Someone posted this at the end of the article. It is not my original thought, but it is well worth re-posting here:
“Bezos and Amazon pull this nonsense about minimum wage not because they care but because they know it will help them dominate. They benefit from automation and repetitious tasks such that brick and mortar stores can’t due to high labor costs. So if they have a minimum wage of $15/hour and pressure everyone else to do the same, they know their competitions margins get so small such that they simply cannot compete. Their objective is to be the only game in town, this includes squeezing out small businesses first and foremost.”
Thanks.
So devious and evil it would make the old robber barrons blush.
Like price dropping long enough to destroy competitors.
Bezos is very familiar with economies of scale.