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And activists as heads of companies … some own newspapers!Yes!
Yes! Crony Capitalism.
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And activists as heads of companies … some own newspapers!Yes!
Yes! Crony Capitalism.
What Bezos and Amazon did was develop a complex coordination plan, incorporating many sub retailers that creates enormous value, that raises productivity and delivers lowers prices. Amazon did this better than anyone else. There are other competitors and to think Amazon will always be the top dog is foolish for investors.Capitalism for the WIN! Yes!
But what we have today is a deviant predatory capitalism which has very little in common with the original idea. The competition and free market is practically dead. Glad you made some money off of exploited workers who are treated like a modern slaves.
Today we have monopolies that destroy and absorb rivals, oppose free market and billionaires control the state by buying our public servants with promise of post government lobbying and consulting jobs.
Yup! Big Banks - the guardians of Money - engage on "Sustainable Policies", whatever the heck that means. Any random Georgia lumber joint has planted more trees in the last 6 months than any (or all!) of the big bankers will do in the next 150 years.And activists as head of companies … some own newspapers!
Just last week I was looking for an old school screw in pull switch (screws in to light bulb socket and has on / off pull switch) for use in our utility room. No one locally carries them! I tried Lowes, Home Depot and Walmart, sure enough Amazon has them and it arrived in two days. I don't care to support Amazon vs. other local options but what can you do?
In 1994 Jeff Bezos left his Wall Street job and moved to the Great State of Washington to work on a business plan. That plan was realized in his garage. He decided on selling books on-line. Bezos had studied reports forecasting annual web commerce growth at 2,300%.
So Jeff Bezos leveraged Apple, Microsoft and the Internet. Now Amazon does about 50% of on-line sales. Yup.
Costs money to run a store in a prime real estate location and have shelves that one can peruse, while having employees ready to answer questions. Slow moving stock costs more than fast moving stock. Websites are pretty cheap, as is a warehouse out of the way That is harder to drive to.
I must be getting old—I can remember when Home Depot was the evil place that was putting stores out of business (remember Home Quarters?).
Yes but that involves wiring, though simple I'd rather just screw in an adapter like the one that was previously there for decades.One thought would have been to buy the entire socket with the pull switch. Those are still around. The item you were looking for is a bit uncommon.
I was at a gas station today and saw 2 Amazon Sprinter vans getting fuel, I don’t know if it was gasoline or diesel.
Amazon is delivering on Easter Sunday.
Full Disclosure: I own a few shares of Amazon
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Capitalism for the WIN! Yes!
But what we have today is a deviant predatory capitalism which has very little in common with the original idea. The competition and free market is practically dead. Glad you made some money off of exploited workers who are treated like a modern slaves.
Today we have monopolies that destroy and absorb rivals, oppose free market and billionaires control the state by buying our public servants with promise of post government lobbying and consulting jobs.
Cadabra was originally the name Jeff Bezos chose for his tiny little company.
His lawyer accidentally mistook the name for Cadaver and Bezos made the decision to call the company Amazon and the rest is history.
In 1994 Jeff Bezos left his Wall Street job and moved to the Great State of Washington to work on a business plan. That plan was realized in his garage. He decided on selling books on-line. Bezos had studied reports forecasting annual web commerce growth at 2,300%.
So Jeff Bezos leveraged Apple, Microsoft and the Internet. Now Amazon does about 50% of on-line sales. Yup.