Quote:
Originally Posted by xmas13
Walmart is BAD.
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They offer very low prices but:
- Very low wages, and lots of people work there part-time.
By their choice, so what's the problem?
- They are killing US manufacturing, and hire 10 year old kids to make t-shirts in Bangladesh.
They streamlined the supply chain line by being
very efficient. That's capitalism for you. Oh, and about those 10 year old kids working in shops for pennies on the dollar? Guess what jobs they were doing before that? You can google for it... trust me -- it wasn't pretty, so this is a step up for them and they welcome it. There's no comparison at all when looking at Bangladesh and the USA, in terms of standard of living, so don't even go there.
- They cheat the US government out of taxes.
Who wouldn't? I remember some high profile companies who's CFO/CEOs went to jail recently for the same thing. All public companies report to shareholders, who demand profits. Funny thing is, your neighbour might be holding stock in Wal-Mart and enabling this very problem.
- They are a monopoly in many areas, anti-competition, anti-union.
They aren't a monopoly, thats just the brainwashed masses getting to you. They aren't anti-competitive, they are just very good at what they do, and they got a marketing engine that works wonders. Ever see your mom and pop store do all their pricing ending in 1 or 7? That alone was brilliant. Anti-union - hell yes! Soon as a union gets in there, wages go through the roof, litigation, terminations take forever or never - LOAs go up, HR costs go through the roof - say goodbye to being price competitive - period.
- Such low prices encourage waste of natural resources.
And that's human nature - in capitalism it's sell sell sell - which means, once you've got everything you need, we gotta re-invent the wheel and sell you crap you don't need, but have to throw away... its wasteful, but it keeps the sales engine rolling.
Anyways.... time to go make some more galleries. Have a good day, and i'm kinda overweight and I love shopping at Wal-Mart.
