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I thought, this guy, he's drunk.
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Come out here and buy these ranches
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to put a spaceship deal out here.
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He's gotta be drinking some kind
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of bad whiskey or something.
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It's true.
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I guess he's got enough money to do it.
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Whatever he wants to do,
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he's got the money to play the game.
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From 10 miles outside of town
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to highway 62 180 is 45 miles
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and he owns all that on both sides.
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They don't let anything out about it.
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This is the entrance but you have
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to have the key in order to get in.
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T minus 10,
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Just like an average ordinary guy
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until you talk to him and then you realize
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this guy's got a lot on his plate
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and he knows what he's doing.
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Five, four, start, two, one.
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Number one is Amazon founder
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and CEO Jeff Bezos.
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He is the first centi-billionaire.
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I'm using
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in place heavy lifting infrastructure
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so that the next generation
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a dynamic entrepreneurial
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Is the
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to satisfy the ambitions of Jeff Bezos?
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Amazon is the largest store in the world.
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It sends out 150 parcels per second
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adding up to five billion each year.
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Its boss Jeff Bezos
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to sell everything instantly everywhere.
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And to satisfy his customers'
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There are 300 million Amazon
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The multinational company
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and the way we consume.
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It has even succeeded in
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How exactly is Amazon taking
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What does Jeff Bezos want
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What future does the multinational wish
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to impose on us and at what cost?
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Our story begins in 1994
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Jeff Bezos a 30-something
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creates Amazon in his garage.
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I'm Jeff Bezos.
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And what
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I'm the founder of amazon.com.
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Where did you
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Well, three years ago
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working for a quantitative hedge fund
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when I came across a startling statistic
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that web usage was
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So, I decided I would try
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that made sense in the
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In the beginning
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One of the things that
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in Seattle at that time was grunge.
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So, you had Nirvana and Pearl Jam
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and all that kind of music.
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So, there were plaid shirts on everyone.
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Paul Davis
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who developed Amazon's very first website.
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And Amazon itself was out in a suburb
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that really was very far
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and any kind of scene
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There were basically two programmers
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working hard at writing code
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and Jeff working hard on the sort
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of business-y side of the new company.
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There wasn't this kind
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like, oh my god, what's
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What are we gonna tick off today?
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Oh my god, if that isn't done
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It was more just a case of methodically
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working as quickly as we could.
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Books arrived.
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Somebody was gonna have to
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and sometimes that would be Jeff.
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This is like the super early days
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when it was really just still the three
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of us plus his wife working part time.
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Sometimes it would be his wife MacKenzie.
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Sometimes it would even Shell or I
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if there weren't that many
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and we weren't super tied up in something.
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This was at a time when
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handling maybe less than 20
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25 years
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sends 20 parcels but 14 million a day.
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The company owns over 250 warehouses
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and delivers on five continents.
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Amazon's success caught
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She heads the Institute
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a research center studying the evolution
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of the American economy.
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For the past 10 years,
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she's been closely monitoring
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Amazon is like, it's
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It's got its tentacles in so
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There's nothing that Amazon
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They're now the biggest
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and they produce a lot of clothing.
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Bookstores, toy stores, hardware stores.
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It's kind of grown invisibly.
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It doesn't get noticed or covered
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by the media in the same way because
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it's not physically present
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Amazon is growing so rapidly
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but as they grow they're
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And we found that for every one
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new Amazon job that had been created,
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there were two jobs that were
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We've lost about 85,000 independent
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small business in the last 10 years.
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We've lost about 35,000 small
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Amazon isn't the only cause
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but it's the top cause of those losses.
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Stacy Mitchell investigates
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Amazon's strategy of conquest.
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There's a kind of
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to walk between slowly
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or rapidly taking over everything
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and yet not being so visible
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that people become alarmed.
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So, in some ways the
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and as a society if we're
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how to bring that back
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than it would have been 10 years ago
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if we had noticed what
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In the United States,
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Amazon now controls half
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The company leads online sales,
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in clothing, electronics, books, DVDs,
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personal care, and beauty products.
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It also offers video on demand,
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online music streaming, video games,
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data storage, insurance, as well as drugs.
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Amazon also embodies a
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progressive and liberal.
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Its acquisition of Whole Foods,
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leader of high-end organic
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Jeff Bezos is a complex character.
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He's a CEO as well as an investor.
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But in 2013, he personally
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one of the most prestigious
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Step by step, the Amazon empire
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extends its grip on the world.
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Really, Amazon at this point represents
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the transformation of
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The old saying when I first came
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to the Street back in the day
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was what's good for GM
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Today that's largely Amazon
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as the largest market cap company.
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It's greatly intertwined with
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the entire American and global economy.
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Amazon essentially
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It's not really a market,
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Amazon sets the rules.
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It gets to decide which
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which companies rank
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who can even be there,
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what they're allowed to sell,
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how they can communicate
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what they have to pay in
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The old saying is if
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and quacks like a duck, it's a duck.
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Amazon looks like a monopoly,
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makes money like a monopoly,
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so when I look at it you have
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to use monopolies in the traditional sense
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to find a comparable type company.
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The real definition of a monopoly
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is when you have the
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by which other players
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So, when you have that kind of power
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to dictate what happens,
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and Amazon has that power,
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Amazon has become a kind of gatekeeper
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and their strategy is very much about
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being the e-commerce platform
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Amazon is conquering
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one territory after another.
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After the U.S., Jeff Bezos
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Germany, France, Japan, Canada, Italy,
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Spain, Brazil, Mexico, and Australia.
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Today the decisive battle for the company
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is taking place in India.
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In 2013, Amazon arrived in
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of gaining control of a market
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conquer or falter.
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What Amazon has been
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is they've been able to,
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pretty much all major
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whether it is in Europe or in the U.S.
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and some of the other Asian markets
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as well outside of China.
