Bezos will be a trillionaire by 2025

To all the guys telling us "So what? Its fine for him!"

Just realize where his wealth came from. Money from nothing? Nope. Money out of your pockets, buying things from amazon.

a reply to: ManFromEurope

Just realize where his wealth came from. Money from nothing? Nope. Money out of your pockets, buying things from amazon.

So we should pay more for things, or perhaps go without things, just because Bezos made a lot of money?

Do you realize how silly that sounds?

TheRedneck

This is pathetic

This economy is totally broken and people go on all day defending it blindly to adhere to a narrative without realizing the consequences of it

We need to bankrupt more college students and seniors so 8 assholes can be on top of the world

a reply to: toysforadults

Have you thanked a rich person lately..

This is the very definition if a monopoly....which there are laws to deal with. I think Amazon jeeds reigned in because the high streets are drying up. Capitalism needs adjustments every now and then. Otherwise you get the Vanderbilts, Rockefellers and Carnegies running the entire show.

Peronally, i think a 10% federal tax should be imposed on all internet sales. Those funds could easily go to fund health care for all, OR a massive investment in infrastructure. Plus it would protect mom n pops.

a reply to: lakenheath24

Excellent assessment..

Capitalism requires a free market economy to succeed.

In a purely free market economy Trillionaires and quadrillionaires are fine and dandy. America does not have a free market economy nor does it have a command economy. It has a mix of these two and so the government placing regulations on these kind of practises are a direct result of who we elect into power...

I think the 10% federal tax is an excellent suggestion.

Peace

originally posted by: notsure1
yes lets look at Toys R us. Bezos single handedly put them out of business..

ToyRus put themselves out of business with over a decade of very poor business decisions.

As to you lamenting Bezos his billions keep in mind the vast majority is tied to stock valuations that he cannot just up and sell without eroding the stock value and tanking the company. Not that he still isnt fantastically wealthy but he'd never be able to sell it all off and still maintain that paper value of his shares.

originally posted by: lakenheath24

This is the very definition if a monopoly....which there are laws to deal with. I think Amazon jeeds reigned in because the high streets are drying up. Capitalism needs adjustments every now and then. Otherwise you get the Vanderbilts, Rockefellers and Carnegies running the entire show.

The Vanderbilt's never had a monopoly, their railroad wasn't even the largest in the region at its peak. Carnegie, who helped form U.S. Steel also did not have a monopoly.

Robberbarron apologism sure is something to behold.

'The Money' itself being discussed here isnt exactly 'The Issue', which is about it what it represents: obliterated potential opportunity & liberty for all in this technocrat driven road to serfdom. Its the finest sort of representation of 'The Darkside of Capitalism', which history has shown when gone full bore like when Socialism stampedes into full blown Communism, the end results becomes less and less distinguishable.

Now everyone go kneel at the alter of Google, Amazon and FACEbook. Dont worry no "monopolies" there as other website are allowed to exist. Nevermind if no others have any hope whatsoever of attempting to compete with the likes of them. No need for Anti-Trust Suits. Now go prey to Alexa. Confess to it. Give it twelve Hail Amazon's, and go have a fine day at your job today, while you still can, before Google & Amazon robots take it away.

a reply to: IgnoranceIsntBlisss

It"s a new kind of monopoly for the digital economy....

Peace

Why does anyone need that much money??? You can't take it with you when you die and you can't spend it all.

There has to be a limit to what one person can attain. One person with that much wealth is ludicrous.

I am Not a huge amazon.com fan . But Where I live , the southern end of the Florida keys , we don't have many stores .We have more bars and churches ....So you rely on Amazon to get what you can't find anywhere down here .

Literally we are closer to Cuba then any Walmart . ... I don't shop in walmart either , but the point is I'd have to drive 3 hours north ( one way ) to the nearest Walmart . And , alittle farther for a bed bath beyond , target , Macy's , etcetera ....the only stores here for home goods are Home Depot , Kmart , sears , and a new TJ max .

That may sound like a lot , but it's not . Not for the amount of people that live here , vacation here , and snow bird here in the winters ...And when You need a beer cooler for fishing and no one has one , or you need a shower curtain , Christmas tree, pillows , Tupperware , and no one has it .... It's pretty frustrating .

Not to mention I am still homeless from hurricane Irma and hope to Finally be back In my home in a month ....and I still will not be able to find certain home Goods etc ... So I will have to order from amazon .

Amazon for most people Has become a convenience thing ... Click a button and it will arrive soon .... For me , it's become a the ability to get even basic items . ... Op I understand Amazon is putting out small Business owners .... And I feel
For you .... personally I think a lot of things on Amazon are higher priced then in the store .

Amazon has tapped into the the laziness of society and/or the busy and lonely part of society where they can deliver to you , save you time , save you energy and make it feel Like your getting a gift in the mail.... Just my opinion .

originally posted by: WarPig1939
Why does anyone need that much money??? You can't take it with you when you die and you can't spend it all.

It"s called the American dream...each person has the right to pursue his or her own idea of happiness. I believe in this concept. For some it"s having a lot of money....

There has to be a limit to what one person can attain. One person with that much wealth is ludicrous.

And that limit would be?

The real question is wether or not this is a monopoly and wether or not compitition has a fair chance...

Peace

True that....it was 2 thoughts going on there. JP Morgan was the big dude FDR was after I believe.
Un fotunately the laws dont keep up with the technology. But I still see Amazon as a monopoly




a reply to: AugustusMasonicus

His net worth is over 150 billion , he has skyrocketed past Bill gates at 94 billion.

Which primarily only exists in the digital world.

As we all saw in the 'financial crisis' that can turn on a dime instantly.

Amazon has a gross revenue of $177 billion dollars.

But it only nets $3 billion.

Amazon

Bezos still has a very long way to go to becoming a trillionaire.

originally posted by: lakenheath24

True that....it was 2 thoughts going on there. JP Morgan was the big dude FDR was after I believe.

Morgan was dead by the time Franklin Roosevelt became President.

Un fotunately the laws dont keep up with the technology. But I still see Amazon as a monopoly
.

Except they're not, you can purchase all of those products elsewhere. I use Amazon once a year when people sadly give me gift cards to the site for my birthday, otherwise I buy elsewhere and can get the same products at similar prices. I prefer eBay over Amazon as I think Amazon's search algorithms suck and I can negotiate on eBay.

originally posted by: Bhadhidar
A trillionaire in seven to eight years?

Bezos must be a really great businessman.

So, if he ran for, say President, he’d be a really good President.

Maybe the best President ever!

Better than just a billionaire, right?

Bet Bezos plays 400 dimensional chess!

Why would he, imagine that life.. yatchs, luxury, feasts, travel dripping opulance..

for him to give up something like that to be a politician, so you are ridiculed and torn down at every step...

seems bloody crazy!!!

.... unless he's deeply patriotic and just cant stand to see his nation melt down

At some point it is no longer about money....and becomes power. Most businesses strive to become a monopoly....even the mom and pops. Most never get close. Apple and android are monopolies as there is a bar for new systems to enter and compete.
a reply to: WarPig1939

originally posted by: lakenheath24
Apple and android are monopolies as there is a bar for new systems to enter and compete.

'Mono' means 'one', Apple and Android are two so therefore not a monopoly.

a reply to: AugustusMasonicus

Untill of course they buy up Ebay...

Peace