Thursday, June 4, 2020
Show TE Archives:
Bill Maher: Jeff Bezos and Amazon are anti-capitalist - what is wrong with this man?

Bill Maher: “New rule: you can’t have so much money that my computer’s spellcheck doesn’t know what to call you. Jeff Bezos is poised to be the world’s first trillionaire, the headline says. Even my phone was like, ‘That can’t be right".

"I’m a capitalist to my core, but when a company gets so big it smothers all competitors in the crib, that’s anti-capitalist. Like when Amazon destroyed the startup by cutting Amazon’s own diaper costs below cost. By one estimate, Bezos lost $100 million in his quest to corner the online diaper market. But he owns it now. Which raises the question: What is wrong with this man?"

Click on the headline and read the rest of the story.