Author Topic: Break up AMAZON before it does any more damage to America...???  (Read 253 times)

Mackin USA

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Break up AMAZON before it does any more damage to America...???
« on: October 10, 2018, 11:08:10 AM »
In his best-selling book “The Four: The Hidden DNA of Amazon, Apple, Facebook and Google,” Galloway cites some arresting statistics: Far fewer U.S. households have a gun than Amazon Prime, by 30 to 64 percent. More Americans have Prime than voted in 2016 (55 percent), or earn $50,000 or more a year (55 percent), or go to church (51 percent). He calls Amazon’s ability to woo Prime subscribers at a $119 yearly cost the equivalent of “entering into a monogamous relationship” with its consumers, who as of 2016 spent, on average, $193 per month. (Non-Prime members average $138 per month.)

https://nypost.com/2018/10/09/break-up-amazon-before-it-does-any-more-damage-to-america/
Mr. Mackin

Brad

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Re: Break up AMAZON before it does any more damage to America...???
« Reply #1 on: October 10, 2018, 11:39:49 AM »
I dunno.  Amazon's rise is a bit alarming, but success alone is not a crime.  Sears had already lost the hunt long before Amazon. Sears, Wards lost to Kmart. Kmart lost to Walmart. Walmart, Macy's etc are losing to Amazon.  So it goes.

I would contend, that half the problem today, is that Walmart, Macy's and Amazon are all selling the same identical crap from China. If it's all the same I might as well park my carcass on the couch and order from Amazon.

The other thing is that Amazon actually looks after it's customers.  Sears started losing that in the '70's during it's war with Kmart. In the 1960's Sears and It's staff still cared about you as a customer.  10 or 15 years later they couldn't be bothered.

Adam C

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Re: Break up AMAZON before it does any more damage to America...???
« Reply #2 on: October 10, 2018, 11:42:40 AM »
Interesting read.

Quote
Galloway says that Amazon’s new $15 hourly wage needs to be viewed through a much more cynical lens. “Jeff Bezos doesn’t do anything that’s not the smart thing to do,” he says. “When Amazon raises their wages so publicly, other people are forced to do so” — thus starving out the competition. It’s our new Cold War, he says, and Amazon won’t stop at retail. It will outspend every other entity in pursuit of global domination.

ukgimp

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Re: Break up AMAZON before it does any more damage to America...???
« Reply #3 on: October 11, 2018, 08:59:11 AM »
Has this same discussion yesterday.

Oil / Petrochem industry in the 30's got broke up didn't it? So it can happen.