Wal-Mart undercutting practises

[Zippyjuan]

Selling items below cost is good for consumers.

By the way, your friend should take a look at major retail firms' margins.

Short term perhaps. If they continue to do this, then the business will fail and competiion will be reduced and prices become higher.

Is it good that China can produce goods at a lower cost than here (with the help of government subsidies both direct and also in the form of currency manipulation)? You get lower priced goods but jobs are lost here and wages reduced so the average worker has less money to spend on goods in the first place. Is the net effect of that an increased or decreased standard of living? Not easy to say.

 

[Steven Douglas]

Operating deliberately at a loss for any sustained period of time is predatory behavior (a legal term), as it initiates a "last company standing" war of attrition. It is both premeditated and predatory because there are no other plausible reasons, ones that any reasonable and prudent person could see, understand and accept, as to why else any company would engage in this type of behavior. It is not free market competitive, because it actively seeks to destroy competition. It is not a "live and let live, may the best and most productive enterprise win" scenario, but rather a "get deliberately sick so that others will die" strategy.

I have yet to see anyone effectively combat this.

 

[helmuth_hubener]

the stealer didn't use force against you

Ah, this is the root misunderstanding. "Force", in libertarianism, includes force against property. Your property is an extension of yourself. You have it because of that portion of your past which you used to create or trade for it. I highly, highly recommend that you take 10 minutes and watch the folliwing video, maybe a couple times even, to understand the libertarian philosophy, and then, believe me, you will be able to debate us a lot more effectively, right now your lack of understanding about the people you are having debate/discussion with is really hindering you:



Don't worry, it's not designed to convert you if you're not predisposed to libertarianism. It will just educate you. Please be educated. Thank you.

 

[donnay]

Wal-Marx teams up with Homeland Security--If You See Something, Say Something...



Another reason to boycott this wretched store!

 

[Becker]

Don't worry, it's not designed to convert you if you're not predisposed to libertarianism. It will just educate you. Please be educated. Thank you.

Fair enough. I have seen the video many times the past 8 years. And yes, the video is useless unless a person shares the terminology and assumptions.

 

[heavenlyboy34]

This is totally anecdotal...but the last time I was at wally world, the register girl short-changed me (I gave her a 20-spot for 2 bottles of dressing, and she gave me 2 dollars and change in return). The manager said she would review the security tape and call me back. That was more than a week ago-still no call.

 

[donnay]

This is totally anecdotal...but the last time I was at wally world, the register girl short-changed me (I gave her a 20-spot for 2 bottles of dressing, and she gave me 2 dollars and change in return). The manager said she would review the security tape and call me back. That was more than a week ago-still no call.

I guess you learned your lesson, eh?

 

[heavenlyboy34]

I guess you learned your lesson, eh?

Indeed!

 

[Zippyjuan]

You get the quality of help you are willing to pay for. When you offer bottom dollar you get the lower quality worker as well. In this case, you probably would have ended up paying less by going to a store which offered better wages to their workers.

The "lowest price" is not always the best deal. I don't shop at Wally World.

 

[donnay]

Arnold Schwarzenegger at Walmart
Save Money, Live Better
With Security



Arnold Schwarzenegger's late night run to Walmart turned into a full-blown mob scene -- his security team tried in vain to keep the crowd at bay.

Arnold tweeted this pic from the checkout line, with the caption, "Albuquerque is getting cold, so I bought some warm clothes for my crew today. Thanks to the employees who helped me!"

A store employee tells TMZ ... Walmart managers dispatched their in-house security team to control the fans who hounded Arnold for pics and autographs.

Arnold's there shooting a movie -- and we're told he slapped down his Amex to purchase a bunch of long sleeve shirts and a few jackets ... totaling about $300.

http://www.tmz.com/2011/11/05/arnold-schwarzenegger-walmart-photo-new-mexico/#.TrVN3luqbbx

 

[helmuth_hubener]

Fair enough. I have seen the video many times the past 8 years. And yes, the video is useless unless a person shares the terminology and assumptions.

What you are admitting here, then, is that you know perfectly well where libertarians are coming from, you understand quite thoroughly what assumptions we make, what terminology we use, and all the rest. When you make one-line posts of 'isn't value subjective' or 'how do you define collectivism', or 'why is it a force substitute', you are just sniping, playing dumb, attempting to waste people's time.

You have certainly been successful thus far. So, props to you!

 

[Becker]

What you are admitting here, then, is that you know perfectly well where libertarians are coming from, you understand quite thoroughly what assumptions we make, what terminology we use, and all the rest.

I do understand what they assume, and have no problem with that, I have problem when people try to say "just because we assume it, its true and nobody is allowed to disagree, otherwise they must be tyrannist or irrational"

When you make one-line posts of 'isn't value subjective' or 'how do you define collectivism', or 'why is it a force substitute', you are just sniping, playing dumb, attempting to waste people's time.

You have certainly been successful thus far. So, props to you!

No, not playing dumb, just making people talk so they don't put words in anybody's mouth.