Taking over the world of commerce isn't just about economics. It's also control of ideas.
... Bezos has designed his company for a far more radical goal than merely dominating markets; he’s built Amazon to replace them. His vision is for Amazon to become the underlying infrastructure that commerce runs on.
By controlling these essential pieces of infrastructure, Amazon can privilege its own products and services as they move through these pipelines, siphoning off the most lucrative currents of consumer demand for itself. And it can set the terms by which other companies have access to these pipelines, while also levying, through the fees it charges, a tax on their trade. In other words, it’s moving us away from a democratic political economy, in which commerce takes place in open markets governed by public rules, and toward a future in which the exchange of goods occurs in a private arena governed by Amazon. It’s a setup that inevitably transfers wealth to the few—and with it, the power over such crucial questions as which books and ideas get published and promoted,.. [emphasis mine]
I've seen a LOT of mom-and-pop stores close because of Amazon. Hell, I'd bet you could trace the failure of places like Borders to them as well. What's worse is I have ZERO idea of what to do about it.
Me too, Loren. We dropped our Amazon Prime membership and try really hard to do online purchases with other sources. But I know a radical left wing activist who sometimes wears a shirt advertising Amazon.
Jeff Bezos is the richest person in the world, with a personal net worth of $108 billion. In 2017, Bezos’ company, the internet retail giant Amazon, reportedly took in $5.6 billion in U.S. profits.
What’s this? Amazon effectively paid zero dollars in federal income taxes in 2017?
Amazon is projecting a $789 million windfall from Republicans’ tax bill, according to the Institute on Taxation and Economic Policy, which may have factored into its reason for witholding taxes this year.
... Amazon was able to effectively zero out its federal income tax burden by leveraging various tax benefits.
Amazon’s global headquarters is not in Seattle, but in the tiny landlocked nation of Luxembourg (Amazon employs more than 40,000 people in Seattle, compared to 1,500 people in Luxembourg.). The European Union has accused Luxembourg of giving illegal tax breaks to Amazon ... [order changed]
Say what you want about Bezos, and yes he's unconscionably trashing the retail world to his benefit, but for the time being he's also purchased WAPO which is a thorn in Dolt 45's paw, and that's worth a little something.
Amazon book sales are being used to launder money, and fradulent Amazon customer support phone numbers abound, to rip you off.
Stolen identities of authors are used to sell computer generated gibberish ebooks. Amazon seems to be covering up the frauds instead of assisting those with stolen identities.
"... these books could be used to launder money using stolen credit cards or facilitating transactions for illicit materials or funding of illegal activities,” Reames said.
Performing a simple online search for Amazon customer support phone numbers can turn up some dubious and outright fraudulent results.
This Web site does a good job documenting the dozens of phony Amazon customer support numbers that are hoodwinking unsuspecting customers. Amazingly, many of these numbers seem to be heavily promoted using Amazon’s own online customer support discussion forums, in addition to third-party sites like Facebook.com.