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The only battlefield that
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So, A, this is the only
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B, it is a significantly
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India is the
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in the world with a seven
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In recent years,
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have joined the middle class,
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dramatically increasing the number
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of internet users and eager consumers.
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As a result, Indian e-commerce
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is growing by 30 to 50% every year.
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Amazon is not the only company
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trying to tap into this growth.
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Competing with Jeff Bezos is Flipkart,
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the leader of the Indian market founded
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by two ex-Amazon employees
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and Paytm, a new startup financed
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The three of them are waging
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a multibillion dollar commercial war.
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In its first year,
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Jeff Bezos invested two billion dollars
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and then two billion
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To gain market share,
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Amazon has already invested
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in India without seeing a profit.
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All these three players
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They have a lot of
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big guys backing up.
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So, you don't see anyone
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The battle
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as these multinational
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a very strong nationalist
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This is the case in old Delhi,
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the commercial district
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Here, commercial structures have
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remained unchanged for hundreds of years.
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Sitting at
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the largest group of
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Each owns several shops
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they are the first to feel the
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The merchants
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but they have a major asset
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They form the electoral base of the BJP,
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the party in power in India since 2014.
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Its leader, Prime Minister Narendra Modi,
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promotes an exacerbated
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and defends a protectionist
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The Indian government
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that could severely limit
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Notably by preventing it
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Jeff Bezos had to engage
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He regularly meets with
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It's a significant stake for Amazon
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and for the kind of
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has been doing in the Indian market,
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it is a reflection of the point
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at how seriously they take this market.
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And if it fails,
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it will reflect bad in
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It's not a regional story,
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To counter the Americans,
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the merchants of Old Delhi have a plan
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to ensure the government
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The troubled businesses will be hurt
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because their plans for five years
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or 10 years down the line.
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Because they have deep pockets,
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they can afford to sustain big losses,
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that is why they are coming to India.
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You can see any example in the world,
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wherever they went in the first instance,
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they created their own market
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and again then created their monopoly and.
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This bus
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to alert other merchants
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of the threat that looms over India.
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In 2018, Amazon
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to invest yet again another
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two billion dollars in the country.
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Its operations in India have so far
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resulted in a net loss of $883 million.
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Investing massive amounts
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in order to conquer market share
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is the foundation of Jeff
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Despite this risky plan,
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00:21:56,702 --> 00:21:58,532
Amazon's boss still maintains
287
00:21:58,532 --> 00:22:01,282
the confidence of the financial markets.
288
00:22:01,282 --> 00:22:04,155
Amazon's stock value rises constantly.
289
00:22:07,062 --> 00:22:08,352
In the last four years,
290
00:22:08,352 --> 00:22:10,075
it has increased fivefold.
291
00:22:15,382 --> 00:22:17,412
Amazon lost about three billion dollars
292
00:22:17,412 --> 00:22:21,572
in its first six years in
293
00:22:21,572 --> 00:22:23,302
And it worked.
294
00:22:23,302 --> 00:22:25,982
Now Amazon is the dominant book retailer
295
00:22:25,982 --> 00:22:27,552
with more than half the market
296
00:22:27,552 --> 00:22:29,152
and they've consistently done
297
00:22:29,152 --> 00:22:31,274
that in one sector after another
298
00:22:31,274 --> 00:22:34,272
where they go in, they lose money.
299
00:22:34,272 --> 00:22:35,962
Other companies that are not,
300
00:22:35,962 --> 00:22:38,302
don't have the same
301
00:22:38,302 --> 00:22:40,732
aren't able to operate at a loss.
302
00:22:40,732 --> 00:22:43,535
They go out of business,
303
00:22:44,722 --> 00:22:48,432
This is a company that
304
00:22:48,432 --> 00:22:50,832
like that in a way that no one else is.
305
00:22:50,832 --> 00:22:53,102
Jeff Bezos, CEO, one
306
00:22:53,102 --> 00:22:56,122
analyzing a company is
307
00:22:56,122 --> 00:22:59,322
He spent time on Wall Street
308
00:22:59,322 --> 00:23:01,362
So, I believe he sort of intuitively knew
309
00:23:01,362 --> 00:23:03,822
what institutional
310
00:23:03,822 --> 00:23:06,172
knew how to educate 'em about time frames.
311
00:23:06,172 --> 00:23:08,852
As an analyst it's not
312
00:23:08,852 --> 00:23:10,402
but you want to know when that cash
313
00:23:10,402 --> 00:23:12,492
is expected to come in the door.
314
00:23:12,492 --> 00:23:14,902
That helps you build
315
00:23:14,902 --> 00:23:17,022
And so, I believe he did
316
00:23:17,022 --> 00:23:20,982
to speak the language to
317
00:23:20,982 --> 00:23:24,062
Jeff Bezos has been
318
00:23:24,062 --> 00:23:26,372
communicates what he's
319
00:23:26,372 --> 00:23:29,312
And he always talks about this idea
320
00:23:29,312 --> 00:23:31,272
that Amazon is for the long term,
321
00:23:31,272 --> 00:23:33,302
that he's not focused on the short term,
322
00:23:33,302 --> 00:23:36,050
that what he's building
323
00:23:36,050 --> 00:23:37,902
and it's over the long term.
324
00:23:37,902 --> 00:23:40,102
And Wall Street investors have very
325
00:23:40,102 --> 00:23:41,702
much bought into that idea
326
00:23:41,702 --> 00:23:44,231
and they have backed this company
327
00:23:44,231 --> 00:23:48,632
even in the years when
328
00:23:48,632 --> 00:23:51,072
years when they made very little money.
