Wal-Mart has done more for poor people than any government program in history.
Well, they are a problem here because they haven't put a store in my neighborhood yet.![]()
What I tend to see is more and more state run/subsidized monopoly systems.
The once small one room school house is a thing of the past.
Next they put the small farm owners out of business by gobbling up farm land and using corporate farming. (Remember the Grapes of Wrath?)
Now they put the small mom and pop stores out if business by gobbling up a big chunk of land near a city or town and use corporate vending.
What's next, corporate housing?
I'm not so happy with the way Walmart treats it's employees. Most I have talked to, have told me they only got to work for a maximum of 89 days. After that time, they were let go.
Now I have to ask, is there a 90 day law where if an employer doesn't keep you employed for at least 90 days, they don't have to provide for your unemployment compensation?
walmart is a scapegoat for a flawed monetary policy.
Walmart wouldn't have as much influence if state and local governments didn't pay them to establish stores in their areas, under the guise that it will "create jobs".
I want them to lobby to get rid of all the regulations on our industries here in the United States. Including minimum wage laws, and the welfare programs.I don't understand the desired end-game.
What would the Walmart haters here like to see Walmart do? Close down their stores and fire everyone? Pay higher wages? Offer more benefits? Only hire union workers? Force the kids and others they've hired in China to go back to working in the fields (or starve)?
It isn't really walmart's fault, they are just another greedy corporation and will do whatever they can within the law to compete.
What about predatory pricing?
I understand that Wal-Mart has a tendency to go after a big lot on a town's outskirt, build a new store, then underprice their inventory to a point that the new store loses money but get several new customers, thus killing off the mom & pop business. When it has established itself as sole superstore, the prices returns to regular levels and store starts to make some profit but the town's economy is basically destroyed and in end, Wal-Mart closes the store and leaves.
Looks like the general consensus is that 90% of evils should be attributed to government, and not Wal-mart.
Besides, they offer the lowest, most unhealthy (in every imaginable way) products available (with a few exceptions). Stroll the aisles looking at Will Smith DVDS, live ’85 albums of hair bands, extra-cheese Doritos, assorted trans. fat products, board games made by hack preachers (literally http://www.shop.com/Your_Best_Life_...steen-39346395-52327888-p!.shtml?sourceid=298 ), etc etc.
Looks like the general consensus is that 90% of evils should be attributed to government, and not Wal-mart. But what about pricing- that's something that Wal-mart decided for itself, no?
Or are you saying that it would be better for those people were forced to pay a lot more, so that their nice, friendly, but over-priced and under-stocked neighborhood stores can survive? Wouldn't it be better if Walmart kept their low prices and everyone just sent the owners of those stores a check instead?It would basically be the same thing.... Or maybe the government should raise taxes and then subsidize the small stores. Yeah, that's what they usually do, right?
You're missing the point. I'm not talking about whether the price are too low, but rather predatory pricing designed to drive out competition.
As I explained in the first post on this thread (quoted in my second post just above), it has been shown that Wal-Mart would open a new store, then set prices artificially low to attract new customers, thus kicking out the small business out of business, and when it has established a virtual monopoly, returns prices to its usual levels. Wal-Mart usually pumps its profit into the extra store, allowing it to absorb huge loss on its profit margin during the low pricing period, then tries to prop the store up on its own. In some cases, the store just fall flat and thus closes. In the process, the economy is destroyed.
Can this happen in a truly free market? Somehow I'd like to think no...