Comments by "Life\x27s Adventures" (@bigphillyed) on "One of America’s Largest Unions Is Joining the Fight Against Amazon" video.
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@jordzzzzzzz so your saying there is a limit to how much an entrepreneur can make? By your ideologies, we should have federally mandated minimum and maximum wages? Sounds like that would work out just great, sounds like your liberal communism is showing. Jeff Bezos took all the risk, and started selling books from his garage, in the house him and his wife had three mortgages. Yet he should just give his hard earned money away to warehouse workers with no desire to create or move up. How about this, were gonna take $1.00 per hour out of your pay check so that we can give it to co-workers below you. I mean that's what your demanding Jeff do. Do you even know what Amazon's net profits are each year across all divisions? No you don't! At the end of the day, when its all said and done, Amazon is lucky to net 4 - 6%. Out of that nets, money is used for shareholders, investments within the company. Just because you werent smart enough to create Amazon, doesn't mean Bezos should give away his hard earned money, you don't do it now.
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@jordzzzzzzz well that escalated quick! Triggered much? By the way if you're gonna lable someone a derogatory term, make sure you're using the right information. As I said in my comment, you zero understanding of the realities of big business. Let see, where to start!
In 2020 Amazon net profits were exaclty 21.33 billion dollars, not 29 billion. When you are one of the largest companies in the entire world that 7.67 billion is huge. Now obviously your young, immature work experience, doesn’t afford you enough knowledge about Amazon. Normally Amazon is in the 10 - 13 billion per year profits. Covid19 brought Amazon to the 2020 massive increase in net profits. One thing you're so naive about with Amazon. Is that Amazon just doesn't sell products online. The have stakes in global network infrastructure, they are one of the top cloud providers, recently moved into space exploration for technology use, physical brick and mortar retail locations, digital streaming services, technology education, lesder in artificial intelligence, market research, technology research, proving broadband internet access, their financial support to homeless organizations, Amazon smile, green and smart technology.
All these different fingers of Amazon need funding to accomplish, and net proceeds are used to fund research and development for so many different industries. When you put everything down on the table, Amazon's typical $12 billion dollars doesn’t go very far. It only takes one bad expensive project to happen, and their net profits could be crippled.
All I can say to you, is Amazon has done far more good things, then bad, including their warehouse workers. You need to look at the big picture, and stop being afraid of a little hard dedicated work. By the way, grow up!
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