Amazon - fulfilment centre - Hemel Hempstead

Amazon is everywhere

Amazon profits soar as Trump grumbles in the background

Amazon is doing better than ever on its profit margins, and to celebrate, it's charging us more for Amazon Prime. Thanks guys.

What it means: The news came out today that Amazon's sales have jumped by 43% in the past few months, upping the net worth of its owner, Jeff Bezos, by $8 million. They're also bumping up Amazon Prime to $119 from $99, because, well, people are probably gonna keep subscribing anyway.

Amazon have been in the news a lot recently as the burst into virtually every nook and cranny of the economy – once a simple online bookshop, they're shipping groceries to people's doorsteps, delivering pretty much anything faster than it takes to go to a shop, and partnering up with JP Morgan Chase and Berkshire Hathaway to sell medical supplies and come up with a new way of managing health benefit costs for employees.

Trump (come on, we couldn't get much further without mentioning him or Brexit) isn't so happy with Amazon's rise. He says they're damaging the US Postal Services' ability to operate, and that the Washington Post, which Jeff Bezos owns, is acting as a mouthpiece for the company. Amazon is basically waging two battles: state vs massive corporation, and massive corporation vs local businesses. Needless to say they seem to be winning both.

Recent articles

Reader Comments

  • RW

    Your right to a degree. You mentioned “the wandering Jew”.

    I elaborate that the Jewish people, historically have tended to migrate almost exclusively to locations that are economically and culturally vibrant already. I would speculate that Jews have thrived in these places and have often improved the bounds of their economies and knowledge base.

    You can also ask; how many massive entertainment conglomerates, Nobel winners or billionaires has Isreal developed? If Jews are so capable, why isn’t Tel Aviv the Rome of our time?

    Jews are successful because they value education, maintain a strong social cohesive, they actively monitor and have a good sense for Zeitgeist wherever they are and they carefully choose the places they settle and congregate themselves heavily in these choice locations.

    But most importantly (haulocaust increased the importance of this aspect), they actually designed their culture for success. They not only attend Harvard, they use what they learned to better the group as a whole. With as much, they studied intricate networking systems, adapted to it and in many cases improved upon them. (See how Japan acquired Aegis warships and made them better).

    Of course there is nothing wrong with any of this. It’s when you elaborately gain disproportionate power in any society where you would stand out, you must take care when attempting to make a society better (Civil Rights movement) and rewriting that society all together (mass immigration). Ask blacks in China, Mexico, Philippines or India how much opportunity they have? Go to businesses owned by their American diaspora and see how many blacks they hire. Go to Silicon Valley and see how many East or South Asian tech workers wish they could work with more black people. California might work as a state, but as a nation, I think your rolling the nuclear dice here. I hope we can succeed as a tolerant pluralistic superpower but at this stage in human societal development, it’s a pipe dream.

    And if Jews really are the icon for success, they would see that fundamental human successes happen over generations. Just look at the rest of the planet? Are we ready?