ah, with bring you the very latest every out the day. this is all now snow from everyone here with, [000:00:00;00]

with with i thought with this guy, he's drunk, you know, come out here and back underneath, right. just to put a space ship deal out here. he's got to be drank in some kind of bad whiskey or some of this trick. i guess he's got enough money to do it. whatever he wants to do each easier the money to play the game with 10 miles. charlotte

tell highway 62 war lady has 45 miles and they own so oh, they don't have anything out of this and trash, but she have to have the key nor to give you minus 1987. just like an average ordinary guy until you talk to him and then you realize this guy's go on, always play the no shortage or

one number one is amazon founder and ceo jeff bay says he is at 1st 70000000000 the people to let's see that you've been told them as on the fussy, so media with 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. huh . is you still large enough to satisfy the ambitions of jeff

bezos? aah! amazon is the largest store in the world. it sends out $150.00 parcels per 2nd, adding up to 5000000000 each year. it's boss jeff bezos 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? with our story begins in 1994 in the seattle suburb jeff bezos, a 30 something wall street expatriate creates amazon in his garage. and jeff basis 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 where he for quantitative hedge fund. when it came across the startling statistic, the web usage was great. 2300 percent a year. so i decided i would try and find a business plan that made sense in the context that grow with in the beginning they were only 3. 1 of the things that was really happening in seattle of that time was grudge, so you had nevada and pearl jam and all that kind of music. so there were plaid shirts on on everyone. paul davis is one of the programmers who developed amazon's very 1st website at amazon itself. what was out in a suburb that really was very far from the city and clubs and any kind of

obscene 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 buy books arrived. somebody was gonna have to pack them up and shut them out. and so, so until that will be jeff. this is by 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. mckenzie, 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.

mm . 25 years later, amazon no longer sends 20 parcels, but 14000000 a day. the company owns over 250 warehouses and delivered on 5 continents. mm 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 holes 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 everyone, new amazon job that had been created, there were 2 jobs that were lost at existing businesses. we have lost about 85000 an independent small businesses in the last 10 years. we've lost about $35000.00 small and mid sized manufacturers. you amazon is that the only cost, but it's the top cause of those losses

mm. mm. stacy mitchell investigates amazon strategy of con, pushed there is a balancing act that they seem to walk between slowly taking over everything and rapidly taking over everything and yet not being so visible that people become alarmed. since i'm way is we're, you know, the train has left the station and as a society, if we're gonna try to figure out how to bring that back, it's much harder to do now than it would've been 10 years ago. if we had noticed what was really happening in the united states, amazon now controls half of all online commerce. the company leads online sales in clothing,

electronics books, dds 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. here really hid amazon at 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 gm 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 in quiet like a duck, it's a duck. so amazon looks like monopoly, trade 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 is,

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. mm. mm. and i make no sense, you know, borders like to nationalities and users. as a merge, we don't have authority. we don't to look back, see, whole world needs to be ready. people are judgment, common crisis with we can do better, we should be better. everyone is contributing each in their own way, but we also know that this crisis will not go on forever. the challenge is great.

the response has been massive. so many good people are helping us. it makes us feel very proud that we are in it together. oh is your media a reflection of reality in the world transformed what will make you feel safe? isolation for community? are you going the right way or are you being that somewhere? direct? what is true? what is faith? in the world corrupted, you need to descend a join us in the depths or remain in the

shallows. join me every thursday on the alex, simon, sure. but i'll be speaking to guess in the world of politics, sport, business, i'm show business. i'll see you then. with amazon is conquering one territory after another. after the us jeff bezos took 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. 7 in 2013 amazon arrived in india with the intention of gaining control of a market estimated at $100000000000.00, conquer or fault what amazon has been able to achieve globally as the been able to vin, pretty much all the major markets globally, right whether it is in europe or in europe, some, some of the other asian markets as well. outside of china. the only better seized

of it is still open, is india? so if this is the only battle field is open and b does a significant large faddle feet. and another one with india is the fastest growing economy in the world with a 7 percent growth in 2017. although was only in recent years. some 200000000 indians have joined the middle class dramatically increasing the number of internet users and eager consumers. 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 financed by chinese giant ali baba, the 3 of them are waging a multi 1000000000 dollar commercial war. in his 1st year, jeff bezos invested $2000000000.00 and then $2000000000.00 more the following year . to gain market share, amazon has already invested $5000000000.00 in india without seeing a profit. all these tree, our players are armed till the top. oh, they have a lot of finish and lot of funding, big guys, backing up so you don't see anyone falling apart any time 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 or the indian capital here, commercial structures have remained unchanged for hundreds of years. really that i know that budget and 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 all 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 merchants of old delhi are worried, but they have a major asset to slow down amazons 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, promotion 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 modi all. it's a significant stick for amazon and for, for the kind of investments which amazon has been doing didn't market is a reflection of the find that how seriously they think this market. and if it fails, or to reflect back in a global be all for amazon. it's, it's not a regional story, it's a, it's a global story for

a ah, to count to the americans, the merchantable. deli, have a plan to ensure the government doesn't forget them. a plan for 5 years or 10 years down the line. you go down deep pockets, they can afford to offend big losses. that is why they are coming through. and you can see any examples in there was, there was a event in the questions that liquidated that one market as of now again, then he did that one. hopefully, guy, that is, why did you ah, o,

this bus will go round the country to alert other merchants and the population at large of the threat that looms over india. or even guardian, with 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 wash in order to conquer market share is the foundation of jeff bezos global strategy. despite this risky plan, amazon's boss still maintains the confidence of the financial markets. amazon stock value rises constantly. in the last 4 years, it is increased fivefold. amazon lost about $3000000000.00 in its 1st 6 years and 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 and they lose money. other companies that are not, don't have the same backing from wall street, are able to operate at a loss. they go out of business, amazon takes over to you on this is

a company that stead is that you're able to lose money like that in a way that no one else is yuppies o. c. o. i mean, one of the things when you're analyzing accompany is management's credibility. he spent time on wall street at a large hedge fund. also, i believe he saw intuitively knew what institutional investors were looking for new, how to educate them about timeframes. i mean, as an analysts, it's not just about how much cash, what you want i, 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 the language to financial market participants. jeff bezos has been very astute at 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 is 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 bezos 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 the worlds commodities available in one click. this ideal of accessibility was born 50 years ago in san francisco capital of the american counterculture gaffer google, apple, facebook and amazon are the unexpected errors to these california hippies.

a clicking line like that. press your middle finger g, a thumb dragged, or part snapping like that. you can find adults pajamas with cat names or typewriters, fashion manual, you can add insulin syringes in wallets, greeting cards, eating books, score or you like that. you can have any delivered to your door, snap and forever to consider where you did. ah, in the ninety's 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 anti big technology. they didn't like bombs, they'd like heavy industry, but they loved l. s. d,

they love automobiles. they loved v w vans. they loved 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, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society. ah, it was not a showdown, but rather an exercise in placing markers. the russia us talks in geneva settled basically nothing. however, the vitamin administration can no longer say it does not understand russia's

position on pan european security. the ball is in washington's for a, a large scale navy drills in the mediterranean sea, a conflict in ukraine. meanwhile, russia is conducting the own. the military exercises in the bowl takes the, involving more than a 100. a gunman open fires in a german university lecture hall injuring 4 people before turning the gun on himself. and with leaks found, a julian a thongs, wins the right to appeal to the u. k. u k. supreme court to prevent his extradition to the us on espionage charges. the ruling has been welcomed by his family and