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by passivate
1459 days ago
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For me, I am convinced that they create jobs, spend money in the economy, help provide valuable goods and services to society, etc. Amazon is famous for not hoarding money but re-investing their profits. Most 401ks invest in index funds that are buoyed by the tech stocks. I don't have ready citations but I believe these to be relatively uncontroversial statements. This whole talk about "net positive" and what is "net" is a pointless discussion that is going nowhere. There is no way to prove anything unless we have an alternative universe without Amazon to study. What sort of citation will make you happy? |
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This is indeed a very controversial statement because the rich are living a lifestyle which is at best unsustainable for the planet. They emit more greenhouse gas into the atmosphere for their own lavish lifestyles. They exploit poor labor conditions and lobby against every minor improvement. They don’t contribute to our shared funds like regular people, decreasing the state’s funds for more infrastructure which would have created more jobs. And they cause stress with their increased wealth disparity. Many research has shown perceived inequality is a significant stress producer. We may very well be bettor off without them.