"But stock comes from inside the firm. Amazon makes new Amazon shares by typing zeroes into a spreadsheet. They don't have to convince you to buy anything in or

"But stock comes from inside the firm. Amazon makes new Amazon shares by typing zeroes into a spreadsheet. They don't have to convince you to buy anything in order to issue that new stock. That is their call, and their call alone. Amazon can buy lots of things with stock – not just the labor of in-demand technical workers who command six-figure salaries." This is the corporate version of Modern Monetary Theory. I think that Cory Doctorow should skip the economic analysis and stick to what he does well, whatever that is.