Amazon.com, Inc.: Difference between revisions

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[[File:Amazon logo.png|thumb|Logo of Amazon Inc.]]
{{Infobox company|name=Amazon.com, Inc.|image=Amazon logo.png|founding_name=Cadabra, Inc.|founding_date=July 5, 1994|founding_place=Bellevue, Washington, [[United States]]|founder=Jeff Bezos|industry=E-commerce, digital distribution, supermarket|headquarters=Seattle, Washington|employee_number=1,608,000<ref name="10K2021">{{News citation|newspaper=United States Securities and Exchange Commission|title=Form 10-K: AMAZON.COM, INC.​|date=2022-02-04|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1018724/000101872422000005/amzn-20211231.htm}}</ref>|ownership=Jeff Bezos (14.0%)<br>[[The Vanguard Group, Inc.]] (6.4%)<br>[[ BlackRock, Inc.]] (5.5%)<ref>{{News citation|newspaper=United States Securities and Exchange Commission|title=AMAZON.COM, INC.​|date=2021-05-26|url=https://www.sec.gov/Archives/edgar/data/1018724/000110465921050333/tm2035374-1_def14a.htm#tBOOS}}</ref>|revenue=US$469.822 billion (2021)<ref name="10K2021"/>|net_income=US$33.364 billion (2021)<ref name="10K2021"/>|total_assets=US$420.549 billion (2021)<ref name="10K2021"/>}}
'''Amazon.com, Inc.''' is a [[Statesian]] monopolistic megacorporation. Led by the [[Bourgeoisie|billionaire-oligarch]] [[Jeff Bezos]], it holds a hegomonic hold over the transportation of goods in the United States of America, and is one of the largest perpetrators of worker-exploitation in the Western World.<ref>{{News citation|author=Jon Henley, Ed Pilkington|newspaper=The Guardian|title=Divide and rule|date=2008-2-26|url=https://www.theguardian.com/politics/2008/feb/26/tradeunions.workandcareers|retrieved=2022-6-11}}</ref>
'''Amazon.com, Inc.''' is a [[Statesian]] monopolistic megacorporation. Led by the [[Bourgeoisie|billionaire-oligarch]] [[Jeff Bezos]], it holds a hegomonic hold over the transportation of goods in the United States of America, and is one of the largest perpetrators of worker-exploitation in the Western World.<ref>{{News citation|author=Jon Henley, Ed Pilkington|newspaper=The Guardian|title=Divide and rule|date=2008-2-26|url=https://www.theguardian.com/politics/2008/feb/26/tradeunions.workandcareers|retrieved=2022-6-11}}</ref>


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With the [[COVID-19 pandemic|Covid-19 Pandemic]], the conditions for the workers of Amazon saw a horrific decline. In spite of Covid spreading rapidly in areas near Amazon workplaces, the workers were nonetheless forced to work unpaid overtime<ref>{{News citation|author=Charles R. Davis|newspaper=Businessinsider.com|title=Amazon set to end 'unlimited unpaid time off' policy|date=2020-4-22|url=https://www.businessinsider.com/amazon-set-to-end-unlimited-unpaid-time-off-policy-2020-4|retrieved=2022-6-11}}</ref>, without adequate protective gear, and sometimes in brutal heat.<ref>{{News citation|author=Lauren Kaori Gurley|newspaper=Vice.com|title=Amazon Workers Describe 'Excessive Heat,' 'Fainting' in NYC Warehouse|date=2021-7-8|url=https://www.vice.com/en/article/88nv7g/amazon-workers-describe-excessive-heat-fainting-in-nyc-warehouse}}</ref> However, Jeff Bezos and his clique of investors, removed from the struggles of their workers, were able to benefit greatly from the pandemic.<ref>{{News citation|author=Chuck Collins|newspaper=Institute for Policy Studies|title=U.S. Billionaires Got 62 percent Richer During Pandemic. They’re Now Up $1.8 Trillion.|date=2021-9-24|url=https://ips-dc.org/u-s-billionaires-62-percent-richer-during-pandemic/}}</ref><ref>{{News citation|author=Mark John|newspaper=Reuters.com|title=Pandemic boosts super-rich share of global wealth|date=2021-12-7|url=https://www.reuters.com/business/pandemic-boosts-super-rich-share-global-wealth-2021-12-07/|retrieved=2022-6-11}}</ref>
With the [[COVID-19 pandemic|Covid-19 Pandemic]], the conditions for the workers of Amazon saw a horrific decline. In spite of Covid spreading rapidly in areas near Amazon workplaces, the workers were nonetheless forced to work unpaid overtime<ref>{{News citation|author=Charles R. Davis|newspaper=Businessinsider.com|title=Amazon set to end 'unlimited unpaid time off' policy|date=2020-4-22|url=https://www.businessinsider.com/amazon-set-to-end-unlimited-unpaid-time-off-policy-2020-4|retrieved=2022-6-11}}</ref>, without adequate protective gear, and sometimes in brutal heat.<ref>{{News citation|author=Lauren Kaori Gurley|newspaper=Vice.com|title=Amazon Workers Describe 'Excessive Heat,' 'Fainting' in NYC Warehouse|date=2021-7-8|url=https://www.vice.com/en/article/88nv7g/amazon-workers-describe-excessive-heat-fainting-in-nyc-warehouse}}</ref> However, Jeff Bezos and his clique of investors, removed from the struggles of their workers, were able to benefit greatly from the pandemic.<ref>{{News citation|author=Chuck Collins|newspaper=Institute for Policy Studies|title=U.S. Billionaires Got 62 percent Richer During Pandemic. They’re Now Up $1.8 Trillion.|date=2021-9-24|url=https://ips-dc.org/u-s-billionaires-62-percent-richer-during-pandemic/}}</ref><ref>{{News citation|author=Mark John|newspaper=Reuters.com|title=Pandemic boosts super-rich share of global wealth|date=2021-12-7|url=https://www.reuters.com/business/pandemic-boosts-super-rich-share-global-wealth-2021-12-07/|retrieved=2022-6-11}}</ref>


