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"Amazon wouldn't be what it is if it wasn't relentlessly competitive." Amazon can be just as competitive without being as profitable to its shareholders. The
by pmoriarty 7y ago
"Amazon wouldn't be what it is if it wasn't relentlessly competitive."
Amazon can be just as competitive without being as profitable to its shareholders.
The hundreds of billions that Bezos has pocketed as profit are not essential for Amazon's success. That profit could easily be redirected in to the pockets of Amazon's employees and towards making a safer work environment instead, arguably with a corresponding increase in Amazon's competitive effectiveness.
- matz1 7y agoHe already is, bezos reinvested much of amazon profit back to amazon.
- pmoriarty 7y agoHow much of that reinvestment went to the warehouse and delivery workers and their safety? Considering their strike: not enough.
- matz1 7y agoThat entirely depends on how effective the strike is.
- pmoriarty 7y agoI fail to see the connection.
- matz1 7y agoIf the strike is not effective then there is no point to reinvestment into the worker demand.
- pmoriarty 7y agoRight. There's no point in making sure your workers are healthy or are well compensated for the risks they take slaving away to make you ever richer, when you could pay them the absolute minimum you could get away with and replace them with more if they get sick or die.
- matz1 7y agoExactly, thats the reality. Amazon is not charity.
- jsight 7y agoYou think that Amazon makes hundreds of billions in profits?