3 ms·
It takes two (or more) to tango. It's everyone's fault.
by omarchowdhury 7y ago
It takes two (or more) to tango. It's everyone's fault.
- dlivingston 7y agoI think that commenters here are thinking far too narrowly. If I, as a consumer, have $XXX disposable income, then I am going to spend it on A, B, and C. If Amazon lowers the prices of goods, then I am going to spend it on A, B, C, and D. If Amazon, as a company, is interested in maximizing profits (which: duh), they are going to do that in one of two ways. Either they increase the cost of goods, leaving them less competitive to Walmart et al., or they increase their profit margins by minimizing other factors in the supply chain / company. Both groups are behaving exactly as one would predict, and exactly how you or I would behave as consumers or as CEO of Amazon. To say "it's everyone's fault" is ignoring the intrinsic human nature of consumers and the intrinsic Darwinian survival mechanisms via profit maximization of Amazon.