[Marxism] Fwd: Whole Foods Becomes Amazon Hell Foods as Employees, Managers Quit, Cry on the Job....and These People Want to Run Your Healthcare? | naked capitalism

Andrew Pollack acpollack2 at gmail.com
Thu Apr 26 07:03:10 MDT 2018


Delete Your Account: On the Theory of Platform Capitalism

https://lareviewofbooks.org/article/delete-your-account-on-the-theory-of-platform-capitalism/
Among the books under review is Nick Srnicek's which I had previously
commented on.

On Mon, Feb 5, 2018 at 9:39 AM, Andrew Pollack <acpollack2 at gmail.com> wrote:

> By coincidence today's Times has an article on Amazon's investing strategy:
> https://www.nytimes.com/2018/02/04/technology/amazon-asked-
> for-patience-remarkably-wall-street-complied.html?ref=todayspaper
>
> On the face of it Amazon's interest in plowing profits into corporate
> development rather than dividends makes sense in corporate terms, and has
> historical precedent.
>
> On the other hand, as explained in Nick Srnicek's "Platform Capitalism,"
> such development won't exempt Amazon et al. from the pressures of
> capitalist competition.
>
> P.S. I'm glad the article mentions cloud computing, the focus of Amazon
> Web Services. For all the coverage of consumer purchasing, AWS is more
> significant for Amazon's desire to be a dominant player in the economy.
>
>



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