The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google.Chateau Heartiste quotes from it in writing about Amazon.
Here are some Galloway quotes.
Since the Great Recession, Amazon has paid just $1.4 billion in corporate taxes compared to Walmart’s $64 billion. ... In 2017, Amazon paid nothing in federal tax.CH writes,
...Its ostensible search for the next city to house its second headquarters has become “the Olympics on steroids,” Galloway says, with state and local governments promising tax breaks that would starve funding for schools, police and fire departments. We have a new national holiday, Amazon Prime Day. Alexa and Echo, Amazon’s cloud-based voice-operated systems, sit in an estimated 40 million homes and spy on us, reporting our moods, tastes, wants, needs and fears back to HQ.
Yet we don’t fear Alexa.
(Bezos) hates President Trump, as evident by the daily TDS droppings of the newspaper he owns, the Washington Post-Op. If Bezos gets his greedy mitts on a monopolistic stranglehold of streaming video, you can just imagine the amount of anti-Trump, anti-White, anti-American bilge that would spill forth every minute of every day. “93% negative stories on Trump? We can hit 100%! (with no pee breaks)”
Galloway:
We have become equally complacent while technology mauls our economy, he says. “We seem to be comfortable, at least in tech, with the 8,000 people who work at headquarters splitting $80 billion in revenue,” while lower-wage workers struggle to get by. Business Insider reported that as of this year, Amazon was among the top companies whose employees relied on food stamps. And that $15 minimum wage? In exchange, the company quietly cut monthly bonuses and stock options.CH finishes the post:
...This complicated problem, he says, has a simple answer: Break up Big Tech.
“The key to competitive markets is that no one entity has too much control of the marketplace,” he says, adding that no other company has violated anti-trust over the past 100 years as Amazon and its ilk. Bezos’ recent support for a universal basic income is alarming, Galloway writes, because it means he sees a near future in which Big Tech permanently puts people out of work.
...“Ma Bell couldn’t have been easy to break up, and we unleashed 30 years of incredible innovation,” Galloway says. “Teddy Roosevelt broke up the railroads. If the Department of Justice hadn’t moved in on Microsoft [in 1998], do you think we would have Google? We don’t break companies up because they’re evil or take jobs or don’t pay taxes. We do it because it’s time.”
Bezos is the villain who immiserates the “Forgotten Americans” Trump vowed to protect. So why isn’t Trump taking action? What’s staying his hand? It’s obvious Bezos fears an anti-trust suit; he’s busy paying off a small army of congressmen to do his bidding and cuck on cue before the almighty Amazon. Is the weak link Jeff Sessions?
Trump should make anti-trust and the Wall his defining issues in 2019 if he wants to lock up 2020.
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