Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Activists Target Amazon

edited November 2019 in The OT Bullpen
Interesting article from Tuesday’s NYT. https://www.nytimes.com/2019/11/26/technology/amazon-grass-roots-activists.htmlI I was struck more by the size and impact Amazon has on the U.S. economy than by the attempts by the Activists to exact change.

Findings of an Economic Roundtable Report:

- 50% of American households have an Amazon Prime account.

- “Amazon workers and Amazon customers exist in two different worlds. ... A little over half of Amazon warehouse workers in Southern California live in substandard housing. And for every $1 in wages, they receive 24 cents in public assistance.”

- “Every day, ships, trucks, trains and airplanes bring an estimated 21,500 diesel truckloads of merchandise to 21 Amazon warehouses in the four-county (Southern California) region. (The report) calculated that Amazon trucks last year created $642 million in ‘uncompensated public costs’ for noise, road wear, accidents and harmful emissions.”
Sign In or Register to comment.