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The $50 Million Venetian Wedding of Robber Baron Jeff Bezos
Like the ruthless tycoons of yore, his business practices are unethical, he has amassed a vast fortune on the backs of his workers, and he has brutally stifled competition and controlled markets.
Jul 07, 2025
With all the fawning coverage of Jeff Bezos’ storybook $50 million Venetian wedding, the news media lost sight of fact that Bezos—the third-richest person in the world—is hardly worthy of veneration. He’s been exploiting Amazon workers for years.
Historians have drawn parallels between the Gilded Age of the late 19th century and what we are experiencing today. Like the first Gilded Age, Gilded Age 2.0 is marked by increasing economic inequality, the concentration of wealth in the hands of a few, and a rise in populism and social unrest.
Jeff Bezos fits the profile of a latter-day robber baron to a T. Like the ruthless tycoons of yore, his business practices are unethical, he has amassed a vast fortune on the backs of his workers, and he has brutally stifled competition and controlled markets.
Amazon terrorizes its workers
With their manifestly unsafe working conditions, Amazon warehouses are a 21st-century version of a Gilded Age sweatshop. Despite the company’s claims that it protects its workforce, an 18-month investigation released last December by a Senate committee led by Sen. Bernie Sanders (I-Vt.) found that the nation’s second-largest private-sector employer risks its workers’ health and safety by prioritizing speed and profit, and it is doing quite well on that score. Last year, the company outpaced Walmart, the largest private-sector employer, by netting $59.2 billion—a 95 percent increase from 2023.
“Amazon forces workers to operate in a system that demands impossible rates and treats them as disposable when they are injured,” Sanders said in a statement. “It accepts worker injuries and their long-term pain and disabilities as the cost of doing business.”
Based on Amazon’s own data, the Senate committee found its warehouses recorded 30 percent more injuries in 2023 than the warehousing industry average and that the company systematically underreported injuries to hide the fact that its facilities are significantly more dangerous than that of other companies. It also found that Amazon workers, who represent about 29 percent of the U.S. warehousing industry workforce, were nearly twice as likely to be injured as other company warehouse workers in each of the previous seven years.
The committee, which contacted nearly 500 former and current Amazon employees, also uncovered evidence that Amazon is aware that its oppressive productivity demands are causing frequent injuries. The company drafted plans to lower injury rates but never implemented them because it feared they would undercut profits.
Amazon pays its workers peanuts
Bezos, who stepped down as Amazon’s CEO in 2021 but remains the company’s executive chairman and biggest shareholder, paid himself a salary of $81,840 in 2020 and earned $1.6 million in compensation. That may not seem so excessive, but he makes the bulk of his money from stock. All told, between 2023 and this year, he made about $8 million an hour.
By contrast, Amazon’s 1.2 million warehouse workers are just scraping by. They make anywhere from $8.41 to $20.19 an hour, according to data compiled by Zip Recruiter. Their average hourly rate—$16.35—amounts to only $34,000 a year.
Roughly half of nearly 1,500 Amazon warehouse workers surveyed in the spring of 2024 by the Center for Urban Economic Development (CUED) at the University of Illinois Chicago reported that they struggle to afford enough food or a place to live. A third of them had to rely on public assistance, mainly in the form of SNAP benefits.
“Many Amazon associates cannot pay their bills, they can’t afford proper housing,” one survey respondent told CUED researchers. “Some of my coworkers have been forced out of their homes. We are stuck in a nightmare, living in an economy that puts no cap on worker exploitation, while our wages can’t keep up with the increase in our cost of living. This cycle has to stop.”
Most of the Amazon warehouse workers’ attempts to unionize have been squelched by the company, which spent more than $17 million on anti-union consultants from 2022 through 2023. In 2021, a labor activist group, the Congress of Essential Workers, founded the Amazon Labor Union (ALU), which successfully organized an 8,300-person warehouse on Staten Island in March 2022. ALU affiliated with the Teamsters Union in June 2024, but to date, no other warehouses have been unionized.
Amazon slapped with tens of millions in fines
Since 2000, lawsuits by government authorities and private parties have cost Amazon (including Whole Foods) more than $283 million for a range of violations, notably consumer protection, employment, environment, government contracting, and workplace safety offenses, according to data compiled by Good Jobs First, a nonprofit group that promotes government and corporate accountability. Nearly 60 percent (101) of the 173 violations in those five categories involved workplace safety.
Amazon warehouse and delivery operation violations since 2020 are staggering.