329
00:23:51,072 --> 00:23:53,605
Wall Street continued
330
00:23:54,982 --> 00:23:56,906
Jeff Bezos was successful
331
00:23:56,906 --> 00:23:58,312
in imposing his long term vision
332
00:23:58,312 --> 00:24:01,105
to an economy geared
333
00:24:01,954 --> 00:24:04,862
Having secured the
334
00:24:04,862 --> 00:24:05,952
he was able to make all
335
00:24:05,952 --> 00:24:08,455
of the world's commodities
336
00:24:24,022 --> 00:24:26,312
This ideal of accessibility was borne
337
00:24:26,312 --> 00:24:28,662
50 years ago in San Francisco,
338
00:24:28,662 --> 00:24:30,662
capital of the American counter culture.
339
00:24:33,292 --> 00:24:36,226
Google, Apple, Facebook, and Amazon
340
00:24:36,226 --> 00:24:39,695
are the unexpected heirs to
341
00:24:42,462 --> 00:24:45,122
I click like that,
342
00:24:45,122 --> 00:24:47,152
press your middle finger to your thumb,
343
00:24:47,152 --> 00:24:49,512
drag them apart snapping like that.
344
00:24:49,512 --> 00:24:52,042
You can find adult pajamas with cat memes
345
00:24:52,042 --> 00:24:53,922
or typewriter's fashion manual.
346
00:24:53,922 --> 00:24:56,052
You have insulin syringes and wallets,
347
00:24:56,052 --> 00:24:58,864
greeting cards, even
348
00:24:58,864 --> 00:25:02,122
You can have anything
349
00:25:02,122 --> 00:25:03,212
A snap.
350
00:25:03,212 --> 00:25:05,185
An forever to consider why you did.
351
00:25:13,349 --> 00:25:14,922
In the 1960s in California,
352
00:25:14,922 --> 00:25:16,932
thousands of young Americans turned away
353
00:25:16,932 --> 00:25:19,286
from industrial society, the Vietnam war,
354
00:25:19,286 --> 00:25:21,145
and the atomic bomb.
355
00:25:26,032 --> 00:25:27,802
They decided to return to the land
356
00:25:27,802 --> 00:25:31,172
and live in communities
357
00:25:31,172 --> 00:25:33,322
This was the birth of
358
00:25:35,062 --> 00:25:36,752
They were anti-big technology.
359
00:25:36,752 --> 00:25:39,405
They didn't like bombs, they
360
00:25:39,405 --> 00:25:43,162
but they loved LSD,
361
00:25:43,162 --> 00:25:45,152
they loved VW vans.
362
00:25:45,152 --> 00:25:46,562
They loved the products,
363
00:25:46,562 --> 00:25:49,832
the kind of consumer products
364
00:25:49,832 --> 00:25:50,992
And what they wanted to do was
365
00:25:50,992 --> 00:25:53,512
take those consumer
366
00:25:53,512 --> 00:25:54,882
turn them into the foundations
367
00:25:54,882 --> 00:25:56,822
of a new kind of society,
368
00:25:56,822 --> 00:25:58,962
a society built on shared experiences,
369
00:25:58,962 --> 00:26:02,942
personal ambition, consumption.
370
00:26:02,942 --> 00:26:06,002
Consumption for the
371
00:26:06,002 --> 00:26:10,045
the foundation of a
372
00:26:12,052 --> 00:26:13,502
The Whole Earth Catalog
373
00:26:13,502 --> 00:26:14,895
was part of the movement.
374
00:26:15,912 --> 00:26:18,772
This publication was
375
00:26:18,772 --> 00:26:21,795
a former biology student
376
00:26:23,542 --> 00:26:25,772
He wanted to help
377
00:26:25,772 --> 00:26:27,722
they needed to fend for themselves
378
00:26:27,722 --> 00:26:30,625
by showing them where to
379
00:26:41,343 --> 00:26:42,176
It's so weird because,
380
00:26:42,176 --> 00:26:43,765
so these people are going to build farms
381
00:26:43,765 --> 00:26:46,572
but what kind of tools do they take?
382
00:26:46,572 --> 00:26:48,382
They take books.
383
00:26:48,382 --> 00:26:51,031
And that's because what
384
00:26:51,031 --> 00:26:55,102
was not just farm equipment
385
00:26:55,102 --> 00:26:56,662
They wanted to change their minds.
386
00:26:56,662 --> 00:27:00,572
Catalog is absolutely essential
387
00:27:00,572 --> 00:27:03,165
and to the commune
388
00:27:03,165 --> 00:27:07,292
But it's also central to Silicon Valley.
389
00:27:07,292 --> 00:27:09,922
They found this world and they began
390
00:27:09,922 --> 00:27:13,482
to reimagine computers
391
00:27:13,482 --> 00:27:16,332
that the Whole Earth Catalog had promised.
392
00:27:16,332 --> 00:27:17,972
When I was young,
393
00:27:17,972 --> 00:27:19,466
there was an amazing publication
394
00:27:19,466 --> 00:27:22,012
called the Whole Earth Catalog
395
00:27:22,012 --> 00:27:24,862
which was one of the
396
00:27:24,862 --> 00:27:26,482
It was idealistic,
397
00:27:26,482 --> 00:27:29,465
overflowing with neat
398
00:27:30,482 --> 00:27:32,702
On the back cover of their final issue
399
00:27:32,702 --> 00:27:36,902
were the words "Stay
400
00:27:36,902 --> 00:27:40,072
It was their farewell
401
00:27:40,072 --> 00:27:43,152
Stay hungry, stay foolish.
402
00:27:43,152 --> 00:27:46,522
And I have always wished that for myself.
403
00:27:46,522 --> 00:27:48,162
When you look at the catalog,
404
00:27:48,162 --> 00:27:50,949
it is trying to give you access to goods
405
00:27:50,949 --> 00:27:53,212
that will transform your life
406
00:27:53,212 --> 00:27:54,622
and it is trying to be whole.
