Quote:
Originally Posted by pwalker8
Sorry, got side tracked from the important stuff by work. 
The technical term is rent seeking, i.e. using the power of government to put you in a more advantageous situation. |
If what they are doing is obviously that term you call
rent seeking, then I don't see how that applies. Is it not rather the opposite? When I googled
rent seeking it appears to supposed to be initiated by a (corrupt) company to lobby advantages to them by imposing restrictions on the competition that is unwilling or incapable to sink to the same low. Amazon is making themselves look better in the media by raising the wages without having to pay anything extra. Nothing extra to pay since some of the cost increase come from culled benefits.
Amazon's reaction is to the pressure from politicians in the press, not Amazon pressuring the press to make them look bad. So who is lobbying? Amazon or the press?