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How Amazon Gobbles Up Small Businesses

Category: Business | Technology | Economy | Society | Politics National

The way Amazon competes and the power of its monopoly are seldom highlighted in the media. Elizabeth Warren mentions it frequently as the reason why breaking up big tech is important, because the “winner take all” monopolies like Facebook, Apply, Google, and Amazon depresses competiti...

Automation is Not the Main Reason for Low Wages and Job Loss

Category: Business | Science | Technology | Economy | Society | Human Interest

In an opinion piece, Princeton economist Paul Krugman states that while many people assume that automation is the main reason for job loss and low wages, this is just not the case. Instead, it is the lopsided power balance between employers and workers, a trend since the 1970s, that is responsibl...

Don’t Blame the Robots for Manufacturing Job Losses in U.S.

Category: Business | Science | Technology | Economy | Society | Lifestyles

This piece by the Economic Policy Institute (EPI) is based on studies comparing countries’ levels of automation and job loss. It concludes that while there is a relationship, it is definitely not the only reason. Why? Countries like Germany where industries are much more mechanized/automate...