Posted on 06/19/2017 5:50:31 AM PDT by C19fan
With his $13.7 billion acquisition of Whole Foods, Amazon’s Jeff Bezos has made clear his determination to dominate every facet of mass retailing, likely at the cost of massive layoffs in the $800 billion supermarket sector. But this, if anything, understates the ambitions of America’s new ruling class, almost entirely based in San Francisco and Seattle, as it moves to take over industries from entertainment and transportation to energy and space exploration that once thrived and competed outside the reach of the oligarchy.
(Excerpt) Read more at thedailybeast.com ...
Bezos deserves my nickname for him “The Dr. Evil of our time”
It’s pretty easy for Whole Foods competitors to eat into their market. All they have to do is sell stuff at 1/2 of Whole Foods price and they will still make a nice profit.
Yes, I thought whole foods wasn’t doing that well.
Does this mean that Amazon sales will now require sales tax in any state with a Whole Foods?
I hope everyone reads the whole article and some can come up with ideas of how this will truly affect our nation. I have to go get my car inspected. I’ll be back. :)
Governments need to step up and hammer Amazon with TAXES.
Amazon is killing retail thereby killing communities’ tax base. Amazon isn’t paying property taxes in those communities. They’re killing jobs and the taxes those people pay. Amazon is killing retail and doing great harm to communities.
Bezoes bought the Washington Post to influence tax policy and his liberal views. Hammer him on taxes.
“Corporations grow on every hand, and on every hand not only swallow and overawe individuals but also compete with governments.The contest is no longer between government and individuals; it is now between government and dangerous combinations and individuals. Here is a monstrously changed aspect of the social world. In face of such circumstances, must not government lay aside all timid scruple and boldly make itself an agency for social reform as well as for political control? ‘Yes,’ says the democrat, ‘perhaps it must.’” …Two-pronged attack on US commerce—via government and within the business apparatus itself.
— Woodrow Wilson, 1887
Infiltrate and gain control of big business.
— 37th goal of 45 goals of communists for the USA, per The Naked Communist, 1958
Bezos is wild that Trump told him that his companies are ripe for antitrust action.
That is why Trump is excoriated by lies in his newspaper the Washington Post.
Bezos is a danger the US if not the world.
I only use amazon as a catalog and purchase item directly.
I refuse to use any of their services.
I will not knowingly be complicit in taking down the country.
Here in the DC area, Mom’s is cheaper than Whole Foods, Wegmans is cheaper than Mom’s and Trader Joe’s is cheaper than all (although they have less variety).
It’s all for them and then they tell us that it’s good for us. A-holes.
That's already happening in my neck of the woods. Kroger has started selling much of the same stuff as Whole Foods at a much lower price.
I see an anti-trust law suit against Amazon in their future.
He can screw up, when he does it will be of a grand scale....
Whole Foods was on the verge of bankruptcy, bad model and inefficient scale for the nationwide grocery industry.
Distributing food is way different than hard goods.....Kroger and Walmart (and others) are tough competitors with a tremendous amount of experience.
The food industry needed a kick to move innovation....That's the benefit I see now from Amazon....Whether Bezo’s can turn this into a win remains to be seen and carve out a niche remains to be seen....
So true. They were men of their times and without them, we would not live nearly as well as we do, not just here in America but globally. I doubt there is one person in the world who has not benefitted from Carnegie, Rockefeller, Vanderbilt et al.
One of them, I think Carnegie, used to loan money to the US Government.
I’ve never even glanced at a Whole foods store let alone shopped there. Never read a paper copy of the Washington Post and while I use Amazon, I’d also live perfectly fine without it.
This is one of the most important pieces posted here in a long time. I think the author is exactly right. I hope people will see that he is talking about more than the price of groceries.
It won’t affect our nation one bit. It won’t affect me one bit. I can avoid Whole Paycheck 100%. I can avoid Amazon 99%.
I love Wegman’s!
I went to a Whole Foods one time. Didn’t like it at all. Overpriced, off-brand products in a cramped store with narrow aisles.
Here in Cincy, we are rooting for Kroger. That said, I wouldn’t bet against Kroger...this isn’t a winner take all scenario...
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