[mishkinf]

If you have a limited amount of money coming in and you allocate it in highly unequal ways (via a race to the bottom (in terms of expenses), can you be surprised when there are so many people who are suffering from not having an increased standard of living? You cannot disassociate the choices made in compensation of corporations to the standard of living of people in general. Amazon is putting small businesses out of operation because they can do it cheaper at a mass scale. Those families who are put out? They're toast. What did you expect? And Jeff Bezos is the one who reaps all the reward of all the lost wages of small mom and pop shops.