407
00:27:54,622 --> 00:27:57,589
It is trying to literally
408
00:27:57,589 --> 00:28:01,832
You can see that now in the
409
00:28:01,832 --> 00:28:04,541
Amazon is in many ways
410
00:28:04,541 --> 00:28:07,432
of access to the things
411
00:28:07,432 --> 00:28:09,592
in its structure, in its interconnections,
412
00:28:09,592 --> 00:28:12,759
in its being a global information system
413
00:28:12,759 --> 00:28:15,759
to supply goods that
414
00:28:15,759 --> 00:28:18,035
It's the catalog online.
415
00:28:20,212 --> 00:28:21,472
Thanks to the internet,
416
00:28:21,472 --> 00:28:25,375
has Amazon globalized the ideals
417
00:28:26,442 --> 00:28:28,742
Today Stewart Brand, its founder,
418
00:28:28,742 --> 00:28:31,065
has a very rich friend, Jeff Bezos.
419
00:28:49,502 --> 00:28:52,745
But affinities between hippies
420
00:28:58,272 --> 00:29:01,915
Jeff Bezos is a libertarian
421
00:29:02,812 --> 00:29:05,458
He values complete
422
00:29:05,458 --> 00:29:08,265
unimpeded by laws and regulations.
423
00:29:12,372 --> 00:29:15,632
Amazon burned off the social vision
424
00:29:15,632 --> 00:29:17,661
that animated so many in the 1960s,
425
00:29:17,661 --> 00:29:20,742
the hope of a better
426
00:29:20,742 --> 00:29:24,018
through interconnected
427
00:29:24,018 --> 00:29:27,142
At least it's gone for
428
00:29:27,142 --> 00:29:29,472
And it's gone along with
429
00:29:29,472 --> 00:29:32,782
It's good along with some of
430
00:29:32,782 --> 00:29:34,502
The civic world is not something
431
00:29:34,502 --> 00:29:36,781
that I see Amazon caring about at all
432
00:29:36,781 --> 00:29:38,822
and I think that's a great shame.
433
00:29:38,822 --> 00:29:40,115
I think it's picked up on one
434
00:29:40,115 --> 00:29:42,682
of the core elements of
435
00:29:42,682 --> 00:29:47,176
but it's lost whatever civic
436
00:29:47,176 --> 00:29:48,755
and that's a great shame.
437
00:30:11,601 --> 00:30:13,744
My name is Alexander Schreiber.
438
00:30:14,290 --> 00:30:17,471
I grew up in Leipzig and I live here now.
439
00:30:18,555 --> 00:30:20,028
I am 41 years old.
440
00:30:20,753 --> 00:30:26,177
I have worked at Amazon Leipzig for
441
00:30:30,686 --> 00:30:32,840
So over the years, I have seen a lot.
442
00:30:33,431 --> 00:30:36,162
And now I can work at all
443
00:30:36,240 --> 00:30:39,220
of the large departments.
444
00:30:39,481 --> 00:30:44,235
Receive, Stow, Pick and Packing.
445
00:30:50,452 --> 00:30:52,192
Before joining Amazon,
446
00:30:52,192 --> 00:30:54,735
Alexander was a soldier
447
00:30:57,042 --> 00:30:58,032
But in the warehouse,
448
00:30:58,032 --> 00:31:00,592
he was confronted with
449
00:31:00,592 --> 00:31:02,845
where employees are treated like robots.
450
00:31:07,258 --> 00:31:10,217
Because how it usually works
451
00:31:10,242 --> 00:31:13,789
is that they create a position.
452
00:31:14,345 --> 00:31:17,894
Afterwards, the human
453
00:31:18,163 --> 00:31:20,172
like a piece of a puzzle.
454
00:31:20,819 --> 00:31:21,901
Not the other way around.
455
00:31:23,219 --> 00:31:25,830
At work,
456
00:31:26,203 --> 00:31:28,752
it is not about a single procedure
457
00:31:29,002 --> 00:31:35,080
of storing an item or picking up the
458
00:31:35,142 --> 00:31:40,517
Rather, the challenge lies
459
00:31:40,846 --> 00:31:45,736
That you might do something
460
00:31:45,830 --> 00:31:50,546
maybe 10,000 times a week,
461
00:31:50,829 --> 00:31:55,197
And meanwhile, staying
462
00:31:55,252 --> 00:31:58,505
physically, and your mind, psychologically.
463
00:31:58,585 --> 00:32:02,469
Keeping the precision after 500,000
464
00:32:05,465 --> 00:32:06,438
You have a scanner that there's
465
00:32:06,438 --> 00:32:09,099
a line telling you where you have to go.
466
00:32:09,099 --> 00:32:11,681
When you pack you have to move the way
467
00:32:11,681 --> 00:32:14,501
where a computer stands and the scanners
468
00:32:14,501 --> 00:32:18,645
and the managers and teachers and leaders
469
00:32:18,645 --> 00:32:22,655
teach you to make so-called, of movement.
470
00:32:22,655 --> 00:32:25,705
So, first you take this hand,
471
00:32:25,705 --> 00:32:27,015
and you pack and do the line
472
00:32:27,015 --> 00:32:30,308
and you really have to
473
00:32:31,935 --> 00:32:33,691
There's something new in the sense
474
00:32:33,691 --> 00:32:36,365
that you work as a machine
475
00:32:36,365 --> 00:32:38,617
but you're also controlled by machines
476
00:32:38,617 --> 00:32:40,745
and this is something scary.
477
00:32:40,745 --> 00:32:43,129
If you don't follow this rhythm that
478
00:32:43,129 --> 00:32:48,129
corporation push on you
479
00:32:48,155 --> 00:32:51,275
They tell you if you don't
480
00:32:51,275 --> 00:32:54,418
we don't want unhappy workers.
481
00:32:55,105 --> 00:32:58,011
And also, when I have to do
482
00:32:59,167 --> 00:33:02,354
I don’t get bored to an extent that causes
483
00:33:02,527 --> 00:33:04,308
« bore out syndrome».
