Two Americas
It’s a bright, cold Sunday morning with snow on the ground. The kids have evacuated the house at the crack of dawn to take advantage of the snow before it melts. With any luck, none of them will break any bones. I started to do some holiday shopping — online, of course — and got stuck. There is no other company or brand that elicits such complicated, contradictory feelings for me as Amazon. In so many ways, it is an essential utility for our life — and in so many ways, what’s wrong with the country.
Is the more powerful force in American politics greed? The pandemic has exacerbated these long running issues of income inequality: if Jeff Bezos gave each of his 876,000 employees a $105,000 bonus, he’d be left with as much money as he had at the beginning of the pandemic. And yet it will be a struggle for me to avoid Amazon this week for purchasing everything from winter boots to holiday gifts to the ingredients for my homemade mincemeat pies.
In one form or another, greed has undermined most of our institutions, from higher ed to journalism to the U.S. Senate. Right now, the Federal Reserve is pumping money into Wall Street — a strategy guaranteed to make the rich richer — while the Congress (or specifically, the Senate) won’t pass a relief package for everyone else. From dentists to port-a-potties, monopolization is at an all time high, further concentrating wealth in the hands of a ludicrously small number of Americans. (On that topic, this column by Matt Stoller should be required reading.)