== References ==
==References==
<references />
<references />

Revision as of 10:38, 11 June 2022

Amazon.com, Inc.
Founded
Cadabra, Inc.

July 5, 1994
Bellevue, Washington, United States
FounderJeff Bezos
IndustryE-commerce, digital distribution, supermarket
HeadquartersSeattle, Washington
OwnershipJeff Bezos (14.0%)
The Vanguard Group, Inc. (6.4%)
BlackRock, Inc. (5.5%)[1]
Number of employees1,608,000[2]
RevenueUS$469.822 billion (2021)[2]
Net incomeUS$33.364 billion (2021)[2]
Total assetsUS$420.549 billion (2021)[2]

Amazon.com, Inc. is a Statesian monopolistic megacorporation. Led by the billionaire-oligarch Jeff Bezos, it holds a hegomonic hold over the transportation of goods in the United States of America, and is one of the largest perpetrators of worker-exploitation in the Western World.[3]

As is expected with capitalists, Amazon commonly engages in "lobbying" (bribery) with the already plutocratic American government. Amazon's main efforts with their "lobbying" commonly include retarding labor rights, having their puppets in the American government pass laws which better permit their tax-evasion, and overall cementing their place as a monopoly, at the expence of their laborers, of course.[4][5][6]

With the Covid-19 Pandemic, the conditions for the workers of Amazon saw a horrific decline. In spite of Covid spreading rapidly in areas near Amazon workplaces, the workers were nonetheless forced to work unpaid overtime[7], without adequate protective gear, and sometimes in brutal heat.[8] However, Jeff Bezos and his clique of investors, removed from the struggles of their workers, were able to benefit greatly from the pandemic.[9][10]

References

  1. "AMAZON.COM, INC.​" (2021-05-26). United States Securities and Exchange Commission.
  2. 2.0 2.1 2.2 2.3 "Form 10-K: AMAZON.COM, INC.​" (2022-02-04). United States Securities and Exchange Commission.
  3. Jon Henley, Ed Pilkington (2008-2-26). "Divide and rule" The Guardian. Retrieved 2022-6-11.
  4. "Client Profile: Amazon.com" (2021). Opensecrets.org.
  5. Tony Romm (2014-6-8). "On Amazon's list: D.C. influence" Politico.com.
  6. Jeffery Dastin, Chris Kirkham, Aditya Kalra (2021-11-19). "Amazon wages secret war on Americans' privacy, documents show" Reuters.com. Retrieved 2022-6-11.
  7. Charles R. Davis (2020-4-22). "Amazon set to end 'unlimited unpaid time off' policy" Businessinsider.com. Retrieved 2022-6-11.
  8. Lauren Kaori Gurley (2021-7-8). "Amazon Workers Describe 'Excessive Heat,' 'Fainting' in NYC Warehouse" Vice.com.
  9. Chuck Collins (2021-9-24). "U.S. Billionaires Got 62 percent Richer During Pandemic. They’re Now Up $1.8 Trillion." Institute for Policy Studies.
  10. Mark John (2021-12-7). "Pandemic boosts super-rich share of global wealth" Reuters.com. Retrieved 2022-6-11.