| ▲ | rayiner 2 hours ago | |||||||
> The entire point is that the riches borne of the success of amazon could have been shared more equally while not actually making a different in Bezos' or his families life. Why does that matter? What is the universal principle that’s at play here? Does this principle apply to everyone? Does it apply to you? People in my dad’s village in Bangladesh survive on $5/day. Under your principle, why do you get to spend 1,000x that on a vacation? Can you also explain your math? You said above that Amazon could pay its workers 10x as much as they do now. Bezos’s share of Amazon’s net profit last year was about $6.9 billion. Amazon has 1.1 million delivery drivers and warehouse workers. So if Bezos’s share was nothing, those workers could earn about $6,300 more. That’s like 10-15% more, not 10 times more as you incorrectly said. | ||||||||
| ▲ | lkjdsklf 2 hours ago | parent [-] | |||||||
> Bezos’s share of Amazon’s net profit last year was about $6.9 billion We're not talking about Bezos's profit share for one year. We're talking about giving the workers a bigger share of the profit. Ideally, there would have been a workers union that owned a significant number of amazon shares or some other similar structure. Then all workers benefit from the compounding growth pg is talking about in the article. However that didn't happen, because Bezos didn't want it to happen. | ||||||||
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