Keeping Our Streets Alive, One Purchase At a Time
There is a movement afoot these days to highlight the broader civic effects of Amazon’s ever-growing market-share in the sale of physical books. Short version: it’s not just you neighborhood bookstore that’s impacted by monopolistic activity (Paul Krugman’s depiction, not our “biased” one), but the economic stability of your community as a whole.
From a recent nation-wide study, “Amazon and Empty Storefronts”:
ESSENTIAL NATIONAL FINDINGS
In 2014, Amazon sold $44.1 billion worth of retail goods nationwide, all while avoiding $625 million in state and local sales taxes.
That is the equivalent of 30,000 retail storefronts, 107 million square feet of commercial space, which might have paid $420 million in property taxes.
A total of more than $1 billion in revenue lost to state and local governments, $8.48 for every household in America.
Amazon also operated 65 million square feet of distribution space, employing roughly 30,000 full-time workers and 104,000 part-time and seasonal workers.
Even counting all the jobs in Amazon distribution centers, Amazon sales produced a net loss of 135,973 retail jobs.
It’s sobering stuff. And we post it not merely to bang the war-drum kettle, but to thank you, our friends and neighbors, for doing your part to resist the deadening of our local streets and workplaces.