Amazon is an American multinational technology company based in Seattle, Washington.
Which focuses on e-commerce, streaming, and AI, etc.
It is one of the Big Five companies in the U.S. information technology industry.
The company has been referred to as “one of the most influential economic and cultural forces in the world”, as well as the world’s most valuable brand.
Table of Contents
Current performance
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Since being established in 1994, Amazon is probably one of the companies who’ve fared extremely well; Making its owner Jeff Bezos the richest man in the world.
It started off as an online delivery portal which soon developed into covering various bases.
From food to entertainment, amazon has spread its base so far wide that it’s covering everything.
Considering the range amazon has, it’s not much of a surprise that currently it’s the second-largest private employer in the United States.
Also making it one of the world’s most valuable companies.
But the question is, Why are there so many controversies regarding Amazon recently?
Controversies
Amazon has been criticized for practices including technological surveillance overreach, a high-competitive, and demanding work culture, tax avoidance, and anti-competitive behavior, etc.
Amazon On Environment Environment
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in 2018, Amazon had released 44.4 metric tons of CO2.
In 2019, amazon workers organized a walk-out; They had 3 main demands-to stop donating to politicians and lobbyists that deny climate change, stop working with fossil fuel companies to accelerate oil and gas extraction, and achieve zero carbon emissions by 2030.
Workers
At the same time, many high-tech workers were reporting that working conditions inside Amazon warehouses were a source of shame.
By 2020, during the pandemic, Amazon’s share price soared by almost 40% in April, as consumers turned to the multinational to provide everything they needed under lockdown.
In response, workers argued that it put even more stress on warehouse staff to deliver not only more goods but under harder conditions in line with new Covid-19 conditions.
Disregarding the amount cut off from the suppliers and producers for a minute.
Even now there’s no possible explanation for the net worth of Jeff Bezos.
In mainland Europe, Amazon has opened fulfillment centers in Poland where, reports say, it pays lower wages than in Germany.
Commission
People have also come to the recent realization that while amazon makes everything user-friendly and cheaper.
It cuts down on the amount paid to the producers and suppliers.
It has strong-armed many publishers into reducing the prices of their books and eBooks.
In some instances when publishers have refused, It has removed the “buy” button from the pages of the publishers’ books.
Amazon Tax regulations
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Amazon always avoids Tax regulations.
In the UK it has nothing but a low tax record, And a total of all companies can be the amount to $100 billion.
The amount of money that could solve global poverty or hunger within the blink of an eye.
Amazon CEO – Jeff Bezos
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After Surrounded by controversies and problems about his workers’.
Jeff Bezos has been trying to turn over a new leaf and pledged to donate $10 billion to combat climate change.
Rather, Bezos is able to take in an obligatory and misguided influx of public affection.
The upstanding point still remains that there’s a major concentration of money in one person’s hand.
The amount earned by him in an hour could possibly be the overall life income of an average human.
Perhaps the best reason to boycott amazon in these times is to stop it from setting up a monopolistic market with no competition and complete dependency on products.
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