What makes the Amazon-Whole Foods deal so problematic is that they are going into an industry with large infrastructure, brick-and-mortar cost, and seeking to build consolidation where we already suffer from consolidation. It's not like Walmarts and Targets have been good for wages or local grocery stores or niche producers.

The fruits of the economy and all the advantages of technology and globalization have gone far more to the investor class and the professional class and not as much to the working class. Partly because of the loss of labor unions, partly because of things like a lack of antitrust enforcement, policies that have privileged shareholder returns.

We have an economy that's really geared toward rewarding the investor class. What are we doing to make sure that people who want to have a middle-class life are able to keep up?

Ro Khanna Quotes