Madeline
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- #161
And what was the reason that they "basically chased away all the competition"?
Here, let me help you: they do a better job of serving the public.
"How about the criticism that businesses are just in it for money and profits? That's supposed to be an anti-business slam but upon simple examination, it reflects gross stupidity or misunderstanding. Wal-Mart owns 8,300 stores, of which 4,000 are in 44 different countries. Its 2010 revenues are expected to top $500 billion. Putting Wal-Mart's revenues in perspective, they exceed the 2009 GDP of all but 18 of the world's 181 countries. Why is Wal-Mart so successful? Millions of people voluntarily enter their stores and part with their money in exchange for Wal-Mart's products and services. In order for that to happen, Wal-Mart and millions of other profit-motivated businesses must please people."
Townhall.com::Home::About US
Stop parroting wingnut sites and use your own brain.
They chased away all the competition by using their purchasing muscle to undercut prices. Wal*Mart certainly does not do a better job of 'serving the public'. You obviously do not shop at Wal*Mart. They frequently will have only a handful of registers open, no matter how busy it gets. What is your recourse? When they raise prices, what is your recourse? When they cut selection and choice, what is your recourse? In some areas, there is no recourse.
I thought the wingnut mantra was "competition"? Is that just a talking point for when wingnuts want to get a foothold in a new area? Or when they want to privatize a service that's currently provided by government?
Friend, you are a fine example of the kind of easily-led dolt who fails to see what is right in front of his own eyes: Wal-Mart is the example of the success of competition.
Your masters want to support the unions...which are clearly unpopular with those who think, and know what is best for them, and their families.
And you buy the spin, buy it like was on sale...just not at Wal-Mart.
Sorry, but he's right, PoliticalChic. The syndrome he describes is called "price gouging" and it is illegal. It is a violation of law for a firm to undercut the competition on price to create a monopoly and then raise prices (or not...creating monopoly is itself illegal). If the DOJ had any balls, Wal-Mart's would be made to adhere to the law, but they don't.