier quoted context omitted.
Amazon is Amazon because they didn't let size dull their edge. Unfortunately, that cuts both ways. There are a lot of ways to be exploitive, to your and your customers' benefits, when you're a $113 B revenue/quarter company, that simply aren't available when you're a startup. Hell, Walmart pioneered the "How'd you like to sell in our stores?" + "You need to reduce prices, or it'd be a shame if we, your biggest custom…
> Amazon pioneered hyperscale logistics efficiencies Actually, I believe that was Walmart as well: >TIMMER: I used to ask my class, I’m talking 1985, “Where is the world’s largest supercomputer?” And the correct answer was, “It’s at the Pentagon.” Okay. “Where is the world’s second largest supercomputer?” Bentonville, Ark. Home of Walmart. They used that computer to track every single item on every single Walmart she…
Re: 1 out of every 153 American workers is an Amazon employee
#110Earlier quoted context omitted.
Why do you accuse them of suppressing wages when they lead the way to $15/hr, and when they literally spend money lobbying congress to raise the federal minimum wage? https://www.businessinsider.com/amazon-15-minimum-wage-lobby...
That’s a fair point. I see them as suppressing wages because they open warehouses in small towns, pay $15/hr and then work the person to death so they become dependent on that job. Amazon can totally dominate an area’s workforce and use that to drive wages and benefits down.
I frequently encounter armchair economists on the Internet making sweeping claims about various, but it is frustrating. It takes basically no effort to think up something plausible. But to take even the first step towards empirically verifying a given hypothesis is an enormous amount of work. Without even a rough empirical foundation, how valuable are these armchair theories?
A little dated now but the Economist had a little mini-article about Amazon and wages. Really highlights how difficult it is to draw any definitive causal links, as well as trade offs (like benefits and unemployment): https://www.economist.com/united-states/2018/01/20/what-amaz...