<story><title>Jeff Bezos’ Dystopian Legacy Goes Far Beyond Amazon</title><url>https://thewire.in/tech/jeff-bezos-dystopian-legacy-goes-far-beyond-amazon</url></story><parent_chain><item><author>shmageggy</author><text>They&amp;#x27;re in no danger of running out of people to employ. Social safety nets are too weak and economic conditions for the poor are too precarious that there are plenty of people willing to endure abusive conditions for a paycheck. The high turnover rate only ensures that they end up employing the most desperate and vulnerable.</text></item><item><author>MattGaiser</author><text>Isn&amp;#x27;t Amazon&amp;#x27;s fear of running out of people a sign of the market correcting this?</text></item></parent_chain><comment><author>breakfastduck</author><text>I mean, they&amp;#x27;ve literally been discussing this as a risk themselves internally, so I&amp;#x27;m not sure how you can be so sure of that.</text></comment>
<story><title>Jeff Bezos’ Dystopian Legacy Goes Far Beyond Amazon</title><url>https://thewire.in/tech/jeff-bezos-dystopian-legacy-goes-far-beyond-amazon</url></story><parent_chain><item><author>shmageggy</author><text>They&amp;#x27;re in no danger of running out of people to employ. Social safety nets are too weak and economic conditions for the poor are too precarious that there are plenty of people willing to endure abusive conditions for a paycheck. The high turnover rate only ensures that they end up employing the most desperate and vulnerable.</text></item><item><author>MattGaiser</author><text>Isn&amp;#x27;t Amazon&amp;#x27;s fear of running out of people a sign of the market correcting this?</text></item></parent_chain><comment><author>yossarian1408</author><text>It helps that a minimum wage and absurd regulation conspire to eliminate a good size of firms that would otherwise be competing in a fair labour market. And let&amp;#x27;s not get started on the taxes that small and medium sized businesses have to pay, and that Amazon is exempt from.&lt;p&gt;Raising social safety nets would only lead to inflation, and so now you need to put a price ceiling on essential goods&amp;amp;services, which leads to a shortage, and now you&amp;#x27;re in a bigger mess than when you started. Inflation and shortages in the long term does &lt;i&gt;not&lt;/i&gt; lead to growth, it leads too stagflation.&lt;p&gt;In this instance, where there is a failure in the labour market, you don&amp;#x27;t actually have to &amp;#x27;fix&amp;#x27; it, you just have to give a fair labour market a chance.</text></comment>