Capitalism's insanity: Bezos earned in one day as much as an Indian Amazon worker would earn in 1,001,430 years!
India has
become the second largest online hub for Amazon, a US-based global
e-commerce conglomerate. It is reported that it supplies 35 million
products all over the country with 41 fulfillment centres across 13
Indian states.
With packing
workers making $233 per month, it is no wonder the corporate giant
wants to expand operations in India. Bezos made $2.8 billion in one
day earlier in June after announcing Amazon’s purchase of Whole
Foods. It would take an Indian Amazon worker 1,001,430 years to make
the same amount.
With a
monthly income of just $233, purchasing food, shelter, and
necessities is nearly impossible. A cheap new compact car costs
$5,000, nearly double a warehouse worker’s annual wage of $2,796.
On the
evening of April 27, Jeff Bezos made $3.3 billion in after-hours
trading within the span of a few hours. For an Indian Amazon
warehouse worker to make what Bezos made per minute—$24,000—he or
she would have to labor 8 years, over one-tenth of the average Indian
life expectancy of 68 years. Put another way, Bezos made as much each
second ($396) as an Indian Amazon warehouse worker makes in 7 weeks.
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