- The Occupational Safety and Health Administration (OSHA) fined Amazon more than $1.35 million for 23 workplace violations. Three state agencies collectively fined the company nearly $600,000 for similar health and safety offenses.
- Federal and state authorities fined the company nearly $74.2 million for five wage and hour violations, while private lawsuits forced the company to pay $26.45 million in restitution.
- The Federal Trade Commission and Department of Justice fined the company $25 million for privacy law violations, including illegal surveillance and unauthorized medical inquiries. A similar privately brought case in federal court forced Amazon to pay $95 million.
Less enforcement under the Trump administration?
Will the Trump regime be as aggressive as previous administrations in prosecuting Amazon for its labor infractions? Given the efforts by Bezos and Amazon to curry favor with Donald Trump, probably not.
Amazon donated $1 million to Trump’s inaugural fund, and in January, it was widely reported that the company will pay a whopping $40 million to license an upcoming documentary about Melania Trump to be released in theaters and streamed on Prime Video. The first lady will serve as executive producer.
In February, Trump nominated Amazon’s former senior safety executive, David Keeling, to head OSHA. During Keeling’s tenure at Amazon, the company was cited numerous times for failing to meet the OSHA requirement “to furnish a place of employment which was free from recognized hazards that were causing or likely to cause death or serious physical harm to employees,” according to the Department of Justice. (The Senate has yet to confirm his nomination.)
Since then, Bezos has gone even further to placate Trump. In late April, Punchbowl News reported that Amazon planned to display on its website how much Trump’s tariffs are inflating the price of each product. In response, White House Press Secretary Karoline Leavitt called it “a hostile and political act” and Trump phoned Bezos to complain. Bezos backed down immediately.
Then there’s what Bezos has been doing to wreck one of the top newspapers in the country—The Washington Post—which he bought in 2013. But that’s a column for another day.
Suffice it to say, the rap sheet on Bezos is long—and damning. Like his fellow robber barons of the day, Elon Musk and Mark Zuckerberg, he is not a man who deserves our reverence. Uncritical worship of billionaires like Bezos just may exacerbate an already dangerous level of social inequality. So let’s not go gaga over Bezos’ grandiosity.
This article first appeared at the Money Trail blog and is reposted here at Common Dreams with permission.
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The Billionaire Oligarchs Are Dancing in the Street
The Republicans who passed this bill must pay a political price. It's time to get to work.
Jul 02, 2025
Editor's note: U.S. Senator Bernie Sanders released the following after Republicans in the U.S. Senate approved their "big ugly bill" on Tuesday, July 1, 2025.
The reconciliation bill that Republicans passed in the U.S. Senate by one vote on Tuesday will give the top 1% a trillion dollars in tax breaks. At a time of unprecedented income and wealth inequality, the very rich just got much richer.
Pathetically, these tax breaks for the wealthy are paid for by a trillion dollars in cuts to Medicaid and the Affordable Care Act. The result of those cuts will be that over 16 million Americans will lose their health insurance and an estimated 50,000 will die unnecessarily each year. These cuts will also be devastating to rural hospitals, nursing homes and community health centers.
But that’s not all. While the very rich celebrate their good fortune in fancy restaurants, this bill cuts nutrition programs for hungry kids and, because of cuts to education, will make it harder for working class young people to afford college.
And for those of us concerned about climate change, this bill makes a very ominous situation even worse. It delivers massive reductions in funding for energy efficiency and sustainable energy while giving even more corporate welfare to the fossil fuel industry.
The Republicans who passed this bill must pay a political price. Starting now, we must work overtime to make certain that these corporate controlled politicians are defeated in 2026.
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Who’s Afraid of Zohran Mamdani? Billionaires
Oligarchs are furious that the nation’s capital of capitalism is in danger of serving people instead of megaprofits.
Jun 30, 2025
The Supreme Court’s first chief justice, John Jay, would have empathized with the billionaires who’ve been freaking out ever since Zohran Mamdani won the Democratic primary for mayor of New York last Tuesday. “Those who own the country ought to govern it,” Jay insisted. But now, oligarchs accustomed to such governance are furious that the nation’s capital of capitalism is in danger of serving people instead of megaprofits.
Meanwhile, among progressives, euphoria is especially fitting because the Mamdani campaign’s win was truly a people-powered victory, thanks to active efforts of 40,000 volunteers. In a city where registered Democrats outnumber Republicans 6-to-1, the Democratic nomination would ordinarily be a virtual guarantee of winning the general election. But the forces of oligarchy now mobilizing could disprove a claim that “Mamdani’s widespread appeal represents the total collapse of a Democratic Party establishment.”
