Even Amazon must heed the basic laws of politics and economics | Larry Elliott
https://www.theguardian.com/technology/2018/oct/02/even-amazon-must-heed-laws-politics-and-economics
Tech giant’s minimum wage rise more to do with looming labour shortage than philanthropy
Amazon is a trillion-dollar company run by the world’s richest man. It has come from nowhere to be an online behemoth in less than one-quarter of a century. Yet even the biggest company, this behemoth of behemoths, is vulnerable to concerted political pressure and has to live with the basic laws of demand and supply.
Even Amazon must heed the basic laws of politics and economics | Larry Elliott
Oct 3, 2018, 9:24am UTC
https://www.theguardian.com/technology/2018/oct/02/even-amazon-must-heed-laws-politics-and-economics
> Tech giant’s minimum wage rise more to do with looming labour shortage than philanthropy
> Amazon is a trillion-dollar company run by the world’s richest man. It has come from nowhere to be an online behemoth in less than one-quarter of a century. Yet even the biggest company, this behemoth of behemoths, is vulnerable to concerted political pressure and has to live with the basic laws of demand and supply.