Welcome to episode six of the Building Local Power podcast. For full transcript of the podcast click here.
In this episode, Chris Mitchell, the director of our Community Broadband Networks initiative, interviews Stacy Mitchell (no relation) ILSR Co-Director and Senior Researcher for the Community-Scaled Economies initiative about their latest report: Amazon’s Stranglehold: How the Company’s Tightening Grip is Stifling Competition, Eroding Jobs, and Threatening Communities. Mitchell details the main points from the recent report including the startling fact that nearly $1 of every $2 spent online are spent on Amazon.
Chris and Stacy discuss how Amazon’s impact is not only being felt by other online retailers, but it’s growing stranglehold over manufacturing, shipping and receiving, and online retail platform is harming workers, local communities, and the general health of our country’s economy. Read the report here:
New Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities
“It has become the gatekeeper to online commerce,” says Mitchell of Amazon’s overwhelming online market dominance. “All these other business all have to play by Amazon’s rules, they all have to be dictated to by Amazon.”
Here’s an image from the report, detailing Amazon’s growing monolithic presence:
For more information on the issues that Stacy and Chris discussed, read the Amazon report here. You can follow the work of our Community-Scaled Economies initiative by following Olivia LaVecchia and Stacy Mitchell.
If you missed the first episodes of our podcast you can find those conversations with Olivia LaVecchia here, Neil Seldman here, John Farrell here, David Morris here, and Lisa Gonzalez here. Also to see all of our episodes make sure to bookmark our Building Local Power Podcast Homepage. View the full transcript of the podcast, below.
Full Transcript of Podcast:
It has become the gatekeeper to online commerce and so all these other businesses all have to play by Amazon’s rules. They all now have to be dictated to by Amazon.
Stacy, welcome to Building Local Power.
It’s great to be here. Thanks, Chris.
I’ve been really, really, really excited to talk with you about Amazon in this report. It builds on what Olivia and I had spoken about in what I think was the first episode of Building Local Power. It’s right before Black Friday which is to say it’s right before Thanksgiving, the best holiday. As you can tell from my voice, I’m very enthusiastic.
That’s great. We are too. We’re eager to release this big piece of research.
Yeah, we’re going to talk about Amazon today and particularly about your program’s reaction to Amazon and trying to get people to wrestle with what Amazon is. Stacy, remind us who you are.
Well, I’m Stacy Mitchell and I direct the community scaled economy initiative at ILSR.
I’m Chris Mitchell, the second Mitchell at ILSR, the Institute for Local Self-Reliance. Read the Original