Owning 18% of a traded company is essentially owning the board.
All Amazon would have to do is say it " wants this, if you don’t do it, we’re gonna short you to shit, then ensure the short by liquidate our stock", thus tanking the price, potentially bankrupting the company.
Isn’t that how Amazon’s dealt with most of their competition? Bezos was a futures trader before starting the company, I bet you dollars for donuts any critical investigation would yield evidence Amazon abused its position for the last 2 decades. It’s impossible to ethically defend billionaires already (definitionally not possible, ethics is morality applied from macro to micro, so the individual to the sum of individuals, or, society. Good ethics continue civilization, bad ethics, don’t. Money being zerosum, hording it has more negative effects on the whole, society, than benefits. Thus unethical) there’s absolutely no way you can ethically source a dragons horde.
They have many owners. Amazon has 18%, and a big Saudi firm is next in line at 13%. They are not a subsidiary of Amazon.
Owning 18% of a traded company is essentially owning the board.
All Amazon would have to do is say it " wants this, if you don’t do it, we’re gonna short you to shit, then ensure the short by liquidate our stock", thus tanking the price, potentially bankrupting the company.
Isn’t that how Amazon’s dealt with most of their competition? Bezos was a futures trader before starting the company, I bet you dollars for donuts any critical investigation would yield evidence Amazon abused its position for the last 2 decades. It’s impossible to ethically defend billionaires already (definitionally not possible, ethics is morality applied from macro to micro, so the individual to the sum of individuals, or, society. Good ethics continue civilization, bad ethics, don’t. Money being zerosum, hording it has more negative effects on the whole, society, than benefits. Thus unethical) there’s absolutely no way you can ethically source a dragons horde.