Fortunately for the Amazon Way it exists in a profit driven economic system. As the second paragraph quoted below notes, the Amazon Way has negatively influenced the community of humankind in more than one way but because of its actual and potential profit the financial community has looked at the Amazon Way as a darling. The company, because of its very competitive pricing structure is a favorite of consumers. But in capitalism does a company bear any other responsibility? Most of the U.S. citizens would not approve of slavery as a means for increasing profit, or the tenement sweat factories or even what took place during the building of our railroads. But the Amazon Way, in order to save some money, created an un air-conditioned work environment leading to workers passing out from the heat and dehydration, gets a pass by most of the populace and media. To get an idea of what the Amazon Way management thinks of its workers, EMT’s and ambulances were maintained near the Amazon Way warehouses as that was cheaper than installing air-conditioning.
Not only its workers but its Associates have found that the Amazon Way seeks to positively affect the bottom line by taking advantage of those who help make the Amazon Way profitable.
When the Amazon Way drives small retailers out of business by under pricing them, the benefits of a self-contained community and what that means to all retail ancillary concerns should not be minimized.
And when a local community pays for infrastructure repair without any sales tax portion coming from the Amazon Way, the local community is adversely affected.
The article, which is partially listed below, is enlightened because it mentions the Amazon problems. In one paragraph out of many. The Amazon Way remains a darling of financial advisors and the media. The Amazon Way hurts lots of people but makes a profit. In some way the philosophy behind capitalism has not progressed very far.
“Yet while Amazon.com has commanded an immense presence in the world of retail and cloud storage, until recently it has lacked a certain coolness factor like, say, Apple has had with its iPhones and Google with its self-driving cars. Other than releasing the Kindle e-reader (essentially a delivery device for its online bookselling business), the Seattle company has had a pretty grim track record in coming up with electronics bling. Remember the Fire Phone? You don’t? Well, you’re not alone — it was discontinued last year after 13 months of sluggish sales.”
“For years investors have tolerated Amazon.com’s lackluster performance on the gadgets front, betting that the company’s future was bright and that someday it would become profitable. And investors have stuck with Amazon.com despite the knocks it’s taken on several fronts, including criticism over its treatment of employees, ruthless underpicing that’s perceived as hurting small retailers and ample tax-avoidance strategies — not to mention swipes that it’s driving publishers out of business. Despite these criticisms, Amazon’s online retail business has remained immensely popular with consumers. “
“In July Amazon.com did something it’s had never done before; it booked its fifth consecutive quarterly profit. No longer dependent on the holiday sales boost, the company appears to be on its way to emerging as more of a traditional blue-chip multinational — one releasing a regular stream of profitable returns.” http://www.salon.com/2016/09/20/revenge-of-the-nerd-jeff-bezos-uncool-amazon-may-become-the-worlds-most-valuable-company/