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He's also giving thousands of people jobs, making necessities available to millions at low prices, and paying enormous amounts in total taxes. Can gov't really
by ctdonath 7y ago
He's also giving thousands of people jobs, making necessities available to millions at low prices, and paying enormous amounts in total taxes. Can gov't really do more with his money than he can? Do you really want to disincentivize what he does for humanity?
- pizza234 7y ago> He's also giving thousands of people jobs Enterpreneurs don't "give" jobs to people. Refer to the "wage labour" definition: > Wage labour is the socioeconomic relationship between a worker and an employer, where the worker sells their labour power under a formal or informal employment contract. precisely, they're purchasing labor. And actually, Bezos is puchasing it at a dirty cheap price.
- ctdonath 7y agoPedantic. He created a job opening, they accepted it. Ask NYC how terrible those 30,000 new Amazon jobs are ... oh right, they don't exist there because the "Bezos is a meanie" people drove them away. A job is better than no job. Bezos hired them to do something productive.
- alphabettsy 7y agoI think it was residents didn’t want to pay millions or billions in incentives for jobs.
- wycy 7y agoIncorrect. Amazon says it was not about the politics[0]. Plus, Amazon is still coming to NYC anyway, because there was still demand for an office there[1]. But now NYC gets it for free rather than paying billions in subsidies. [0] https://www.cnbc.com/2019/07/10/amazon-reveals-the-truth-on-why-it-nixed-ny-and-chose-virginia-for-hq2.html https://www.cnbc.com/2019/07/10/amazon-reveals-the-truth-on-... [1] https://nypost.com/2019/05/27/amazon-is-reportedly-eyeing-office-space-on-manhattans-west-side/ https://nypost.com/2019/05/27/amazon-is-reportedly-eyeing-of...
- ceejayoz 7y agoThe HQ2 jobs don't exist in Crystal City yet, either. Let's not count chickens before they hatch... particularly with Amazon quietly continuing to hatch chickens in NYC anyways. NYC doesn't seem like it's struggling to attract jobs.
- antidaily 7y agoWhat’s he doing with his money? He’s not paying workers out of his checking account.
- ctdonath 7y agoMost of Bezos' money is invested in Amazon, investing in growth to create more jobs and better/cheaper goods & services. What he actually spends, funds jobs that exist because rich people exist and buy things others don't.
- cj 7y ago> He's also giving thousands of people jobs While also destroying jobs in the retail sector as brick and mortar stores are closing shop. > Do you really want to disincentivize what he does for humanity? This is such a broad question to directly answer. But in my opinion, a big part of Amazon's success has been at the expense of dozens of retail companies (Macy's stock price was $50+ 5 years ago, today it's $15, and the same trend exists for just about every large retailer). I'm sure a lot of people will disagree, but I much prefer an economy with many smaller companies competing in the market instead of one giant company controlled by 1 person dominating everything. I think the government should do more to incentivize healthy market competition (which Amazon is not), BUT I don't think the solution to that is more taxes..
- wycy 7y agoHe's not giving away jobs as charity because he has money. The need for these jobs stems from the demand for the work produced by those jobs, not his on-hand availability of money. If he/Amazon didn't have the money on hand, they would just borrow it and/or raise investments.
- zpallin 7y agoWhat Jeff Bezos does for humanity: kill lots of small business owners, drive down wages, eliminate blue collar jobs, and amass entirely too much power and wealth for himself. Yes, I would like to "disincentivize" this.