Re: Amazon Must Be Stopped: It’s too big. It’s cannibalizing the economy. It’s time for a radical plan. (Franklin Foer, New Republic, Oct. 9, 2014)
All humans are self-serving and short-sighted to some degree; most humans are self-serving and short-sighted to a large degree. Wal-Mart’s Sam Walton and Amazon’s Jeff Bezos understand this; thus, their business models thrive, and despite all the whining, more and more consumer products are Made in China or other enclaves of cheap labor, while our employment base evolves from manufacturing and production jobs to comparatively lower-paying service jobs.
We, as consumers, reward these business practices when we buy their products.
Pogo’s celebrated quip come’s to mind.
In terms of the book biz, I laughed out loud at the comment about “dilettantism.” Let’s see, dilettantes E. L. James and Amanda Hocking (among others) pen best-selling ebooks that take Amazon by storm, then the “antediluvians,” who…
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