Celebrating 10 years! 2007-2017

Why y’all hate Jeff Bezos so much?

Amazon is great. Why all the hate? rastaman01/09/19
destroy retail and tank local real estate and job market, wh whiteguyinchina01/10/19
Retail was dying anyway; if it wasn't Amazon it would be Wal therewillbeblood01/10/19
Don’t hate on Amazon for giving people what they want: it madathofstra01/10/19
1. Amazon is not a monopoly in any of its businesses, not on tcpaul01/10/19
Most of the products they sell are cheap Chinese garbage. debtslave1501/10/19
That's because most products are that. Amazon in facts sells superttthero01/10/19
True. My point is they don't carry many high end, quality it debtslave1501/10/19
I’m not sure why you hate capitalism so much. trickydick01/10/19
His username provides a hint. brokelawyer01/10/19
Monopolies are inimical to capitalism. debtslave1501/10/19
I hate him because of his incredibly poor record of philanth gladigotaphdinstead01/10/19
Yeah, for-profit companies acting like UNICEF is a great bus bigwags01/10/19
I'm talking about personal philanthropy. He just set up a fo gladigotaphdinstead01/10/19
5 billion isnt enough? That's nearly the revenue cutoff for bigwags01/10/19
Nothing. That is an oxymoron. The government should have gladigotaphdinstead01/10/19
Meh. Putting your money into a foundation is meaningless til onehell01/10/19
no hate. hate is such a strong word. like facebook or goo whiteguyinchina01/10/19
https://en.wikipedia.org/wiki/Amazo n_Air All in, I wonder phosita01/10/19
People have been hating Amazon since the 90s when Tom Hanks gazoo01/10/19
I think the American customer put bookstores out of business normshow01/10/19
I used to like them a lot more. But now I find that I don't captain01/10/19
I hate Amazon and e-commerce in general. I can't see or fee imoothereforeim01/10/19
What I hate about Amazon is basically what I hate about the chicagojoe01/10/19
I don't know the specifics of Amazon so maybe there is corru normshow01/10/19
Amazon allows people to sell their own products. But when th secondcareerlawyer01/10/19



rastaman (Jan 9, 2019 - 11:15 pm)

Amazon is great. Why all the hate?

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whiteguyinchina (Jan 10, 2019 - 5:14 am)

destroy retail and tank local real estate and job market, while building a monopoly

its like walmart. jobs moved offshore so that we could save five bucks on a coffee maker and the corp could save thirty.

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therewillbeblood (Jan 10, 2019 - 10:41 am)

Retail was dying anyway; if it wasn't Amazon it would be Wal-Mart taking over. I actually kind of like how Amazon has shivved Wal-Mart.

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madathofstra (Jan 10, 2019 - 7:46 am)

Don’t hate on Amazon for giving people what they want: items in stock, competitive pricing, fast, free shipping, and liberal return policy. If brick and mortar offered these things, consumers would not be flocking to Amazon.

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tcpaul (Jan 10, 2019 - 8:21 am)

1. Amazon is not a monopoly in any of its businesses, not online shopping, not cloud, not smart home devices, and not web services. All of those businesses are highly competitive.
2. Amazon is so successful because of the consumer. Consumers love that Amazon makes their lives easier. It's truly a consumer driven business. If you hate Amazon's success, point the finger at the consumer.

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debtslave15 (Jan 10, 2019 - 8:42 am)

Most of the products they sell are cheap Chinese garbage.

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superttthero (Jan 10, 2019 - 9:44 am)

That's because most products are that. Amazon in facts sells almost everything.

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debtslave15 (Jan 10, 2019 - 10:22 am)

True. My point is they don't carry many high end, quality items. Those still must be purchased directly from the retailer, either through their own website or brick and mortar storefront. I put equal blame on the brainwashed proles who gobble the crap up as I do the exploitative companies that sell it.

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trickydick (Jan 10, 2019 - 11:38 am)

I’m not sure why you hate capitalism so much.

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brokelawyer (Jan 10, 2019 - 11:40 am)

His username provides a hint.

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debtslave15 (Jan 10, 2019 - 1:20 pm)

Monopolies are inimical to capitalism.

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gladigotaphdinstead (Jan 10, 2019 - 8:50 am)

I hate him because of his incredibly poor record of philanthropy for a man so rich he gives so little back

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bigwags (Jan 10, 2019 - 9:24 am)

Yeah, for-profit companies acting like UNICEF is a great business model



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gladigotaphdinstead (Jan 10, 2019 - 10:07 am)

I'm talking about personal philanthropy. He just set up a foundation with his soon to be ex wife for $5b. When you're worth $135b, though, you should give back a lot more than 4% of your net worth to charitable causes. If he created a $50b fund he would be elevated in my opinion.

And what is your point? If Toys R Us hadn't made a donation to kids in need then it would still be in business? Ridiculous.

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bigwags (Jan 10, 2019 - 1:11 pm)

5 billion isnt enough? That's nearly the revenue cutoff for q fortune 500 company. Tell me, what should the government do to compel charitable donations?

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gladigotaphdinstead (Jan 10, 2019 - 2:04 pm)

Nothing. That is an oxymoron.

