by Alec MacGillis ‧ RELEASE DATE: March 16, 2021
A sobering portrait of how Amazon is remaking America.
ProPublica senior reporter MacGillis tallies the hidden costs of Amazon’s influence on the American economy and workforce.
In a report that pulls back the curtain on some of Amazon’s less well-known policies and practices, the author writes that the net worth of CEO Jeff Bezos increased by an astounding $25 billion in just two weeks early in the pandemic. MacGillis casts that wealth as an example of the “winner-take-all economy” that has sprung up in a handful of U.S. regions as tech giants have moved in, often at the expense of local residents or institutions. Drawing on interviews with Amazon workers and other sources, the author excels at showing how the Seattle-based company plays communities against one another in seeking sites for new facilities that may promise only modest job growth. That happened most notably during its search for a second headquarters—“a grand nationwide reality show, a Bachelor for cities to compete for the affection of a corporation”—before the company gave up on New York and chose the D.C. metro area. Even smaller cities may feel the pressure to offer the company outsized tax exemptions or other concessions. Ohio gave Amazon a $270,000 tax credit to turn a former Chrysler plant in Twinsburg into a sorting facility with only 10 full-time jobs (though with many more part-time holiday workers): “Twinsburg added a seven-year 50 percent property tax exemption that would cost it $600,000, most of which would have gone toward its schools.” In showing the human costs of all of this, MacGillis at times relies on overlong profiles of or unedifying quotes about Amazon’s corporate casualties (“I want people to know he was a great dad”; “It still hasn’t really sunk in that my brother is gone”). Nonetheless, the book abounds with useful information for anyone weighing the costs and benefits of having an online behemoth come to town.
A sobering portrait of how Amazon is remaking America.Pub Date: March 16, 2021
ISBN: 978-0-374-15927-6
Page Count: 400
Publisher: Farrar, Straus and Giroux
Review Posted Online: Jan. 12, 2021
Kirkus Reviews Issue: Feb. 1, 2021
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by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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SEEN & HEARD
by Matthew Desmond ‧ RELEASE DATE: March 21, 2023
A clearly delineated guide to finally eradicate poverty in America.
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A thoughtful program for eradicating poverty from the Pulitzer Prize–winning author of Evicted.
“America’s poverty is not for lack of resources,” writes Desmond. “We lack something else.” That something else is compassion, in part, but it’s also the lack of a social system that insists that everyone pull their weight—and that includes the corporations and wealthy individuals who, the IRS estimates, get away without paying upward of $1 trillion per year. Desmond, who grew up in modest circumstances and suffered poverty in young adulthood, points to the deleterious effects of being poor—among countless others, the precarity of health care and housing (with no meaningful controls on rent), lack of transportation, the constant threat of losing one’s job due to illness, and the need to care for dependent children. It does not help, Desmond adds, that so few working people are represented by unions or that Black Americans, even those who have followed the “three rules” (graduate from high school, get a full-time job, wait until marriage to have children), are far likelier to be poor than their White compatriots. Furthermore, so many full-time jobs are being recast as contracted, fire-at-will gigs, “not a break from the norm as much as an extension of it, a continuation of corporations finding new ways to limit their obligations to workers.” By Desmond’s reckoning, besides amending these conditions, it would not take a miracle to eliminate poverty: about $177 billion, which would help end hunger and homelessness and “make immense headway in driving down the many agonizing correlates of poverty, like violence, sickness, and despair.” These are matters requiring systemic reform, which will in turn require Americans to elect officials who will enact that reform. And all of us, the author urges, must become “poverty abolitionists…refusing to live as unwitting enemies of the poor.” Fortune 500 CEOs won’t like Desmond’s message for rewriting the social contract—which is precisely the point.
A clearly delineated guide to finally eradicate poverty in America.Pub Date: March 21, 2023
ISBN: 9780593239919
Page Count: 288
Publisher: Crown
Review Posted Online: Nov. 30, 2022
Kirkus Reviews Issue: Jan. 1, 2023
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