If people choose to purchase through Amazon, it's generally because they provide a better experience (i.e. more value per dollar spent) than their competitors.
Sitting on cash is expensive, due to inflation and taxes. It's generally better to re-invest. People are generally compensated as a function of the value they add to the company. If someone else can do a better job for less money, it would be in the board's best interests to hire them.
I do agree, though, that unwise expenditure of resources (mansions and watercraft, et all) should be criticized, though not high net-worth per-say. The problem, though, is that the common man is also guilty of unwise expenditure of resources. E.g. taking a vacation instead of providing life saving vaccines.
Sitting on cash is expensive, due to inflation and taxes. It's generally better to re-invest. People are generally compensated as a function of the value they add to the company. If someone else can do a better job for less money, it would be in the board's best interests to hire them.
I do agree, though, that unwise expenditure of resources (mansions and watercraft, et all) should be criticized, though not high net-worth per-say. The problem, though, is that the common man is also guilty of unwise expenditure of resources. E.g. taking a vacation instead of providing life saving vaccines.