Seattle Booms Because Amazon Is The Master Of Platform Capitalism

Earlier this month Amazon announced a deal to buy Whole Foods for $13.7 billion in cash. The news precipitated a $32 jump in Amazon’s stock price–which equaled a $15.6 billion increase in market capitalization–leading some commentators to declare Amazon had purchased Whole Foods for free. The deal hinted at why the regional economy is booming: … Continue reading Seattle Booms Because Amazon Is The Master Of Platform Capitalism