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> 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
by 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..