> Why is this not a condemnation of Amazon?
this is a feature unique to capitalism not just Amazon.
this is a feature unique to capitalism not just Amazon.
The direct blowback on the individual company is pretty small. Would you ever find out if a manager you were interviewing with had done that? Or a startup?
The US was more efficient when companies treated employees better, and when companies were like a community who took care of each other. But, as an individual manager, and even more so as a company, I come out ahead if I treat employees more aggressively.
Better transparency would help. If employees could see company financials, it would solve a world of hurts. The information asymmetry is a lot of what leads to inefficient markets here.