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Old 12-23-2005, 07:52 AM   #1
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Welcome Wal-Mart in the Name of Freedom and Justice

Straight from the Ayn Rand Institute
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How would you like to be penalized because you do your work too well--for example, for running your business so effectively that it attracts hordes of happy customers? Well, this is what is happening more and more frequently to Wal-Mart. Recently the West Covina, Calif., city council voted to deny the sale of land to developers who were going to build a Wal-Mart store on the site. The council was concerned that the Wal-Mart store would "threaten" other businesses and replace higher paying jobs in the area with lower-paying ones. The banning of Wal-Mart is being considered by the Los Angeles city council and has occurred in some other California cities as well as in other locations around the country.

Wal-Mart is one of the most impressive success stories in the history of business. Founded some 50 years ago as a single five and dime store in a small Arkansas town, it has grown into a world-wide behemoth under the leadership of its brilliant founder, the late Sam Walton, and his able successors. It is the largest corporation in America in terms of sales, $245 billion. Wal-Mart has over 4,000 stores worldwide, employs 1.3 million people, and serves 100 million customers per week.

It is quite true that Wal-Mart has been successful in outcompeting other stores which sell the same products, such as toys, clothing, and groceries. But how has it been able to do this? By discovering new ways of using computer systems and other technology to better manage its inventory and costs and reap the benefits of economy of scale.

Wal-Mart is especially popular among low-income shoppers who cannot afford the prices of the more upscale stores. It has put other stores out of business, but that is the way capitalism works. The automobile replaced the horse and buggy. Sound motion picture replaced the silents. No one has a "right" to business success or a "right" to be protected from competitors through government intervention. One only has a right to try to compete through voluntary trade. In a free economy, companies that offer the best value for the dollar win and the losers invest their money elsewhere.

It is also true that Wal-Mart pays lower wages than many unionized stores. But it must offer a market wage or risk its employees going elsewhere, and it deals with employees on a voluntary basis. Those who do not like its terms are free to do business elsewhere. This makes the company especially hated by "organized labor," such as the grocery unions. By coercively restricting the supply of labor, these unions, backed by government laws and regulations, have been able to extort wages and benefits far above those which would exist in a truly free labor market. In a free market, how many people doing relatively unskilled work would get $17-19 per hour plus full medical benefits? Unions, of course, have the right to organize and picket but not to benefit from government regulations which give them special favors. No one has the right to dictate what a company offers to pay others.

There is only one morally proper way to keep Wal-Mart out of any community: don't patronize its stores. If Wal-Mart cannot make money in a given location, it will either not move there or will close the store. So far, however, it makes money everywhere it opens a store for one simple reason: customers want to shop there. The low prices Wal-Mart offers make people wealthier. They can buy a wide range of quality goods that they could not otherwise afford and they can use the money they save for other purposes.

Local government should not be allowed to abuse their power by keeping out stores that consumers want to shop in. Nor, of course, should Wal-Mart be allowed to use eminent domain laws, as it is trying to do in several states, to force property owners to sell their land. But given that it refrains from using eminent domain, we should welcome every store that Wal-Mart builds. We should thank this great company for being so good at giving customers what they want that they make huge profits, which enables them to build more stores, hire more employees, give more profit opportunities to suppliers and make even more customers happy.

Wal-Mart should not be feared but should be admired as an American ideal--a classic rags to riches story. It is the quintessential example of an innovator left free to function. Only in a country where individual rights--at least what's left of them--including the right to earn a profit, are recognized, could a company like Wal-Mart arise and prosper. Trying to stop Wal-Mart is not only morally wrong, it is un-American.
link

Ah the individualistic bastardry of objectivists is really a breath of fresh air in a world where social justice and leftist egalistarianism are held in such high regard. They can get just as grating of course but aren't we meant to celebrate diversity in all its forms.

More X-Mas fun from the ARI with Christmas should celebrate reason, selfishness and capitalism.
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Old 12-23-2005, 08:05 AM   #2
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Even if I agreed with Walmart's business practices (or didn't care one way or another about them) I still wouldn't shop there because they have shitty products, the stores are depressing, cruddy and irritatingly arranged (whoever told them their colour scheme was good should be shot), and their employees unhelpful.

Sure it's cheap, but you get what you pay for.
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Old 12-23-2005, 08:29 AM   #3
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Wanna bet no one at the "Ayn Rand Institute" actually works there? It's nice to parade it when the only thing you have to do is profit off of it.

http://www.cnn.com/2005/LAW/12/22/wa....ap/index.html

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The world's largest retailer was ordered to pay $57 million in general damages and $115 million in punitive damages to about 116,000 current and former California employees for violating a 2001 state law that requires employers to give 30-minute, unpaid lunch breaks to employees who work at least six hours.

