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I agree that the overall value that amazon is claiming is dubious at best. It's conflating consumer/producer surplus with net profits and conflating both of tho
by chmod600 6y ago
I agree that the overall value that amazon is claiming is dubious at best. It's conflating consumer/producer surplus with net profits and conflating both of those with wages.
But the whole point of the article is to debunk these distortions and add clarity. Adding its own confusion and distortions is not a good way to start.