Pitchfork Economics with Nick Hanauer cover image

Chokepoint Capitalism (with Cory Doctorow and Rebecca Giblin)

Pitchfork Economics with Nick Hanauer

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Impact of Large Corporations on Wages and Content Creation

This chapter explores the effect of companies like Amazon and Walmart on wages in the retail industry, highlighting how their entry led to a decline in wages, especially in grocery. It also discusses the consolidation of content creation platforms and the subsequent loss of audience. Additionally, a personal account is shared regarding the challenges of working with major retailers in a family manufacturing company.

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