Amazon and the Realities of the “New Economy”
As the “New Economy” celebrates its twentieth anniversary—on August 9, 1995, Netscape’s initial public offering took place—it is becoming harder to ignore some of its negative aspects. Behind all the technological advances and product innovation, there is a good deal of old-fashioned labor discipline, wage repression, and exertion of management power
.. A petition authored by the G.M.B. cites a survey of Amazon staff, which found that seventy-one per cent of them reported walking more than ten miles a day at work, seventy per cent felt they were given disciplinary points unfairly, and eighty-nine per cent felt exploited.