Wal-Mart

"rw" wrote in message
m...
Jonathan Cook wrote:

As far as I can tell, any capitalist ought to hold Walmart up
as the acme of capitalism.

Wal-Mart gives capitalism a bad name....

Actually, it's capitalism that gives capitalism a bad name.

Wolfgang
a trait, one should not need to point out, that it shares with marxism,
socialism, theism, agnosticism, idealism, autism, witticism, etc.

"Gene Cottrell" wrote in message
...
You don't seem to know the difference between 'capitalism' and capitalize.
Capitalism is an economic system in which the means of production and
distribution are privately or corporately owned and development is
proportionate to the accumulation and reinvestment of profits gained in a
free market. Whereas to capitalize in the sense you are using it, is to
turn something to one's advantage. Wal-Mart has a bad name because it
comes into a town and systematically puts the small businesses out of
business. For example, they will make pharmaceutical prices so low that
the local pharmacy can't compete at all. Once they're out, Wal-Mart raises
it's prices, then next it's the hardware store, then the clothing store,
then the sporting goods store, etc. True, they can have lower prices than
the local mom and pop stores anyway, but if it's only a little, enough
people will shop the mom and pop to hurt Wal-Mart, so Wal-Mart's policy is
'They must go!' This is not conjecture, it has been proven in court.
After some court loses, they claim to have changed that policy, but I
think they've found other ways to skin that cat - China, wages, benefits,
to name a few. As has been said here, we don't have to shop there, if we
don't like them - that's part of capitalism - but, it seems, "Money talks,
nobody walks."

You don't seem to understand what is implicit in capitalism.

Wolfgang
gee, but it's great to be back home.

"Gene Cottrell" wrote in message
...

...You can't be serious and I doubt you're that stupid.

Hee, hee, hee.

Wolfgang

"Tom Nakashima" wrote in message
...

...OT #2: Interesting facts; I was watching the travel station on Alaska
yesterday...and they have more water per square mile than the rest of the
49 states put together....

Whatever that might mean (assuming it means anything at all), it probably
isn't what you think it is.

Wolfgang
who lives in a state with 12 of the tallest mountain peaks in the world.