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by sah2ed
3043 days ago
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How is Amazon harming society? I don't see how they harm consumers since either way, consumers are the biggest winners of those low prices. If you are referring to self-published authors distributing ebooks being forced to take 35% on < $3 sales and 70% on > $3 sales on their platform; or merchants leveraging their reach to sell to a larger audience being undercut by Amazon on price then yes, they are harming society in some way. But even their "harm" is as debatable as the "harm" of Henry Ford's mass produced cars displacing horse-drawn carriages mostly because they were more efficient at transporting people over the same distances as horses. https://www.quora.com/How-long-did-it-take-to-get-horse-draw... |
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- Nice jobs with plenty of human interaction at local stores get replaced by low-wage, brain-dead jobs in sweatshops (distribution centers) and employees get replaced with self-employed gig workers (transportation services)
- Amazon makes huge profits it immediately keeps reinvesting, so it pays no taxes on gains, reducing the redistribution of wealth
- Of the taxes that would apply, Amazon, like all multinationals, makes use of legal loopholes only the privileged can "access"
- Amazon's data-centers are probably one of the world's largest consumer of electricity - which in turn mostly comes from fossile fuels and atomic energy, therefore polluting the world and driving global warming
- Having a large, controlling piece of the "job pie" means such companies can push wages and prices down, ultimately eliminating the middle class, that was built around SMEs
a.s.f.