I guess the bad PR was getting to be a bit much: Amazon has raised its minimum wage to $15/hour, up from the US minimum wage of $7.25. It’s still too low, but christ, how can someone live on seven bucks an hour? American labor policies are disgraceful, and it sure would be nice to have a political party that hadn’t abandoned support for workers ages ago.
Amazon’s market capitalization currently stands near $1 trillion; it paid Bezos, its founder and CEO, $1.68 million last year. But as Amazon’s stock has risen, so has Bezos’ net worth — it’s currently estimated around $165 billion.
Anyway, it’s a little progress, so this seems appropriate.