rbreich , to Random
@rbreich@masto.ai avatar

Half of Amazon warehouse workers struggle with food and housing costs.

A third of the workers have had to rely on at least one government assistance program.

Amazon's stock hit an all time high in April. Jeff Bezos is now worth $203 billion.

This is what oligarchy looks like.

anna_lillith ,
@anna_lillith@mas.to avatar
rbreich , to Random
@rbreich@masto.ai avatar

Airlines have merged from 12 major carriers in 1980 to 4 today.

A handful of companies control the pharmaceutical industry.

Four giants control 80% of meat processing.

The evidence of corporate concentration is everywhere.

And fewer competitors means higher prices for you.

adrianfry ,
@adrianfry@mastodon.scot avatar

@rbreich And still so many left-leaning people buy from Amazon.

Amazon might be slightly cheaper now, but when all of their competitors have been priced out of existence, they'll have total control over the market.

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