Amazon’s zero-profit strategy is a disaster for anyone who goes up against it.
Source: www.vox.com
I have more questions than definitive answers, so let’s get right to it.
Questions to Ponder: How have technological and logistical shifts in various industries made this once unthinkable union workable? How will a retailer like Amazon change the food industry on the production side of the equation? What are the advantages and disadvantages of creative destruction (eliminating old jobs by creating new ones)? Who stands to benefit the most, and who are the most negatively impacted?
Tags: industry, economic, scale, agriculture, food production, agribusiness, food.
Leave a Reply