Not sure how this economic illiterate Twitter post has nearly 100 upvotes within an hour. This is not how a subsidy works. I'm sure Amazon execs would be happy for the government to end their "subsidy", which would increase the demand for employment and downwardly pressure wages. Just because Jeff Bezo's company is primarily a retail company with lower margins than Dan Price's higher margin B2B company doesn't mean that Bezos is any more responsible for people's welfare than Dan Price is.
The problem of these bad economic takes is that they make the assumption that if only these greedy companies paid employees more money, all of society's problems would be fixed. We already know that this isn't true. Americans already has the highest incomes in the world. The San Francisco residents have highest incomes in America, but continue to have the worst rates of homelessness in America. Throwing more money won't solve fundamentally broken healthcare and housing systems.
The problem of these bad economic takes is that they make the assumption that if only these greedy companies paid employees more money, all of society's problems would be fixed. We already know that this isn't true. Americans already has the highest incomes in the world. The San Francisco residents have highest incomes in America, but continue to have the worst rates of homelessness in America. Throwing more money won't solve fundamentally broken healthcare and housing systems.