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Well, one way to think about it is to consider what the effect of the growth might be. What good is a corporation doing getting that large? Who benefits from th
by beowulfey 6y ago
Well, one way to think about it is to consider what the effect of the growth might be. What good is a corporation doing getting that large? Who benefits from the amassing of so much wealth? Are they acting for the benefit of many people, or are they more like a black hole -- mindlessly absorbing money and growing over time?
Certainly if a corporation can grow to get so large, it's hard to argue against it. It becomes a bit like a force of nature in that sense. But there are possibly repercussions to that, just as there would be repercussions if a black hole were to suddenly appear in our solar system.
- pgsimp 6y agoSo far, people seem to be benefitting from Amazon.
- px43 6y agoI like that Jeff has the funds to dump into important projects like Blue Origin, and General Fusion, etc. Projects that have zero chance to be profitable at a small scale, but significant benefits to humanity once things start working. Elon is probabally the prime example of a crazy billionaire who dumps his wealth into wildly unprofitable ventures to get things done for the betterment of humanity. Of course most billionaires end up like Larry Ellison, whose only drive seems to be increasing the size of his boat collection. He has every right to be doing his own thing, but it would be nice if there was a way to incentivize incredibly risky projects with a potential for significant public good.
- smabie 6y agowhile there are exceptions, most companies sell products and therefore mostly grow by selling products. That is, they grow because people think there is value to the product and fork over there hard earned money. As such, it's pretty clear that Amazon is providing tremendous value to society.