Yep, there needs to be real consequences. In addition, no member of that board or executive team should be able to act in those positions in any company for like 5 yrs.
Yeah but then how would I be able to get that napkin holder that I ordered in my underwear delivered tomorrow! You don’t understand how much I need this thing right now even though I can’t be bothered to get dressed and drive my ass to the store.
How about if the company is so large and sewn into the fabric of the modern world then instead of dissolving the company it instantly becomes a public utility, turn the shares into treasury bonds, and jail the executives?
I don’t really see any other company building massive warehouses that employs millions of underserved people and providing them with decent paying jobs with good benefits. I don’t think 1.6million Americans should be unemployed because of shady actions of the execs.
People are still fling to buy shit. Maybe they have to do it locally instead? Probably some other company would step up to replace their monopoly. It’s only be an improvement.
So we should just make almost 2 million Americans unemployed because some execs shredded some papers. I don’t know if you know anything about retail work, but they pay less than Amazon does, very few actually pay over $15 an hour, Walmart starts you out at $12 an hour.
It wasn’t necessarily Amazon that killed of the competition, it’s the tech behind Amazon (e-commerce) that killed retail stores. Just like UBER demolished the taxi industry, just like cars replaced horse carriages, and just like AI’s about to make knowledge workers completely obsolete. Amazon still has a great deal of competition from Walmart, Target, and lots of retailers.
Shopify accounts for 1/3 of all e-commerce sales in the US in 2023, and with the rise of way cheaper Chinese alternatives to amazon like shien, Temu, & Alibaba express no one really has a monopolistic control in the e-commerce space.
Yes but no. E-commerce got rid of many retail jobs. So did WalMart. But Amazon also uses a ton of monopolistic and dirty practices. Amazon is working hard to eliminate the competition, because capitalists would rather control the market than compete.
There are so many things that we could talk about. I think the simplest thing to realize is that Amazon was losing money for years so that they could become the central hub of vast numbers of shoppers and sellers, and after they got control of the market, they had a huge amount of leverage over all of those people. Now they can increase prices and manipulate search results, as recent court cases have shown us. They also do horrible things to their workers, they try to bust unionization, many of their delivery drivers are peeing in plastic bottles because they don’t have time to stop at a public restrooms, the list goes on and on.
Because it’s such an exhaustive list, and because I don’t think you should take my words at face value, I highly recommend that you read the newspaper. There’s so much great information compiled by people online. When in doubt, start with Cory Doctorow.
I don’t think forcing people to work in inhumane conditions while paying them close to nothing, so that they still need to use food stamps, counts as employing. It sounds more like exploiting the most vulnerable people, which have no other employment option, because big monopolies like Amazon killed all the competition
No one’s forced to work at Amazon. For unskilled uneducated Americans $16 an hour is higher than what you can make in retail or fast food, which are some of the only options left especially for Americans in the rust belt. It’s not monopolies that killed jobs that used to provide livable wages like manufacturing it’s globalization. I’m not mad at your ignorance because I didn’t realize how bad parts of America were until I moved to the rust belt. If you want to blame anyone for the lack of quality employment for undeducated Americans blame the politicians and greedy companies that let high paying jobs go overseas to China and Mexico.
Honestly, I don’t think the company needs to be dissolved, but I think that accountability for the law should exist at director level and up. For a company the size of Amazon, that’s probably around 100 people that should face the consequences - and that’s only the retail org.
The best description of Amazon is that it is a management company. It’s not a retailer, or a tech company. It’s output is its management process, and it’s this that it uses to build products in different markets.
So, remove the source of those processes. Let people move up to higher roles, and let someone not breaking the law take the senior positions.
Seems like that would be illegal and they should be on trial. I wonder if I went into Amazon and started to destroy a PC or two would I be held accountable?
of course they did, the penalty for getting caught destroying evidence is far, far less than the penalty for the price fixing they’re accused of. the law is designed to incentivize them to do this.
we could make it so that the penalty for destroying evidence in a court case once its been subpoenaed is twice the penalty of the original case, but we don’t. we could make CEOs responsible for the actions of their employees (after all, they’re quick to claim responsibility for the actions of their employees when those actions generate money), but we don’t.
It’s not going to stop until we start holding executives physically responsible for their crimes in disfiguring ways. “Why is the right half of your face missing, Bob?” “Insider trading” he writes on an index card because he’s been debarked.
I will only be surprised if someone actually ends up going to prison. More likely, the company will just get hit with a fine that’s just the cost of doing business.
Although Romney said, “Corporations are people too, my friend” you can’t throw Amazon in jail.
Closest they can do is a forced break up. A “Ma Bell” so to speak 🔔
Amazon now has to direct all managers watch a data retention video every year for the next five years, is allowed two years to roll this out, and can appeal in 3 years.
Apples and oranges. If you are a cashier and theft occurs you aren’t paid enough to risk anything, including your life, to stop theft. Companies can hire more asset protection people.
Absolutely. Shoving a wall of text in someone’s face that you didn’t type and saying “read this” is not worth my time.
If you want effort, put forth effort. I can also link to a plethora of stuff and say “read this,” but I won’t because it’s a waste of time and you can find any information you want on the internet.
Sorry this needs to be spelled out for you. You’ll understand it as you get older.
Damn dude, do you gotta be a cunt on the internet for no reason or is it fun? They’ve been saying that same “you’ll get it when you’re older” since I was in school and that’s been a minute. Normally it came from some small minded blowhards, but I’ll give you benefit of the doubt.
Their effort was to find the sources for you that purport their claim. It’s not a big nuanced argument, they presented what they thought, you asked a question about what they meant, they linked you supporting information so you could be aware.
It’s not their job to dissect the sources for you, it’s their job to present their argument and if you didn’t get it then they link you the bits they used. If you still don’t get it, stop engaging with the person who linked sources.
When you were in school, did they teach you how to evaluate sources from multiple forms of media? Because the internet wasn’t as massive as it is today when I was taking those classes, but they still taught how to go through a magazine, website, book, and video sources to identify the bias and reliability of the source.
If the only conversations you’re having a full text and no one is linking to a source when they’re making a claim, you’re having a conversation, not a discussion or debate. It’s why people cite their sources for published pieces, gotta check for plagiarism and you have to identify where you got information you claim is factual, it’s just part of having those kinds of communications.
Look dude, I get it. You seem upset because I don’t see the value in being linked a wall of text on the internet. It’s because I’ve been there, many times, and it overwhelmingly is not worth taking seriously.
Like I said, you’ll understand this when you have more experience. I’m tired of repeating myself, and taking your insults.
Summary: There is a normal percentage of theft compared to previous years, but because of inflation the estimated dollar amounts are “unprecedented.” Please don’t ask about the unprecedented profits.
Clickbait headline articles need to be shocking sounding. Bonus points if they push the narrative that companies are good and us horrible peasant thieves stealing from them are bad.
It’s worth noting that when retail sales go up, as they did in 2022, shrink also tends to rise. The average shrink rate in the 2022 fiscal year was 1.6%, up from 1.4% the year before. The latest figure is in line with shrink rates from 2019 and 2020.
Just a correction: wage theft accounted for up to $50 billion in 2014 according to the EPI, not 2017. That would be roughly $65 billion today. Like you, I would also like to see more recent numbers.
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