...

The class-action lawsuit in Alameda County Superior Court is one of about 40 nationwide alleging workplace violations by Wal-Mart, and the first to go to trial. The Bentonville, Arkansas-based retailer, which earned $10 billion last year, settled a similar lawsuit in Colorado for $50 million.
But I guess these are just "ungrateful employees." But they do have one thing right: the best way to defeat this monster is to not shop there. I never have and never will.

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Old 12-23-2005, 08:35 AM   #4
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F WalMart

If they're an American ideal then I think our ideals are quite warped
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Old 12-23-2005, 09:50 AM   #5
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A real american buiseness... Manipulative and choose the most docile employees. No syndicate, of course, because they want to keep controling their people. Just the publicities on TV about Wal-Mart show brainwashed people ! "This is the greatest store I've seen in my life ! I buy everything there ! I'm the happiest person on Earth !" I don't trust at all this american giant at all... sorry.
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Old 12-23-2005, 11:22 AM   #6
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Last Sunday I went shopping at Wal-Mart with my dad...we were able to by groceries for a week for a family of 4, for $50. You can't argue with that.

I don't understand why people expect Wal-Mart to pay so high above minimum wage, when it's essentially minimum wage work. Is it true that more and more people are stuck in that kind of work, and not just as a transitional job? Yes. Is that all Wal-Mart's doing? Probably not...

If you're trying to save some money, the color scheme or arrangement of the store is probably not going to matter, by the way. And the products are really of decent quality, especially if it's just groceries.

Look, I know Wal-Mart is big/evil/ruining America, but it can be good for a lot of people.
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Old 12-23-2005, 11:36 AM   #7
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Quote:
Originally posted by VertigoGal


I don't understand why people expect Wal-Mart to pay so high above minimum wage, when it's essentially minimum wage work. Is it true that more and more people are stuck in that kind of work, and not just as a transitional job? Yes. Is that all Wal-Mart's doing? Probably not...

ILook, I know Wal-Mart is big/evil/ruining America, but it can be good for a lot of people.
Do you know what the minimum wage is ?
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Old 12-23-2005, 11:40 AM   #8
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I think it's around $6.15/hr, I'm not sure what Wal-Mart wages are for a cashier...in any case I'm sure it's not enough to singularly support a family.

eta: from a few different sources, it seems like the average wage of a Wal-Mart employee is about $10/hr.
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Old 12-23-2005, 11:46 AM   #9
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US minimum wage is $5.15 an hour.
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Old 12-23-2005, 12:50 PM   #10
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Quote:
Originally posted by VertigoGal
And the products are really of decent quality, especially if it's just groceries.
maybe the food is ok, but you have to be joking about the rest of the stuff they sell



Quote:
Originally posted by VertigoGal
..in any case I'm sure it's not enough to singularly support a family.
that is correct

my dad works at walmart, I hate them (& so does my mom) with every fiber of my being they fucked us on health insurance & just plain fucked us



sorry, i don't vent much in here but i can't stand people defending walmart
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Old 12-23-2005, 12:56 PM   #11
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Tre*hides....theres a new side to you.

sorry what happened wiht your health insurance
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Old 12-23-2005, 04:17 PM   #12
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Quote:
Originally posted by VertigoGal
I think it's around $6.15/hr, I'm not sure what Wal-Mart wages are for a cashier...in any case I'm sure it's not enough to singularly support a family.

eta: from a few different sources, it seems like the average wage of a Wal-Mart employee is about $10/hr.
My mom just got a job at Wal Mart as a cashier and she is making between $7-$8 as a part-timer. As Indra said minimum is 5.15

And I know people who work there and have worked there and the average $10 figure is about right but it's all relative to experience.
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Old 12-23-2005, 08:15 PM   #13
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It's better than K-Mart. That's all that matter to me. (Not a single decent store for miles around where I live).
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Old 12-23-2005, 09:27 PM   #14
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sorry tre. Not wal-mart specifically but a lot of the places my dad's worked at over the past few years have screwed us out of health insurance.

I guess what I'm saying is...
1. For them to change their policies, people would have to stop shopping there in large numbers.
2. As long as they have such low prices, people are going to continue to shop there in large numbers.
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Old 12-23-2005, 10:40 PM   #15
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Wal-Mart: the greatest benefactor to the Chinese economy....ever.
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