denise right. just to put a space ship deal out here. i gotta be drank in some kind of bad whiskey or so. i guess he's got enough money to do it. whatever he wants to do, he had the money to play the game. ah, from 10 miles outside a town highway 60 to one lady has 45 miles and they said all that on both sides they don't anything out of this just the entrance, but she have to have the key to get is to manage

19876, just like every jordan or a guy to talk to him. and then you realize this guy's go, wanna play and he knows what he's doing or why number one is amazon founder and ceo jeff beta. he is at 1st century billionaire, the people that you've been told them as the family. so media, me, i'm using my resources to put in place heavy lifting and infrastructure so that the next generation of people can have a dynamic entrepreneurial explosion into space

in is you are still large enough to satisfy the ambitions of jeff bezos. amazon is the largest store in the world. it sends out $150.00 parcels per 2nd, adding up to 5000000000 each year.

its boss just pays or has a single obsession to sell everything instantly everywhere and to satisfy his customers every desire without delay. there are 300000000 amazon customers worldwide today. the multinational company is revolutionizing commerce and the way we consume it is even succeeded in shrinking time and space.

how exactly is amazon taking over the whole planet? what does jeff bezos want that he doesn't already have? what future does the multinational wish to impose on us and at what cost?

our story begins in 1994 in seattle suburb jeff bezos. the 30 something wall street expatriate creates amazon and its garage. jeff and what are your, what is your claim to fame and the founder of amazon dot com. where did you get an idea for amazon dot com? well, 3 years ago, i was in new york city working for quantitative hedge fund. when it came across the startling statistic, the web usage was great and 2300 percent a year. so i decided i would try and find the business plan that made sense in the context that grew up in the beginning, they were only 3. 1 of the things that was really happening in seattle of that time was grunge so, so you had nevada and pearl jam and all that. i kind of music so they were plaid

shirts on every one. paul davis is one of the programmers who developed amazon's very 1st website at amazon. they sell for what was out in a suburb that really was very far from the city and clubs, and any kind of of seen that might be happening. there were basically 2 programmers working hard riding code. and jeff, working hard on, on the sort of business he side of the new company. there wasn't this kind of really fuel energy, you know, like, oh my god, you know, what's going to be a goal today? what are we going to take off today? oh my god, if that isn't done, isn't done today. things fall apart. it was more just a case of methodically working as quickly as, as we could where books arrived. somebody was gonna have to pack them up and ship them out. and so, so, and so that will be jeff. this is like the super early days when it was really just

still the 3 of us plus his wife working part time. sometimes it will be white, mackenzie, sometimes it would even be shallow, right? if there weren't that many and we want super hide off in something. this is at a time where, you know, we, typically, we were handling, you know, maybe less than 20 books per day or something. i, me, 25 years later, amazon no longer sends 20 parcels, but 14000000 a day. the company owns over 250 warehouses and delivered on 5 continents. i guess amazon success caught stacy mitchell's attention.

she heads the institute for local self reliance research center, studying the evolution of the american economy. for the past 10 years, she's been closely monitoring the growth of the beast. amazon is like, it's like this invisible force. you know, it's got, it's tend to falls in so many aspects of the economy. there's nothing that amazon isn't trying to get into there. now the biggest clothing retailer in the us and they produce a lot of clothing. bookstores, toys, stores, hardware stores, kind of grown invisibly. it doesn't get noticed are covered by the media in the same way because it's not physically present except in just a few places. amazon is growing so rapidly, they are creating a lot of jobs, but as they grow, they're destroying a lot of jobs. and we found that for every one new amazon job that had been created, there were 2 jobs that were lost at existing businesses. we've lost about 85000

independent small businesses in the last 10 years. we've lost about $35000.00 small and mid sized manufacturers. amazon isn't the only cause, but it's the top cause of those losses. ah, stacy mitchell investigates amazon strategy of conquest. there's a kind of a balancing act that they seem to walk between slowly taking over everything rapidly, taking over everything and yet not being so visible that people become alarms. in some ways we, you know, the train has left the station and as a society of, we're going to try to figure out how to bring that back. it's much harder to do now that it would have been 10 years ago. we had noticed what was really happening me

