The "Everything Store" and the Changing Economy

As another holiday season reaches a frenzied climax, more American shopping takes place on line than ever before. Amazon, the major force in e-commerce, is leaving Best Buy, Target and even WalMart far behind -- not just now but for the foreseeable future. Massive investment is finally paying off for consumers who want stuff now, although relentless cost cutting creates a "dark side" for many workers. But the big story may be Jeff Bezos' vision of a new economy with Amazon the dominant player.