Why Amazon’s Quest for Online Dominance Is Destructive
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FEATURING STACY MITCHELL – The capabilities of the Internet have unleashed never-before-seen phenomena particularly for corporations, and especially in the retail sector. Brick and mortar stores have found their online sales eclipsing in-person sales. But the one major company that started out as a purely online seller has taken its aggressive retail practices to new heights.
Amazon, which started out as a book seller helping to push independent and corporate bookstores out of business – has now become a place where a growing percentage of Americans are shopping for everything from clothing and shoes to groceries. But the price we as a society pay for Amazon becoming the seller of everything is one we may not be able to afford.
Read Stacy Mitchell’s latest article in The Nation entitled, “Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market” HERE, and for more information about her work, visit www.ilsr.org.
Stacy Mitchell, co-director of the Institute for Local Self-Reliance, where her research focuses on economic concentration and the health of local economies. Her recent reports include “Amazon’s Stranglehold” (co-authored with Olivia LaVecchia) and “Monopoly Power and the Decline of Small Business.” Her latest article in The Nation is entitled, “Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market”.
**This segment was originally broadcast on February 27, 2018.