in the united states, amazon now controls half of all online commerce the company leads online sales in clothing, electronics, books, d v d 's personal care and the products ah, it also offers the video on demand, online music streaming video games, data storage insurance, as well as drugs. amazon also embodies a certain vision of america progressive and liberal. its acquisition of whole foods leader of high end organic produce is a good example. jeff bezos is a complex character. he's a ceo as well as an investor, but in 2013, he personally acquired the washington post. one of the most prestigious newspapers in the u. s. ah. step by step. the amazon

empire extends its grip on the world. he really hit amazon and this point represents the transformation of the american economy. i mean, you know, the old saying when i 1st came the street and kind of back in the day was what's good for g. m is good for the country today. that's largely amazon as largest market cap company. it's, it's greatly intertwined with the entire american global economy. amazon essentially controls the marketplace. it's not really a market, it's a private arena. amazon sets the rules. it gives the side which companies get the best spots which companies rank in the search rankings. who can even be there, what they're allowed to sell, how they can communicate with their customers, what they have to pay in order to be part of it. the old saying is if it walks like a duck. 1 quacked like a duck is a duck. so amazon looks like monopoly trades like

a monopoly makes money like a monopoly behaves like monopoly. so when i looked at it, you have to use monopolies in the traditional sense, upon a comparable type company. the real definition of a monopoly is when you have the ability to control the terms by which other player, as can access the market. when you have that kind of power to dictate what happens and amazon has that power, amazon has become a kind of gatekeeper. and their strategy is very much about being the e commerce platform for the entire world. the

military mission against them will conclude on august 31st. ah, well it sounds like we did a good to us all the quote unquote a young girl who will bundle you so much. you got to the southern company. so the cut, the cut over the what was the quote to show that this was the right weapon against the right and the local. no, no, no bought it from but it was filled out through z o o z the, the signing of the us to all about agreement and laid the groundwork for the road ahead toward a lasting peace in afghanistan. and

i know that mcdonald and her the families that mark i took marking your function, you would like to get some idea of who definition me, what is your number? how do i don't john? i got i've got that limit and i wanted them off. you're gonna be skills that you don't know what the less about i get up there for us. let

me use me. amazon is conquering one territory after another after the us just base or still control of england. germany, france, japan, canada, italy, spain, brazil, mexico, and australia. today the decisive battle for the company is taking place in india. ah, ah. in 2013 amazon arrived in india with the intention of gaining control of a market estimated at $100000000000.00, conquer or fault or whatever

. going to have been able to achieve globally is they've been able to very, pretty much all major markets globally, right, for that in europe or in the u. s. and some of the other asian marketers with outside of china, the only but the seat of it is still open is india? so a, this is the only battle field is open to the thing that can be large benefit. and i don't know the one in the india is the fastest growing economy in the world with

a 7 percent growth in 2017 was running the news. in recent years, some 200000000 indians have joined the middle class dramatically increasing the number of internet users and eager consumers. the news. as a result, indian e commerce is growing by 30 to 50 percent every year. amazon is not the only company trying to tap into this growth. competing with jeff bezos as flip car, the leader of the indian market founded by 2 ex amazon employees and paid him a new startup finance by chinese giant alibaba. the 3 of them are waging a multi $1000000000.00 commercial war. in its 1st year,

jeff bezos invested $2000000000.00 and then $2000000000.00 more of the following year. to gain market share, amazon has already invested $5000000000.00 in india without seeing a profit. all of these 3 players are armed, still the top. they have a lot of phoenician, lot of funding, big guys, backing up so you don't see anyone falling apart anytime soon. the battle gets even more complex. as these multi national corporations are facing a very strong nationalist pushback in india, this is the case in old delhi, the commercial district of the indian capital. here, commercial structures have remained unchanged for hundreds of years. really that i know that by the next

some of them are gonna be ready to do that. busy sitting at this table and 15 angry men, the largest group of merchants in old building each own several shops in the neighborhood. they are the 1st to feel the impact of amazon's presence. maybe you can get you know,

the merchant of old delhi are worried, but they have a major asset to slow down amazon's rise. they formed the electoral base of the b, j. p. the party empower and india since 2014 it's leader, prime minister and her and ramadi. promot exacerbated form of nationalism and defense protection is the view of the economy. the indian government recently introduced a bill that could severely limit amazon's room to maneuver, notably by preventing it from under cutting prices. jeff bezos had to engage in a diplomatic game. he regularly meets with prime minister moti all. it's a significant stick for amazon and for, for the kind of investment which amazon has been doing in bucket

