Amazon: Taking Over the Global Economy

The World According to Amazon

Directed by Adrian Anon and Thomas Larfarge

Film Review

In this documentary, filmmakers express grave concerns about Amazon corporation assuming monopoly control over the entire global market place. At present the company has three million customers across five continents. Amazon founder and CEO Jeff Bezos is the world’s first centibillionaire.

Amazon destroys two jobs for every one it creates. Owing the monopoly’s power to undercut all competitors, it is largely responsible for the closure (over 10 years) of 85 small businesses and 35,000 small and medium size manufacturers.

Amazon controls half of online US commerce and leads the market in sales of books, electronics, personal care products, DVDs toys, and clothing (which it also manufactures). It also sells drugs, insurance, video on demand, music streaming, video games, and cloud data storage. I was surprised to learn that 60% of Amazon’s profits derive from its 120 data centers, which host web servers in addition to providing cloud storage.

Jeff Bezos also owns The Washington Post, Whole Foods, and Blue Origin, a private rocket manufacturer and spaceflight services company.

Bezos’ immense wealth affords him immense political power. Last year, he forced Seattle City Council to repeal a $275 per employee tax on the city’s largest companies to fund an emergency housing program.*

Largely thanks to Amazon, which has its headquarters there, Seattle has the highest per capita homeless rate in the US. At present, 1,000 people move to Seattle every week, most to work for Amazon. With no possible way for the city’s housing market to keep up, this pushes many existing residents (who can’t afford 10% year rent increases) onto the streets.

Bezos’ steady takeover of the global marketplace receives little mainstream media attention. The only serious push back he has received has been from striking German unions and from Dehli merchants determined to keep Amazon out of India. Owing to its immense monopoly power, Amazon can afford to operate (for years) at a loss in India. Dehli merchants, who are a major base of support for Narenda Mohdi’s BJP party, are busy organizing national bus tours to warn other small business owners of the risk Amazon poses to their survival.

Unlike Europe, where Amazon faces no major competition, both Flipkart (started by two former Amazon employees) and Paytm (a subsidiary of China’s giant e-commerce platform Alibaba) are both major competitors in India.


*Bezos, who initially agreed to the tax, changed his mind 24 hours after the city council enacted it unanimously.

Anyone with a public library card can see the documentary free on Kanopy. Type “Kanopy” and the name of your library into your search engine to register.

5 thoughts on “Amazon: Taking Over the Global Economy

  1. I recall that he once said in an interview that his goal is to make Amazon the platform for the online global marketplace. The greed and power of the Empire of which he is a part. Does he also own land with a luxury bunker in New Zealand?

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  2. Pingback: Amazon: Taking Over the Global Economy | canisgallicus

  3. Thanks for the review. Amazon, Google, Facebook, Tesla, and much else not the product of bootstrap creation from private initiative and genius, but that of the military/DARPA (and CIA) industrial complex programs. Adam Smith to be forgotten; the few to be remaining, those with absolute power, will rule a soulless world if successful. And our tax dollars are paying our future poverty and great “population reduction.”

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  4. According to my understanding, the laws of mathematics will prevent them from succeeding. Computer scientists have sent up complex games between robber computers and good computers who help each other against the robber computers. The computers that share resources always win.

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