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In reply to the discussion: Do you use Amazon to purchase products [View all]herding cats
(20,051 posts)97. I have, and use, an Amazon Prime account to get things both cheaper and that I cannot get locally.
Paul Krugman says he also has an Amazon prime account which he uses a lot and as he says, "so what?"
As a consumer I choose to use Amazon to purchase things I cannot find locally to avoid having to travel, or can't afford to buy locally. Yep, I'm a guilty party. I support local whenever I can, but I don't always have the option, a lot of us don't anymore.
If this was about Paul Krugman's column I'd like to add, the issue for Krugman isn't about who we patronize, but "public action to curb those who have too much power." Krugman was upset about how Amazon is dealing with Hachette.
So far Amazon has not tried to exploit consumers. In fact, it has systematically kept prices low, to reinforce its dominance. What it has done, instead, is use its market power to put a squeeze on publishers, in effect driving down the prices it pays for books hence the fight with Hachette. In economics jargon, Amazon is not, at least so far, acting like a monopolist, a dominant seller with the power to raise prices. Instead, it is acting as a monopsonist, a dominant buyer with the power to push prices down.
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And on that front its power is really immense in fact, even greater than the market share numbers indicate. Book sales depend crucially on buzz and word of mouth (which is why authors are often sent on grueling book tours); you buy a book because youve heard about it, because other people are reading it, because its a topic of conversation, because its made the best-seller list. And what Amazon possesses is the power to kill the buzz. Its definitely possible, with some extra effort, to buy a book youve heard about even if Amazon doesnt carry it but if Amazon doesnt carry that book, youre much less likely to hear about it in the first place.
So can we trust Amazon not to abuse that power? The Hachette dispute has settled that question: no, we cant.
Its not just about the money, although thats important: By putting the squeeze on publishers, Amazon is ultimately hurting authors and readers. But theres also the question of undue influence.
Continue reading the main story
And on that front its power is really immense in fact, even greater than the market share numbers indicate. Book sales depend crucially on buzz and word of mouth (which is why authors are often sent on grueling book tours); you buy a book because youve heard about it, because other people are reading it, because its a topic of conversation, because its made the best-seller list. And what Amazon possesses is the power to kill the buzz. Its definitely possible, with some extra effort, to buy a book youve heard about even if Amazon doesnt carry it but if Amazon doesnt carry that book, youre much less likely to hear about it in the first place.
So can we trust Amazon not to abuse that power? The Hachette dispute has settled that question: no, we cant.
Its not just about the money, although thats important: By putting the squeeze on publishers, Amazon is ultimately hurting authors and readers. But theres also the question of undue influence.
He's raising a good point, and one we should all consider, but it's important to note he's not saying he's not going to continue to patronize Amazon for the items he's getting cheaper, and/or more conveniently, than he can buy elsewhere. He's saying we should be paying attention to them and the power they're accumulating. Very close attention. However, he's not mentioning the impact Amazon has on local retailers, which is my main concern when I shop.
If I can get it locally I do, if I can't I don't torture myself for being a selfish consumer and just buy from where I can get it cheapest. Sometimes, more often of late, that place is Amazon. Which since they have a local warehouse near me is sometimes helping out my local economy to some extent.
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Pretty soon, with our "overlords" seeing to it that we work 2 or 3 jobs and have no time off at all.
hlthe2b
Oct 2014
#1
Sometimes I do that. Their reviews have become an important part of decision-making.
stevenleser
Oct 2014
#59
Almost never. Sometimes a retailer will only sell through Amazon, so then I'll use it.
Brickbat
Oct 2014
#4
1st editions make great gifts, but other than a Vonnegut and Jim Carroll, I don't own any.
FSogol
Oct 2014
#73
I use it for things I cannot get anywhere else at anywhere near the price seemingly.
brewens
Oct 2014
#7
Yup. I buy everything I can at Costco for that reason. We have Winco opening soon in my
brewens
Oct 2014
#76
Run "netstat -an" or "netstat -a" to see how many connections to Amazon servers
seveneyes
Oct 2014
#12
"unionized highly paid"? Buying from local mompop shop means they will have $ to buy from you
uppityperson
Oct 2014
#78
They will only survive if we help them. I order online also, but do what I can to keep asm
uppityperson
Oct 2014
#86
I use it mainly to buy stuff that is either hard to find or hard to transport.
The Velveteen Ocelot
Oct 2014
#33
Yes I use Amazon. We should keep in mind that this giant 'retailer' is also an
snappyturtle
Oct 2014
#54
I have, and use, an Amazon Prime account to get things both cheaper and that I cannot get locally.
herding cats
Oct 2014
#97