Jeff Bezos runs a powerful monopoly that causes him to exert huge power and control. We shouldn’t be praising him but tackling his power
Watching the cheering of Amazon warehouse workers after being told they were getting a raise of $15/hour, it would be easy to see the wage bump as a great victory for working people. Senator Bernie Sanders thanked Amazon’s CEO, Jeff Bezos, profusely, “What Mr Bezos has done today is not only enormously important for Amazon’s hundreds of thousands of employees, it could well be a shot heard around the world.” He encouraged companies like McDonald’s and Walmart to follow Amazon’s lead.
With these expressions of gratitude, Senator Sanders made the case that the problem at play isn’t the power of Jeff Bezos, but that Bezos underpays his workers. For sure, this is a problem, but it is not the central challenge of Amazon. The real problem with Amazon is that Jeff Bezos controls essential infrastructure upon which nearly all American citizens rely, and he uses it to serve himself.
Continue reading...from The Guardian https://ift.tt/2PbinR9
via
0 Comments