a reflection of the find a policy to see the big this market. and if it fails to reflect that in a globe movie for amazon, it's not a regional story. it's a, it's a little bit tricky. forever. yeah. in ah, in the counter. the americans, the merchantable deli, have a plan to ensure the government doesn't forget them. i the

pleasure for the 5 years or 10 years down the line because they're deep pockets in big losses. that is why they're coming to india. you can see any examples in the words better. they've been in the market as again than did one. hopefully, a shout is one of you she the bus will go around the country to alert other merchants and the population at large of the threats that looms over india or even not in the shop. i ah

ah, in 2018 amazon announced its intention to invest yet again another $2000000000.00 in the country. it's operations in india have so far resulted in a net loss of $883000000.00. investing massive amounts of money often at a loss in order to conquer market share is the foundation of jeff bezos global strategy. despite this risky plan, amazon's boss still maintains the competence of the financial markets. amazon stock value rises constantly. ah, in the last 4 years it is increased fivefold.

ah, amazon lost about $3000000000.00 and it's 1st 6 years in business, selling books at a loss. and it worked, you know, i mean, now amazon is the dominant book retailer with more than half the market. and they've consistently done that in one sector after another where they go in, they lose money. other companies that are not, don't have the same backing from wall street, aren't able to operate at a loss. they go out of business, amazon takes over, you know, and this is a company that's, that is, you know, able to lose money like that in a way that no one else is fees. oh, see, oh, i mean, one of the things when you're analyzing a company is management's credibility. he spent time on wall street at a large hedge fund. i believe he sort of intuitively knew what institutional investors were looking for, knew how to educate them about timeframes. i mean, as an analysts, it's not just about how much cash but you want when that cash is expected to come

in the door. that helps you build better financial models. and so i believe he did a good job being able to speak language to financial market participants. jeff bezos has been very astute and how he communicates what he's doing to wall street. and he always talks about this idea that amazon is for the long term that he's not focused on the short term. what he's building is something much bigger and it's over the long term. and wall street investors have, have very much bought into that idea and they have backed this company, even in the years when amazon lost a lot of money years when they made very little money. wall street continued to back this company. jeff basis was successful in imposing his long term vision to an economy geared towards short term profits. having secured the confidence of wall street, he was able to make all of the world's commodities available in one click. this

idea of accessibility was born 50 years ago in san francisco capital and the american counterculture gaffer google, apple, facebook and amazon or the unexpected errors to these california hippies. a quick like that. press your middle finger g a thumb drag, no part snapping like that. you can find adults pajamas with cat names or typewriters, fashion manual, you can add insulin syringes and wallet, greeting card didn't books or poor you like that. you can have any delivered to your door now and forever. consider where you did. i, in the 900 sixty's in california,

thousands of young americans turned away from industrial society, the vietnam war, and the atomic bomb they decided to return to the land and live in communities based on new principles. this was the birth of the commune, movement. they were as a big technology, they didn't like bombs, didn't like heavy industry. but they love l. s. d, they love automobiles. they love the w hands. they love the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences. personally, ambition, consumption, consumption for the the community list was going to be the foundation of a consciousness oriented society.

the americans love buying homes. ah, this was a funny middle part of how our political leadership and our country large understood the bargain. you get a whole and then you will rebel, right as the things you don't revolt if you have a stake in the system. be really interesting to dial back and think about the longer, deeper history of what housings meant in the united states. not just that old question of the american dream, but the big question of who the dream has been for join

me every 1st day on the alex simon show. and i'll be speaking to guests in the world. the politics sport, business. i'm show business. i'll see you then me. oh, when i went to the wrong when i was just don't you? yes to see out the thing because after kid, an engagement equals the trail. when so many find themselves will depart. we choose to look for common ground the ah

. a $170.00 maybe $200.00 in judge the tragic off the massive power attachments, chicago port where crowd of people both astounds and foreigners crime together waiting to be attracted to the country correspond to reports from the city. there were searches and raids carried out throughout the city over the course of tonight's and the terror threat at the airport. the.