The government should have a wealth tax, which would free the people from having to rely on the simple charity of the wealthy, however.

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onehell (Jan 10, 2019 - 3:12 pm)

Meh. Putting your money into a foundation is meaningless till you see what the foundation actually does. That's why I'm mistrustful of family foundations (and donor advised funds and charitable trusts which have similar issues).

With foundations, the foundation only has to give away 5% per year and you can play all kinds of games with carryovers and set-asides, but you get the tax deduction immediately and the earnings from the foundation's investments aren't taxed at all. You can then use this money that was "donated" to an organization you control to pay bloated salaries to family members who run the foundation. All of a sudden your useless trust fund baby son or daughter's allowance is now tax-deductible, as is the expense of setting up a lavish clubhouse-style office such foundations usually claim to need.

I think tax-exempt status should be reserved for organizations that perform a real, direct service that benefits the poor. When it comes to donors, don't give them the deduction until the money makes its way into the hands of the ultimate grant recipient; the foundation's own (usually inflated) overhead shouldn't get that benefit.

Investing an endowment in some index funds or whatever, and then using the returns to first pay bloated overhead and then cut checks to other charities is not a complex or sophisticated matter that should necessitate the creation of a legal entity, much less a legal entity with its very own tax exemption that can then sit on most of its money indefinitely, money which would otherwise have been taxed and thus would have benefitted the people. And let's be real, where those grants go is often governed by the founder's whims just as much as it would be if he or she had simply cut a check directly to the charity without creating a foundation middleman.

In short, you shouldn't get a deduction for donating to organizations that you or your family members actually or effectively control, especially when the organization just doles out money to other organizations in a manner that could be done with little more than a checkbook. You're supposed to get a deduction for donating money to charity, not just setting it aside to, you know, maybe one day donate some of it to charity, depending on market returns and the need to make up pretend "jobs" for your kids.

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whiteguyinchina (Jan 10, 2019 - 9:59 am)

no hate. hate is such a strong word.

like facebook or google, these companies are not making the world a better place.

the business model is an effective monopoly. concentration of income into less and less hands. there can only be 'one' amazon. it isnt a business model which allows for many players. there is one winner who captures the controlling market share.

its part consumer's fault, part lack of any reasonable regulation or coherence of interests amongst the proles.

proles buy chinese products online from robot warehouses, delivered by drone drops, then scream about no jobs. then feel placated because an op ed in the washington post said automation would let everyone have more time off. they then watch cnn and discuss the wall.

the govt is on the take. hell, amazon has all of their emails and phone calls now. siri, senator barnes is having an affair with whom?

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phosita (Jan 10, 2019 - 11:13 am)

https://en.wikipedia.org/wiki/Amazon_Air

All in, I wonder what is the carbon footprint of Amazon versus the historical carbon footprint of the USA. Like, how far back in time would you have to go for Amazon's present-day carbon emissions to equal those of the whole country?

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gazoo (Jan 10, 2019 - 11:43 am)

People have been hating Amazon since the 90s when Tom Hanks and Meg Ryan made, "You've Got Mail."

Amazon put a lot of bookstores out of business. That was 20 years ago.

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normshow (Jan 10, 2019 - 6:28 pm)

I think the American customer put bookstores out of business through the act of not buying books.

Amazon and other online services are making it possible, for the first time in history, for people to realistically publish, print, and sell their own books. So many people would have had a 0% chance of publishing a book only a few years ago that now have the opportunity to independently compete.

Maybe competition is reduced between Amazon and a defunct bookstore, but competition is infinitely increased among people who want to write and sell books. I hope everyone does not overlook that positive.

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captain (Jan 10, 2019 - 12:28 pm)

I used to like them a lot more. But now I find that I don't trust the reviews and the items I want are cheaper elsewhere.

I don't make a lot of personal, retail purchases however. So I may not be the best judge.

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imoothereforeim (Jan 10, 2019 - 1:09 pm)

I hate Amazon and e-commerce in general. I can't see or feel the products, and 99% of them are crap. But I have no options. Amazon has killed off so many stores, and a few remain carry limited types of items.

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chicagojoe (Jan 10, 2019 - 3:08 pm)

What I hate about Amazon is basically what I hate about the internet and society in general. It's ruined by tastless stupid people buying cheap junk on a super-sized scale. It also promotes consumption based on algorithm and manipulable rating sysyrms rather than curation, which is a terrible change, IMO.

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normshow (Jan 10, 2019 - 6:23 pm)

I don't know the specifics of Amazon so maybe there is corruption or whatever, but monopolies aren't a bad thing if they have earned temporary monopoly status because they're lowering prices and people are voluntarily buying from them.

whiteguyinchina's comment makes it sound like Amazon has conquered the world and we are all now slaves to it, but I think that will be short-sighted in the long run. Who knows if Amazon will still have the same prominence even 10 years from now. Bodybuilding.com still does a lot of business even though you could buy all of the same products on Amazon now. If monopolies aren't enforced through corruption, they don't last forever.

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secondcareerlawyer (Jan 10, 2019 - 9:37 pm)

Amazon allows people to sell their own products. But when the traffic gets too high they offer their own private label version at a lower price to undercut their independent merchants. Scumbags.

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