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The way I read the article, AMZN is simply trying to bring additional vendors, from India, onto their platform. Doing so will give consumers greater choice. I
by dogruck 9y ago
The way I read the article, AMZN is simply trying to bring additional vendors, from India, onto their platform. Doing so will give consumers greater choice.
I don't see how that effort is related to Walmart or eBay.
- TheAdamAndChe 9y agoGreater vendor choice leads to a race to the bottom to see which area of the world can produce an item cheapest generally. These cost savings come largely from lower labor prices, meaning the workers get paid less. _That_ is how they compare to Walmart. Think about how much a factory worker made in the US in the 60's and 70's. They could afford a middle class life with a house, a new car every few years, and a pension. Now look at what a factory worker in China makes. They can't afford the quality of life that workers in the US had. Now these same forces are pushing those jobs to India, where their workers will make even less and have a worse quality of life. It's the negative side of globalization.