484
00:33:04,370 --> 00:33:06,605
It has the same effects as a burnout,
485
00:33:06,949 --> 00:33:11,448
but it is characterized by
486
00:33:11,667 --> 00:33:13,464
That’s the challenge.
487
00:33:13,761 --> 00:33:17,418
And that’s the psychological
488
00:33:17,683 --> 00:33:19,574
The main one, in my opinion.
489
00:33:29,105 --> 00:33:30,725
In Germany, on Black Friday,
490
00:33:30,725 --> 00:33:32,525
the unions are calling for a strike.
491
00:33:33,996 --> 00:33:36,558
I am welcoming you to this
492
00:33:36,715 --> 00:33:38,699
who organized today’s event.
493
00:33:49,605 --> 00:33:54,261
Thanks to those of you who helped
494
00:33:57,235 --> 00:33:59,579
In Europe, Jeff
495
00:33:59,579 --> 00:34:02,182
where social protections
496
00:34:02,182 --> 00:34:04,738
and where employees
497
00:34:09,505 --> 00:34:11,075
For the last five years, Verdi,
498
00:34:11,075 --> 00:34:12,785
the main German union,
499
00:34:12,785 --> 00:34:14,205
has been organizing strikes
500
00:34:14,205 --> 00:34:16,728
in the country's 11 Amazon warehouses.
501
00:34:18,092 --> 00:34:21,919
Did you sign up for the strike
502
00:34:21,982 --> 00:34:23,982
Done.
503
00:34:24,685 --> 00:34:25,725
The workers are mainly
504
00:34:25,725 --> 00:34:27,398
asking for wage increases.
505
00:34:28,285 --> 00:34:29,975
Thanks to these mobilizations,
506
00:34:29,975 --> 00:34:32,345
the Leipzig warehouse
507
00:34:32,345 --> 00:34:36,398
increased their wages by
508
00:34:37,810 --> 00:34:39,919
See you tomorrow then, thank you!
509
00:34:48,275 --> 00:34:50,455
April 2018.
510
00:34:50,455 --> 00:34:53,085
The major German media group Axel Springer
511
00:34:53,085 --> 00:34:55,055
is about to award Bezos its prize
512
00:34:55,055 --> 00:34:57,205
for the most innovative
513
00:35:02,245 --> 00:35:04,795
Verdi has called on workers
514
00:35:04,795 --> 00:35:07,045
to come and protest in
515
00:35:09,555 --> 00:35:11,635
Standing alongside the Germans today
516
00:35:11,635 --> 00:35:15,285
are Polish, Italian, and French workers.
517
00:35:15,285 --> 00:35:16,968
They are 1,000 strong.
518
00:35:18,345 --> 00:35:19,405
Welcome to Berlin.
519
00:35:19,405 --> 00:35:21,295
Thanks, it's great to be here.
520
00:35:21,295 --> 00:35:26,295
Today Amazon is
521
00:35:27,015 --> 00:35:31,085
You're probably the biggest
522
00:35:31,085 --> 00:35:33,765
At the same time, you are
523
00:35:33,765 --> 00:35:38,715
by unions and by media
524
00:35:38,715 --> 00:35:41,825
for inappropriate working conditions.
525
00:35:41,825 --> 00:35:44,475
How do deal with these accusations?
526
00:35:44,475 --> 00:35:47,265
If you're going to do
527
00:35:47,265 --> 00:35:50,425
you have to be willing
528
00:35:50,425 --> 00:35:53,955
If you can't afford to be misunderstood
529
00:35:53,955 --> 00:35:54,815
then for goodness' sake,
530
00:35:54,815 --> 00:35:56,668
don't do anything new or innovative.
531
00:35:57,373 --> 00:35:59,529
We no longer tighten our
532
00:35:59,975 --> 00:36:02,535
I'm very proud of our working conditions
533
00:36:02,535 --> 00:36:04,735
and I'm very proud of
534
00:36:05,029 --> 00:36:08,607
Even if Jeff Bezos doesn’t
535
00:36:08,845 --> 00:36:12,805
In Germany we employ 16,000 people.
536
00:36:12,805 --> 00:36:16,815
We pay at the high end of the
537
00:36:16,815 --> 00:36:19,925
We demand wages and
538
00:36:19,925 --> 00:36:23,095
to work less so we can live more.
539
00:36:23,095 --> 00:36:26,295
We have very good
540
00:36:26,295 --> 00:36:28,861
so we don't believe that
541
00:36:28,861 --> 00:36:32,235
an intermediary between
542
00:36:32,235 --> 00:36:34,545
Congratulate you for
543
00:36:34,545 --> 00:36:36,018
Thank you.
544
00:36:36,018 --> 00:36:37,015
And congratulations.
545
00:36:37,015 --> 00:36:38,034
Very nice, thank you.
546
00:36:38,034 --> 00:36:40,031
Thank you.
547
00:36:40,031 --> 00:36:42,335
Thank you guys, thank you.
548
00:36:42,335 --> 00:36:46,344
In 2017,
549
00:36:46,344 --> 00:36:47,908
in total revenue.
550
00:36:49,345 --> 00:36:51,075
The multinational is crushing all
551
00:36:51,075 --> 00:36:53,885
its competitors in online sales.
552
00:36:53,885 --> 00:36:57,125
But Amazon is also the
553
00:36:57,125 --> 00:36:59,935
It has nothing to do with
554
00:36:59,935 --> 00:37:01,688
but it's of strategic importance.
555
00:37:03,085 --> 00:37:07,565
The cloud, an online data
556
00:37:07,565 --> 00:37:09,705
Entire databases and web services
557
00:37:09,705 --> 00:37:12,335
are physically hosted in
558
00:37:12,335 --> 00:37:14,928
huge buildings filled with servers.
