Franklin Foer Confuses Amazon's Subsidies From the Government With Profits

Franklin Foer has an interesting, but ultimately badly confused article in the New Republic about Amazon and its growth. The article is debating the appropriate anti-trust approach to Amazon, questioning whether it merits government intervention to protect producers and not just consumers.


This is a reasonable question, but the confusion comes in the first sentence of the second paragraph, which tells readers:


"Rather than pocketing the profits from this creation, Amazon has plowed revenue in...

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Published on October 10, 2014 05:07
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