> Who makes this claim? Matthew Yglesias did in 2013. https://slate.com/business/2013/01/amazon-q4-profits-fall-45-percent.html https://slate.com/business/201

> Who makes this claim? Matthew Yglesias did in 2013. https://slate.com/business/2013/01/amazon-q4-profits-fall-45-percent.html https://slate.com/business/2013/01/amazon-q4-profits-fall-45... > That’s because Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers. The shareholders put up the equity, and instead of owning a claim on a steady stream of fat profits, they get a claim on a mighty engine of consumer surplus. And while it was a good quip it might not have became so famous if Bezos didn't quote him unattributed a few months later in a letter to shareholders. https://slate.com/business/2013/04/amazon-as-corporate-charity-jeff-bezos-says-there-s-a-method-to-the-madness.html https://slate.com/business/2013/04/amazon-as-corporate-chari...