559
00:37:21,175 --> 00:37:24,065
Amazon owns 120 data centers like
560
00:37:24,065 --> 00:37:26,098
this one spread around the world.
561
00:37:28,655 --> 00:37:32,045
In 2017, Amazon Web Services accounted
562
00:37:32,045 --> 00:37:34,315
for only 12% of its turnover,
563
00:37:34,315 --> 00:37:35,978
but 60% of its profits.
564
00:38:13,467 --> 00:38:15,265
Amazon is a retailer but it's really,
565
00:38:15,265 --> 00:38:17,695
it's a mistake to think
566
00:38:17,695 --> 00:38:19,985
Amazon is a company that
567
00:38:19,985 --> 00:38:23,695
the underlying infrastructure
568
00:38:23,695 --> 00:38:25,787
So, it wants to be the platform on which
569
00:38:25,787 --> 00:38:28,225
all buying and selling happens.
570
00:38:28,225 --> 00:38:29,945
It wants to be basically the interface
571
00:38:29,945 --> 00:38:32,042
between all buyers and sellers.
572
00:38:32,042 --> 00:38:36,839
It is a major part of the cloud,
573
00:38:36,839 --> 00:38:39,795
Amazon Web Services controls about a third
574
00:38:39,795 --> 00:38:41,975
of the world's cloud computing capacity.
575
00:38:41,975 --> 00:38:43,695
And increasingly it's moving
576
00:38:43,695 --> 00:38:46,027
into shipping and package delivery.
577
00:38:46,027 --> 00:38:50,225
There isn't anything in history
578
00:38:50,225 --> 00:38:52,701
It's completely a new thing.
579
00:38:52,701 --> 00:38:55,415
We've never really encountered
580
00:38:55,415 --> 00:38:57,723
But you can think about it
581
00:38:57,723 --> 00:39:00,987
in the sense that that's
582
00:39:00,987 --> 00:39:03,387
and lots of other companies
583
00:39:03,387 --> 00:39:06,105
in order to get to market.
584
00:39:06,105 --> 00:39:08,355
That's an incredibly powerful position.
585
00:39:08,355 --> 00:39:11,243
I don't think Amazon
586
00:39:11,243 --> 00:39:13,955
that could potentially challenge it.
587
00:39:13,955 --> 00:39:15,815
I think the only thing
588
00:39:15,815 --> 00:39:18,658
today would be government intervention.
589
00:39:19,515 --> 00:39:20,725
Aware of the risk,
590
00:39:20,725 --> 00:39:22,585
Amazon is increasingly nurturing
591
00:39:22,585 --> 00:39:24,358
its relationships with governments.
592
00:39:25,335 --> 00:39:29,435
In 17 years, its lobbying
593
00:39:29,435 --> 00:39:30,645
In the United States,
594
00:39:30,645 --> 00:39:34,425
they've gone from
595
00:39:34,425 --> 00:39:37,595
to $13 million in 2017.
596
00:39:37,595 --> 00:39:40,998
In Europe alone, they add up
597
00:39:53,055 --> 00:39:55,025
Will Jeff Bezos use this money
598
00:39:55,025 --> 00:39:57,338
to counter a less than
599
00:39:58,905 --> 00:40:01,466
In 2017, for the first time,
600
00:40:01,466 --> 00:40:04,885
the European Commission
601
00:40:04,885 --> 00:40:08,025
Margaret Vestager, European
602
00:40:08,025 --> 00:40:10,638
sanctioned Amazon for
603
00:40:14,106 --> 00:40:17,321
The Commission has
604
00:40:17,321 --> 00:40:22,321
that Amazon's tax benefits are illegal
605
00:40:22,935 --> 00:40:24,938
under EU state aid rules.
606
00:40:25,825 --> 00:40:28,555
A tax ruling granted by Luxembourg
607
00:40:28,555 --> 00:40:33,555
has reduced Amazon's tax
608
00:40:33,925 --> 00:40:38,778
between May 2006 and June 2014.
609
00:40:39,685 --> 00:40:42,302
It was not justified.
610
00:40:42,302 --> 00:40:46,455
Amazon now has to repay the tax benefit
611
00:40:46,455 --> 00:40:51,455
worth around $250 million
612
00:40:53,045 --> 00:40:55,285
Amazon paid the $250 million
613
00:40:55,285 --> 00:40:57,168
but Luxembourg appealed the decision.
614
00:40:58,285 --> 00:41:00,823
Not all states endorsed the
615
00:41:00,823 --> 00:41:02,665
Nor do they all support other
616
00:41:02,665 --> 00:41:04,818
measures that promote tax fairness.
617
00:41:09,325 --> 00:41:10,875
The thing with Amazon,
618
00:41:10,875 --> 00:41:12,635
and we know that from the tax case,
619
00:41:12,635 --> 00:41:14,762
is that you don't necessarily make profits
620
00:41:14,762 --> 00:41:17,425
but you create value.
621
00:41:17,425 --> 00:41:19,945
So, you create value
622
00:41:19,945 --> 00:41:22,021
but you don't make
623
00:41:22,021 --> 00:41:25,601
So, people make money by
624
00:41:25,601 --> 00:41:28,863
instead of making money by having a profit
625
00:41:28,863 --> 00:41:31,938
coming out of the business itself.
