Send a Tweet
Most Popular Choices
Share on Facebook 15 Share on Twitter Printer Friendly Page More Sharing
Life Arts    H4'ed 2/4/21

The Guardian's "Long Read " (You've Been Warned): "Inside the Mind of Jeff Bezos"

Quicklink Submitted By   No comments
Become a Premium Member Would you like to know how many people have read this article? Or how reputable the author is? Simply sign up for a Advocate premium membership and you'll automatically see this data on every article. Plus a lot more, too.
Author 512932
Message Al Hirschfield
Become a Fan
  (3 fans)

Jeff Bezos’s achievement has been to make it less and less possible, or at least less and less practical, to avoid Amazon. It’s not an especially large overstatement to say that his ambition is to dominate the entire economy. (As the American journalist Franklin Foer put it, “if Marxist revolutionaries ever seized power in the United States, they could nationalize Amazon and call it a day”.) When Amazon acquired Whole Foods in 2017, for $13.7bn, the market value of the US’s largest grocery companies immediately plummeted by billions. The following year, when Amazon bought a small online pharmacy concern called PillPack for $753m, the potential effects on the traditional pharmacy sector spooked investors badly enough to cause a sudden and steep decline in the value of retail giants such as Walgreens, CVS and RiteAid.

Jeff Bezos - Caricature
Jeff Bezos - Caricature
(Image by DonkeyHotey)
  Details   DMCA

Read the rest of the story HERE:

At www.theguardian.com

 

Rate It | View Ratings

Al Hirschfield Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

A rapidly aging boy from NJ, with a somewhat radical political bent, who, after quite some time, seems to finally (in the truest sense of the word) be getting it together... Om Sai Ram

Related Topic(s): ; ; ; , Add Tags
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation: