Thursday, October 10, 2019

Bezos -- Nothing About The Bakken -- For The Archives -- October 10, 2019

I'm sure everyone has seen this article. I'm placing it here simply for the archives. From the link:
Where in the pantheon of American commercial titans does Jeffrey Bezos belong? Andrew Carnegie’s hearths forged the steel that became the skeleton of the railroad and the city. John D. Rockefeller refined 90 percent of American oil, which supplied the pre-electric nation with light.
Bill Gates created a program that was considered a prerequisite for turning on a computer.
At 55, Bezos has never dominated a major market as thoroughly as any of these forebears, and while he is presently the richest man on the planet, he has less wealth than Gates did at his zenith. Yet Rockefeller largely contented himself with oil wells, pump stations, and railcars; Gates’s fortune depended on an operating system.
The scope of the empire the founder and CEO of Amazon has built is wider. Indeed, it is without precedent in the long history of American capitalism.
Archived.

Later, why it's impossible to compete with Amazon: an hour or so after posting the note above, one of our "flood lights" in the dining/kitchen area "blew" out during an electrical storm. We had one spare bulb in the pantry. Light replaced. But I wanted to have two or four more bulbs on hand for the next time we need a new bulb. A quick trip to Lowe's down the street ... but if you recall a couple of weeks ago I went to Lowe's to find a replacement bulb but Lowe's did not have it, nor did Target. So I ordered from Amazon and had the replacement in two days. I mentioned at the time that it just didn't make sense to go to Lowe's or Target for these things -- so I didn't even give it a second thought. I simply ordered replacement flood lights through Amazon. 

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