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by JackFr
1785 days ago
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Two thirds of the way through this all I could think of was “strawman”. He talks about the invisible hand but doesn’t even namecheck Smith or his central thesis. If he understood that, he might understand that Jeff Bezos got rich not by exploiting people but rather by improving people’s lives |
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More effective exploitation of labor is a competitive advantage that lowers costs and thereby increases profits and/or allows for lower prices. Exploitation of workers and value delivered to consumers are entirely compatible.