bloomberg had an article along similar lines late last year. The main hypothesis isn't terribly controversial to me, amazon lowers logistics wages since it pa

bloomberg had an article along similar lines late last year. The main hypothesis isn't terribly controversial to me, amazon lowers logistics wages since it pays less than the traditional players, and has sort of the 'business gravity' to immediate move in and be a significant employer. I would not call that suppressing wages on its own. Amazon's argument is that they aren't driving wages down, they are raising them up because their employees are not from traditional logistics, but most retail and service jobs, again, on its own, probably more right than not. That's the thing I think is hard to separate, and I want to know more about. These industries feel threatened by amazon, so where is that coming from? Is it all just business muscle and monopsony, or is there genuine disruption (even in something that relies on amazon's scale)? Sort of a competitively 'legitimate' advantage. And I would say that you can definitely discuss if they are externalizing societal costs with how they treat employees. It's not a direct comparison, but I think about the crafts that were overtaken by factories. I think it can't be that simple, but amazon clearly changed the labor dynamics, so what did it do and how did it do it? https://www.bloomberg.com/news/features/2020-12-17/amazon-amzn-job-pay-rate-leaves-some-warehouse-employees-homeless https://www.bloomberg.com/news/features/2020-12-17/amazon-am...