zlacker

And Amazon makes money by providing people with goods and services that they need in a manner safer than alternatives.

Nothing wrong with that.

>>Walter+(OP)
Nothing wrong with that, but it seems reasonable to me that once a company goes public (or hits a certain size), it no longer makes sense for one individual to have such a large stake in it no matter how essential.

>>Walter+(OP)
There's nothing wrong with that in of itself, but if it stomps out any potential competition and renders them unable to compete after a certain degree of monopolization, what sort of position will consumers eventually be placed in?

>>nights+a2
If Amazon fails to behave, Walmart is ready & able to step in.

>>AQuant+33
> what sort of position will consumers eventually be placed in?

In a pretty shitty one. That is the ultimate goal of modern cut-throat capitalism: get utter market domination, destroy all competition and once that is done, raise the prices as far as possible without attracting too much protest from the few regulatory institutions that remain.

>>mschus+Oe1
> That is the ultimate goal of modern cut-throat capitalism

True, but the only way they can achieve that is by using the government to outlaw competition and/or regulate them out of existence.

Their attempts to do it result in prosperity, high standards of living, longevity, etc.

(it has nothing to do with being "modern")