This article is one of a two-part debate. The opposing argument can be found here.
With an influential presence as the largest electronic retailer in the world, Amazon is a growing and unstable power, threatening to monopolize the market. As the corporation continues a high-profile search for a home for its second headquarters, it’s imperative to be mindful of unchecked growth and consider the consequences of fielding yet another tech giant.
The creation of a second headquarters in San Jose could cause significant problems: increasing traffic congestion and population growth in already densely populated regions, with the potential threat of rising house prices for newcomers and residents alike.
With Amazon promising to dedicate approximately $5 billion with the creation of their second headquarters, it seems an appealing deal on the surface.
However, many cities are attempting to woo this big corporation into viewing them as a potential candidate with large tax-breaks and other bountiful incentives, minimizing the corporation’s financial contributions to the city. Housing costs in affordable residential areas such as San Jose and Santa Clara could potentially spike if Amazon were to take interest and create a headquarters nearby, contributing to an already potent housing crisis. The near-constant traffic congestion throughout the weekdays would only grow worse. Tax breaks and incentives relieve Amazon of responsibility to our increasingly strained community, only to be exacerbated as Amazon continues to grow larger and larger as the world’s biggest internet company by revenue.
If left unchecked, Amazon will continue to grow into a monopoly of sorts, a process that has already begun; the company controls a vast majority of online market transactions and acquires wealth with every single exchange made.
As the world’s largest market-retailer it would seem fair to many that tax-breaks would be offered to them for investing in such large amounts of money with the intent to create thousands of jobs, however there should some limit to the gain they acquire through individual transactions from every item sold on their website.
Amazon has expanded at an incredible pace over the course of a few years, allowing for them to accumulate immense wealth and renown across the world.
As Amazon fields numerous offers to create their headquarters at specific areas, what’s to stop them from building a second headquarters in the near future with the intent to acquire more tax-breaks and in the process and expand its global reach to empower itself further? Amazon is growing quickly, like a weed sticking out of the cracks in various places along sidewalks: moving ever so swiftly, unchecked and uncontrolled.