Re:Jeff Bezos’s Wealth Soars to $171.6B to Top Pre-Divorce R...
by ben_w on Saturday July 04, 2020 @02:54PM
(#23734162)
I am aware the shares operate like that, and that this is still the case even though he is cashing in enough to run a space program as a hobby. It is nevertheless a bad look for him to run a space program with pocket change while fighting against internal efforts to unionise his workforce.
To steal a cliché from a different sector, I believe that when a corporation is “too big to fail” is becomes a threat to the governments which it operates under and the societies which it operates in. There are many ways to manage this risk, and I am not qualified to study their pros and cons — taxation is a simple solution, and I will accept that simple solutions are probably bad solutions. This does not mean that there are no better solutions.
To steal a cliché from a different sector, I believe that when a corporation is “too big to fail” is becomes a threat to the governments which it operates under and the societies which it operates in. There are many ways to manage this risk, and I am not qualified to study their pros and cons — taxation is a simple solution, and I will accept that simple solutions are probably bad solutions. This does not mean that there are no better solutions.