Such a collapse is very far from certain.
Beneath all the froth and bombast, extremely wealthy individuals are busy gauging how to prevail against the threat of democracy and social justice.
On the surface, former New York Gov. Andrew Cuomo’s decision to stay on the fall ballot as an “independent,” while incumbent Mayor Eric Adams does likewise, seems to foreshadow splitting the anti-Mamdani vote. But Cuomo still has a substantial electoral following. And the corrupt Adams—who cut a deal with President Donald Trump to viciously betray immigrants and got his criminal indictment thrown out by Trump’s Justice Department—has no better ethics than the disgraced former governor Cuomo. Bankrolled by wealthy donors, the pair might make some kind of pact, with one of them telling his followers to unify behind the other before voting begins this fall.
In any case, a key context of the upcoming election battle is that hell hath no fury like corporate power scorned.
A social-media screed by hedge-fund manager Bill Ackman (net worth: upward of $9 billion) was damn near apoplectic that activists and voters had so terribly transgressed. Ackman described himself as “a supporter of President Trump” while expressing a fervent desire “to save the Democratic Party from itself.” Mamdani’s policies, Ackman wrote late Wednesday night, “would be disastrous for NYC. Socialism has no place in the economic capital of our country.”
But Ackman held out hope that those owning the city of New York could continue to govern it: “Importantly, there are hundreds of million of dollars of capital available to back a competitor to Mamdani that can be put together overnight... so that a great alternative candidate won’t spend any time raising funds. So, if the right candidate would raise his or her hand tomorrow, the funds will pour in. I am sure that Mike Bloomberg will share his how-to-win-the-mayoralty IP [intellectual property] and deliver his entire election apparatus and system to the aspiring candidate so that the candidate can focus all of his or her energy on the campaign.”
Another aggrieved hedge-fund multibillionaire, Daniel Loeb, opted to be concise: “It’s officially hot commie summer.” Many other moguls have also sounded alarms. But beneath all the froth and bombast, extremely wealthy individuals are busy gauging how to prevail against the threat of democracy and social justice.
In the Empire State, there are many ways for the empire to strike back. The constellation of forces now regrouping with a vengeance includes titans of Wall Street, enormous real estate interests, pro-Israel groups, corporate media, the anti-progressive rich, and assorted smear artists.
In recent weeks, the completely false charge of antisemitism has escalated against Mamdani. He has taken a principled and consistent stand on behalf of human rights for all—in the process, denouncing Israel’s war on Palestinian civilians in Gaza—while at the same time opposing rapacious corporate power. So, it’s no surprise that New York’s most powerful Democrat, Sen. Minority Leader Chuck Schumer, has been dodging the question of whether he’ll endorse Mamdani in the general election.
For decades, Schumer’s campaign coffers have bulged while he has been hugely compensated by Wall Street. He has also remained a staunch supporter of Israel, despite its systematic ethnic cleaning and genocide against Palestinian people. A few months ago, Schumer declared: “My job is to keep the left pro-Israel.”
What happened in the state’s second-largest city in 2021 is important to understand. Democratic socialist India Walton was the candidate of a grassroots campaign that stunned the party establishment in the Democratic primary when she defeated Buffalo’s corporate mayor, four-term incumbent Byron Brown. As the Democratic nominee, she seemed set to win the general election in the blue city. But a coalition of furious Democratic power brokers and deep-pocketed Republicans, including racists and vehement haters of the left, aided by much of the city’s mass media, teamed up to smear her and ending up getting Brown elected as a write-in candidate.
Last weekend, I asked India (now a colleague at RootsAction, where she is senior strategist) how she saw the Mamdani campaign. “Watching the New York City mayoral primary from Buffalo last Tuesday gave me a familiar feeling,” she said. “As I watched the results come in, I felt a flutter in my gut and a sense of pensiveness. A feeling of overwhelming joy and a fear that it would be snatched away despite my attempts to cling to it. I imagine that as Zohran watched, he also felt a sense of familiarity. In 2021, Zohran Mamdani supported my run for Buffalo mayor; I was a first-time unknown candidate challenging a 16-year incumbent, and conventional wisdom said it was an impossible race to win. Now, in 2025, Zohran has once again toppled the establishment. I’m starting to think that populist policies that focus on working people are a winning strategy.”
That strategy is now striking fear into the hard hearts of insatiably greedy billionaires.
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