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>Was it at your expense? Yes, I think the point of complaints of the richest becoming richer is that they are doing so on the backs of the poor. They are under
by jjeaff 5y ago
>Was it at your expense?
Yes, I think the point of complaints of the richest becoming richer is that they are doing so on the backs of the poor. They are underpaying employees and otherwise taking advantage of the lower classes to extract efficiency from them. If at the end of the year, I'm poorer because wages didn't even keep pace with inflation but my employer is 2-3x richer, something is wrong.
In a healthy econonomy, the idea would be that the employer pays you for services rendered and we both come out ahead and with some sort of balance.
Which, in a truly competitive free market, that should be the case. Amazon shouldn't be able to pay peanuts and work employees like dogs (or drones). Because in a free market, a competitor would show up and pay more and treat employees with more respect. But the moat is too wide and deep for many of these companies.
Heck, even if someone did make a serious play for Amazon's online retail and fulfillment, they would simply use their AWS earnings or even borrowing power due to their market cap to fund their retail side and underprice you out of the market. (Something that they have done several times before).