626
00:41:32,895 --> 00:41:37,895
And one of the reasons why we're so eager
627
00:41:38,125 --> 00:41:41,903
also to have a sort of broad
628
00:41:41,903 --> 00:41:44,847
is to make sure that we get it right
629
00:41:44,847 --> 00:41:49,226
because digital companies on
630
00:41:49,226 --> 00:41:54,226
where ordinary businesses
631
00:41:56,245 --> 00:41:58,575
Europe is trying
632
00:41:58,575 --> 00:42:01,848
that specifically
633
00:42:03,485 --> 00:42:04,865
This new tax would levy
634
00:42:04,865 --> 00:42:07,205
their revenues and not their profits
635
00:42:07,205 --> 00:42:09,505
since these web giants usually store away
636
00:42:09,505 --> 00:42:12,078
their profits in countries
637
00:42:15,355 --> 00:42:18,238
France is alone in
638
00:42:21,525 --> 00:42:24,225
We have all had a wake
639
00:42:24,225 --> 00:42:26,005
yes, technology is fascinating
640
00:42:26,005 --> 00:42:30,115
and it produces great
641
00:42:30,115 --> 00:42:33,485
but there's a bad side to everything.
642
00:42:33,485 --> 00:42:35,435
There's a threat to our democracy,
643
00:42:35,435 --> 00:42:37,585
there's a threat to
644
00:42:37,585 --> 00:42:39,645
there's a threat for us as consumers
645
00:42:39,645 --> 00:42:41,765
to be respected in the marketplace.
646
00:42:41,765 --> 00:42:43,668
We need to get in control of that.
647
00:42:48,635 --> 00:42:49,955
So, here it is.
648
00:42:49,955 --> 00:42:52,175
The world according to Amazon.
649
00:42:52,175 --> 00:42:54,022
A world where a single company controls
650
00:42:54,022 --> 00:42:57,164
the distribution of
651
00:42:57,164 --> 00:42:59,688
the infrastructure of our economy.
652
00:43:04,655 --> 00:43:06,181
When I'm buying stuff on Amazon
653
00:43:06,181 --> 00:43:08,775
or receiving packages or have
654
00:43:08,775 --> 00:43:11,585
I'm like, yes, awesome.
655
00:43:11,585 --> 00:43:15,335
Man, that's a great thing that we built.
656
00:43:15,335 --> 00:43:19,138
But as I said, if I put on my
657
00:43:20,865 --> 00:43:23,645
then I'm a lot more questioning
658
00:43:23,645 --> 00:43:25,635
of whether I really
659
00:43:25,635 --> 00:43:29,645
I think most of the time I feel
660
00:43:29,645 --> 00:43:32,854
That I helped to create
661
00:43:32,854 --> 00:43:36,642
turn out to really be a
662
00:43:41,552 --> 00:43:44,355
The issue is who shapes
663
00:43:44,355 --> 00:43:47,286
Is it us or is it Amazon?
664
00:43:47,286 --> 00:43:48,286
That's the question.
665
00:43:51,635 --> 00:43:53,484
On the
666
00:43:53,484 --> 00:43:55,968
that question has already been answered.
667
00:44:03,655 --> 00:44:05,965
Here Amazon is already imposing
668
00:44:05,965 --> 00:44:07,898
its vision of the world of tomorrow.
669
00:44:12,395 --> 00:44:14,550
At first glance, it's an ideal world.
670
00:44:14,550 --> 00:44:16,965
The company's headquarters are located
671
00:44:16,965 --> 00:44:18,535
in this building called Day 1.
672
00:44:23,705 --> 00:44:27,538
At its feet, the brand new
673
00:44:28,635 --> 00:44:31,355
A series of glass balls sheltering rare
674
00:44:31,355 --> 00:44:34,905
tropical plants like a biotube 2.0,
675
00:44:34,905 --> 00:44:36,795
where Amazon employees come to work
676
00:44:36,795 --> 00:44:39,188
in harmony with a domesticated nature.
677
00:44:46,155 --> 00:44:48,615
In total, 20% of Seattle's downtown
678
00:44:48,615 --> 00:44:50,738
area is occupied by Amazon.
679
00:45:00,565 --> 00:45:02,448
In the last eight years,
680
00:45:02,448 --> 00:45:04,535
40,000 new executives
681
00:45:04,535 --> 00:45:06,938
have joined the ranks
682
00:45:09,695 --> 00:45:11,691
Often young and very well paid,
683
00:45:11,691 --> 00:45:14,795
they can take full advantage
684
00:45:14,795 --> 00:45:18,058
and can preview much of
685
00:45:21,415 --> 00:45:24,508
Lockers where you can pick
686
00:45:28,575 --> 00:45:32,708
Or Amazon Go supermarkets
687
00:45:33,785 --> 00:45:35,905
Customers enter with their smartphone
688
00:45:35,905 --> 00:45:38,498
and a computer automatically
689
00:45:43,814 --> 00:45:45,855
To welcome these newcomers,
690
00:45:45,855 --> 00:45:47,598
are constantly being constructed.
691
00:45:49,045 --> 00:45:50,155
Thanks to Amazon,
692
00:45:50,155 --> 00:45:52,035
Seattle has become a favorite city
693
00:45:52,035 --> 00:45:53,898
for the American executive class.
694
00:46:00,925 --> 00:46:04,308
But at night, Seattle becomes
695
00:46:11,555 --> 00:46:13,415
Since Amazon's arrival with
696
00:46:13,415 --> 00:46:15,855
its numerous hires of senior executives,
697
00:46:15,855 --> 00:46:19,228
rents in Seattle have been
698
00:46:23,855 --> 00:46:26,128
The poorest can no longer find housing
699
00:46:26,128 --> 00:46:27,738
even if they have a job.
700
00:46:33,855 --> 00:46:38,738
Here 30% of the homeless
701
00:46:49,255 --> 00:46:52,075
At City Hall, Seattle's
702
00:46:52,075 --> 00:46:55,848
Theresa Mosqueda made housing
703
00:47:02,865 --> 00:47:06,064
We saw about a 600%
704
00:47:06,064 --> 00:47:08,345
and we saw twice the amount of people
705
00:47:08,345 --> 00:47:10,955
who are living in RVS become homeless.
706
00:47:10,955 --> 00:47:12,205
That number is immense.
707
00:47:12,205 --> 00:47:14,155
You can see the crisis of poverty
708
00:47:14,155 --> 00:47:15,875
and homelessness on the street.
