Comments by "" (@jmitterii2) on "Amazon Is Paying Employees to Tweet Positive Stories" video.

  1. What generally happens, he got lucky. All the teams in his business worked well, customers were attracted to buy since he was among the few last standing online retailers after the dot com bust, he had essentially had no competition. He got lucky. He was the last sick dog standing. But you have one giant enterprise now is no different than the hideousness of having one government ran monster. They're both monsters. We need labor standards to get rid of this return to robber baron feudalism. WE need a co-op business system. Abandon the idiocy of an aristocracy on capital formation, in the end the borrowed money we use today by the aristocracy is by the government anyway, just let the government lend directly to co-ops with viable ventures at a discount... like they do today with all the private banks and credit unions.
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  2. At this point, now understanding the concept of a Co-Op controlled enterprise, I would turn it into an employee co-op where all employees regardless of position have voting rights to the board on all topics of operating, revenue, capital expenses, leadership, management, supervisors, safety, wage/salaries, dividend, etc. And profit sharing becomes implicit at that point, because the usual crumbs of 5% to 20% of labor gets of profits (ONLY IF you add it back to profits then take the percentage, because labor in today's business is a cost, not profit sharing, not a stakeholder) could easily get double compensation (that includes not just wages/salaries, but retirement accounts, uniforms, company paid portion of premiums) could be doubled, and these businesses would still be walking away with 90% to 60% of the profits (again when you assume the total cost of labor including payroll tax back toward profits, because presently its not, total cost of labor is an expense computed before net profits are calculated). We're being screwed hard, and Amazons and Walmarts of the world are contributing to a return to robber baron feudalism.
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  3. Let's save the billionaires money, stick them in a crematorium, put their ashes in an urn, the urn in a NASA funded rocket that has a trajectory toward Mars. There. Cheap. We could do it now. With out spending even close to $1 billion of his $164 billion: Atlas V rockets that have sent Curiosity Rover to Mars launches cost depending on configuration from $109 to $150 million. 0.09% It's not even 0.1% of his net worth. Let's do it.
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