5 ms·

Wouldn't that be an indication that the wages are at market?

by fitchjo 9y ago

nawgszy 9y ago
>at market Ah yes, the calling card of people that think systematic exploitation of workers in a global economy where only the top few are gaining wealth is fine because "free market rules" matter in a world full of regulatory capture and industries with too high of a barrier to entry to foster true competition.
- Godel_unicode 9y ago
  > high of a barrier to entry to foster true competition. The article is literally about true competition being attempted in a high-moat business.
  - addicted 9y ago
    This isn't true competition. This is vertical integration. Amazon isn't offering to deliver Walmart packages for a price.
    - tcoff91 9y ago
      Actually that's exactly what the article is about. Amazon has already had their own delivery drivers for a long time, they are now directly competing with UPS and FedEx by shipping packages for businesses that don't operate on Amazon's eCommerce platform.
      - toomuchtodo 9y ago
        If Amazon loses money on each delivery to stoke its market share, Walmart should use it as its delivery service until Amazon has exhausted its foray into last mile logistics.
    - Godel_unicode 9y ago
      That's literally exactly what they're offering. This is directly competing with FedEx/UPS. "...the new service will entail the online retail giant picking up packages from businesses and shipping them to consumers."""
- Fins 9y ago
  Because paying for things more than they are worth makes all the sense. Soviet experiment worked out really well! Of course what Amazon will pay their delivery personnel will match the quality of Amazon service, such as it is, anyway.
  - bigmanwalter 9y ago
    I am happy to tip my waiters well. Works out great for me!
    - Fins 9y ago
      Note -- you said tip. And I imagine you tip if you got at least acceptable service (something that looking at comments here doesn't happen too often with AMZL).

5 ms·

Wouldn't that be an indication that the wages are at market?

by fitchjo 9y ago

Wouldn't that be an indication that the wages are at market?

nawgszy 9y ago
>at market Ah yes, the calling card of people that think systematic exploitation of workers in a global economy where only the top few are gaining wealth is fine because "free market rules" matter in a world full of regulatory capture and industries with too high of a barrier to entry to foster true competition.
- Godel_unicode 9y ago
  > high of a barrier to entry to foster true competition. The article is literally about true competition being attempted in a high-moat business.
  - addicted 9y ago
    This isn't true competition. This is vertical integration. Amazon isn't offering to deliver Walmart packages for a price.
    - tcoff91 9y ago
      Actually that's exactly what the article is about. Amazon has already had their own delivery drivers for a long time, they are now directly competing with UPS and FedEx by shipping packages for businesses that don't operate on Amazon's eCommerce platform.
      - toomuchtodo 9y ago
        If Amazon loses money on each delivery to stoke its market share, Walmart should use it as its delivery service until Amazon has exhausted its foray into last mile logistics.
    - Godel_unicode 9y ago
      That's literally exactly what they're offering. This is directly competing with FedEx/UPS. "...the new service will entail the online retail giant picking up packages from businesses and shipping them to consumers."""
- Fins 9y ago
  Because paying for things more than they are worth makes all the sense. Soviet experiment worked out really well! Of course what Amazon will pay their delivery personnel will match the quality of Amazon service, such as it is, anyway.
  - bigmanwalter 9y ago
    I am happy to tip my waiters well. Works out great for me!
    - Fins 9y ago
      Note -- you said tip. And I imagine you tip if you got at least acceptable service (something that looking at comments here doesn't happen too often with AMZL).