709
00:47:15,875 --> 00:47:17,575
However, here in Seattle we have
710
00:47:17,575 --> 00:47:19,985
a higher rate of homelessness per capita
711
00:47:19,985 --> 00:47:23,365
than cities like Los Angeles
712
00:47:23,365 --> 00:47:25,225
and it's imperative that we do something.
713
00:47:25,225 --> 00:47:26,325
We have a thousand people who
714
00:47:26,325 --> 00:47:28,275
are moving to this region a week
715
00:47:28,275 --> 00:47:30,275
which means if we're not building housing,
716
00:47:30,275 --> 00:47:31,965
the cost of housing increases.
717
00:47:31,965 --> 00:47:33,915
People who were in otherwise affordable
718
00:47:33,915 --> 00:47:36,155
rental units really have nowhere to go.
719
00:47:36,155 --> 00:47:37,615
They are falling into the street
720
00:47:37,615 --> 00:47:39,905
or they are getting displaced
721
00:47:39,905 --> 00:47:43,145
Spring 2018,
722
00:47:43,145 --> 00:47:44,905
the creation of a new tax.
723
00:47:44,905 --> 00:47:47,686
The biggest companies in
724
00:47:47,686 --> 00:47:51,545
will have to pay $500
725
00:47:51,545 --> 00:47:54,715
in order to finance the
726
00:47:54,715 --> 00:47:57,295
We had initially proposed a tax that
727
00:47:57,295 --> 00:47:59,645
would have brought in $75 million a year
728
00:47:59,645 --> 00:48:02,845
which is a drop in the bucket
729
00:48:02,845 --> 00:48:05,611
We ended up with $47 million per year
730
00:48:05,611 --> 00:48:08,535
which Amazon agreed to.
731
00:48:08,535 --> 00:48:13,535
The proposal was passed unanimously,
732
00:48:13,815 --> 00:48:17,165
unanimously by the council
733
00:48:17,165 --> 00:48:20,416
Within 24 hours of Amazon agreeing
734
00:48:20,416 --> 00:48:25,416
to that amount of taxing each
735
00:48:30,315 --> 00:48:32,566
for five years for just
736
00:48:32,566 --> 00:48:34,475
after they agreed to that,
737
00:48:34,475 --> 00:48:36,584
within 24 hours they changed their mind,
738
00:48:36,584 --> 00:48:38,365
they funded the opposition
739
00:48:38,365 --> 00:48:39,995
and ran a campaign to undermine it.
740
00:48:39,995 --> 00:48:41,985
No head tax!
741
00:48:41,985 --> 00:48:43,344
No head tax!
742
00:48:43,344 --> 00:48:45,495
No head tax!
743
00:48:45,495 --> 00:48:47,505
Amazon
744
00:48:47,505 --> 00:48:49,348
to push back on City Council.
745
00:48:51,030 --> 00:48:53,395
Seattle was divided.
746
00:48:53,395 --> 00:48:55,715
To counter the multinationals campaign,
747
00:48:55,715 --> 00:48:58,328
citizens mobilized for social justice.
748
00:49:06,605 --> 00:49:08,905
Amazon won
749
00:49:10,285 --> 00:49:14,025
Its petition gathered
750
00:49:14,025 --> 00:49:15,877
On June 12th, 2018,
751
00:49:15,877 --> 00:49:19,185
the Seattle City Council
752
00:49:19,185 --> 00:49:21,978
on the tax in front of
753
00:49:32,921 --> 00:49:33,754
Red against green.
754
00:49:33,754 --> 00:49:35,828
Pro-tax against anti-tax.
755
00:49:38,841 --> 00:49:40,805
Quickly the City Council voted
756
00:49:40,805 --> 00:49:43,065
to reverse its new taxation policy.
757
00:49:43,065 --> 00:49:44,768
Juarez vote for aye.
758
00:49:45,715 --> 00:49:47,235
Only two Council members,
759
00:49:47,235 --> 00:49:48,745
including Theresa Mosqueda,
760
00:49:48,745 --> 00:49:51,125
voted against the repeal of the tax.
761
00:49:51,125 --> 00:49:53,145
Mosqueda vote for nay.
762
00:49:53,145 --> 00:49:54,975
O'Brien vote for aye.
763
00:49:54,975 --> 00:49:58,558
Seven in favor, two opposed.
764
00:50:01,975 --> 00:50:04,725
So, the bill passes
765
00:50:10,055 --> 00:50:12,215
Three months
766
00:50:12,215 --> 00:50:14,288
the launching of his own housing policy.
767
00:50:18,185 --> 00:50:21,215
A two billion dollar private fund to help
768
00:50:21,215 --> 00:50:23,315
poorly housed families across the country.
769
00:50:25,265 --> 00:50:27,495
I want to make sure that
770
00:50:27,495 --> 00:50:30,695
by those who were elected
771
00:50:30,695 --> 00:50:34,175
not by the whims of one
772
00:50:34,175 --> 00:50:36,375
who on one day decides to donate money.
773
00:50:36,375 --> 00:50:38,055
I think it's a real warning signal
774
00:50:38,055 --> 00:50:40,257
to the entire country that we have got
775
00:50:40,257 --> 00:50:43,458
to be able to govern and
776
00:50:43,458 --> 00:50:45,375
to make sure that our most vulnerable
777
00:50:45,375 --> 00:50:47,625
are being protected and invested in.
778
00:50:47,625 --> 00:50:50,015
We need public policy to be passed
779
00:50:50,015 --> 00:50:51,915
by those who've been elected to do so.
780
00:51:05,935 --> 00:51:07,355
Every night in Seattle,
781
00:51:07,355 --> 00:51:10,576
City Hall opens its doors
782
00:51:10,576 --> 00:51:14,768
on the floor to those who
50206
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