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If Amazon wants to be a pillar of the economy, then helping induce an even worse economic recession isn't good business. The weird thing is that the old indust
by AtlasBarfed 4y ago
If Amazon wants to be a pillar of the economy, then helping induce an even worse economic recession isn't good business.
The weird thing is that the old industrialists like Ford understood this. They achieved monopoly or cartel status, and recognized that things like pricing, work schedules, and layoffs had actual feedback loops with their revenues and profits.
Then again, maybe they didn't have the accounting technology and large scale macroeconomic measures to show that was a bunk idea.
Those days of world wars probably had more of a collectivist survival view even in the super-elites, those days are long forgotten.