2009: WalMart lowers its prices constantly, so their badly paid
workers can afford the junk the company pushes.
VV
Capitalism is an incorrigible shape shifter. It is quite a different
beast today than it was in 1909.
I like the prices at Wal Mart.
What I like better?
In Norway, they have a law that says they can't have a Wal Mart kind
in a town, it has to be on the outskirts.
They are allowed to have a mini-Wal Mart in town.
And, I've done business with Wal Mart suppliers. Wal Mart cheses
them out of every frigging dime.
I work for one of the top 3 IT distributors in the world, and they
hired me to run a program in Canada that has to do with bringing value
back into what is normally a cut-throat, low profit end of commerce.
It's taking what is normally considered a commoddity and repositioning
it into a value proposition.
And it's incredibly successful.
But I learned that from the old days when I was with Xerox, and I was
taught to sell a copier to a customer for list price, even when he was
getting it from the Japanese (I also was with Canon for a decade) for
lower.
I still buy shit from Wal Mart to this day. But if I want sunglasses,
I don't buy them there.
I don't get my tires from Wal Mart. I don't buy my business suits
from Wal Mart!
My BMW? It's made in Germany! Not South Carolina!
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.....yet it is the same 'beast" that all the socialist nations/third world
are asking to bail THEM out at Copenhagen....is'nt it ironic.
Where I work we specifically source from quality companies that also
have a good price, we'd rather pay a bit more to get proper support (eg.
not a revolving door Indian call centre that takes weeks to months to
sort what used to be fixed within a day or two due to complete
incompetance, hence why we don't buy HP any more), and value-add, a term
that is nearly foreign in the IT market these days, but there's some
great companies out there that still manage it.
Large companies quite often wrongly add up the small savings on each
unit, multiply that by thousands (3000 in our case) and again by the
replacement cycle time (4 years in our case) and wrongly assume it's
worth the nightmare for the dollars saved, but companies with any form
of real financial nouse are quickly coming to the conclusion that
down-time, support costs due to lack of supplier support and other
non-tangible costs easily out-weigh the small unit additional cost of
buying quality over cheap.
No. For all his anti-semitic rants, Henry Ford was the REAL THING.
He understood the necessities of running a capitalist structure and
keeping it running. WallMart is a mercantile parasite that creates
nothing and adds no value. It sucks the blood of capitalists and
workers alike.
Dhu
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Duncan Patton a Campbell is Dhu
In Norway, a place with a GDP per capita higher than the USA and rated number
2 in the world for many things, including health care, they made a rule where
small towns have the right to refuse a Wal Mart (because it sucks the life out
of the local economy when it comes to small business retail).
But, as Norwegians are known to do. They allow Wal Marts. But they must be
outside of the town limits and are as a concession, allowed to have a "mini
Wal Mart" on the main street.
So, if you want to visit the "big Wal Mart", you have to dust the snow off of
your Saab, Volvo, Skoda or whatnot, and head out of town!
Or if it's winter in Norway, you put on your cross country skis!
I hate "big box" stores. Man! I picked up a HDTV the other day and couldn't
get knowledgable service from Best Buy or Future Shop. They had no stock
either.
So, I bought it from a local, who also dropped the price by 2.5% because I
paid with a stack of $20 bills. Not a credit card. And it was cheaper
anyhow!
Tell me that the big stores would do that! C'mon!
> No. For all his anti-semitic rants, Henry Ford was the REAL THING.
> He understood the necessities of running a capitalist structure and
> keeping it running. WallMart is a mercantile parasite that creates
> nothing and adds no value. It sucks the blood of capitalists and
> workers alike.
You confuse capitalism with simple commerce.