Amazon’s decision to deliver a minimum wage to its employees this week was, on its face,  the right thing to do and the smart thing to do.

Amazon build moats around their moves that competitors struggle to match. Whether it’s price or speed of delivery or convenience, Amazon sets a bar that competitors cannot reach.

By pushing up hourly rates for workers, Jeff Bezos has thrown down the gauntlet to his competitors. (Walmart pay $11.50 an hour for warehouse staff).

It’s worth remembering, of course, that Jeff Bezos is worth the annual GDP of Denmark. So communism this isn’t.

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