Do Corporations Need Public Assistance?
More transparency from the outset would enable citizens to test the strength of economic-impact analyses, examine a company’s track record, and query elected officials about future impacts on land, water, housing costs, and social services. This opportunity is what the opponents of Amazon HQ2, in New York, were refused.
March 14, 2019
How Books Will Survive Amazon
So far discussion of the Justice Department’s suit against Apple and several major book publishers for conspiring to fix retail prices of e-books has omitted the major issue: the impact of digitization on the book industry generally. The immediate symptoms are Amazon’s own pricing strategy—which, unlike Apple’s and the publishers’, is to sell e-books below cost to achieve market share and perhaps a monopoly—and the federal suit challenging Apple’s and the publishers’ counterattack. This is more than a conflict between Amazon and publishers. It is a vivid expression of how the logic of a radical new and more efficient technology impels institutional change. Though Amazon’s strategy might force publishers to shrink or even abandon their old infrastructure, demand for physical books, printed and bound, will not disappear.
April 26, 2012