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Tuesday, November 15, 2005

In Defense of Wal-Mart

.

There are plenty of entry points for business aside from directly attacking Wal-Mart.

The reason Wal-Mart has prospered is that it gives people what they want.

If the people wanted something different they would spend their dollars in a different way.

Those that fight Wal-Mart present all sorts of red herrings, but what it comes down to is envy.

Look at how many of the articles end up by talking about how much money the heirs have. Envy.

Wal-Mart provides what people want.

To change that you would have to rob from all those poor people that need low prices to help those that hate success.


"The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery." - Winston Churchill


We can have what Soviet Russia had, limited and controlled poor quality products somewhat equally distributed to those that lacked connections; or we can have free markets.

In free markets some will prosper beyond others. - That is a good thing.

To those screaming about the horrors of free markets;
please yourself if you wish to live in a wattle and daub hut surviving on gruel while experiencing frequent famines and plagues. Rational people tend to prefer the better life offered by an open and free society. Don't demand others give up their lives by spieling your emotional screed reinforced with factual errors; and don't procure some government busybody to demand it of others for you. That is still theft. )

Someday Wal-Mart will be surpassed by a better company, just as they replaced K-Mart (Do you remember the same complaints about K-Mart, I do). Everyone will again benefit as the free market works.

Under free markets the gap will continue to expand between rich and poor; but the poor will be richer than they ever were.

Free markets help everyone, except a few protected groups that would penalize all to their benefit.


Those that scream at Wal-Mart fall into three groups:

  • those that would sell the poor out so they can personally benefit
  • those that hate to see someone prosper more than they do (envy)
  • those that have been fooled by the above and their false arguments.


If you want change, look to smaller government that interferes less with small business; less regulation and taxes are a better way to even the playing field.

Not shooting at those that give people what they want, at a price they can afford.

.

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11 Comments:

Blogger Orikinla Osinachi. said...

Two thumbs up for the hard facts.
You expressed the truth in economic reality.

6:50 AM  
Blogger Icarus Goodman said...

well said. I continue to be amazed at the zealous hatred of this American success story. Personally I do fear for Wal-Mart's future, not becuase of any government actions, just because they seem to be slipping.

8:28 PM  
Anonymous MsFreud said...

Yea Capitalism. Being now in Germany with a truly evil shopping experience (AAFES), I miss the Wal-Mart. They did have what I wanted, and I was happy to go there and drop 150 dollars every week on this and that. Although I do think they have damaged the "little guy" in many of the smaller markets they have pursued, they are a necessary casualty in the war to bring consumers what they ask for.. in this case wide variety and lower prices.

12:51 AM  
Anonymous Jeremy said...

http://www.wakeupwalmart.com/facts/

3:28 PM  
Blogger Icarus Goodman said...

Jeremy, is that site supposed to make me hate Wal-Mart? Because it failed miserably.

10:50 PM  
Anonymous allan said...

Jeremy,

It sounds like Wal-Mart runs a business for profit.

I like that.

So do the people that chose to work there, it means they will have a job next year.

What those entry level service jobs provide is training, so the workers can get a better job or start their own business.


Allan

11:59 PM  
Blogger G_in_AL said...

The premise that Wal-Mart is unfair or "bad" in any way is usually yelled out by the same people that shop there the most.

Hey, as long as we like to buy things cheaper... what-da-ya-gonna do? Thanks for the stop Allen.

11:16 AM  
Anonymous paul said...

I think Wal-Mart is bad, and I have chosen to shop elsewhere. It actually creates its own customers by employing many people and paying them low wages. Wal-Mart engages in repugnant busines practices. Just because I see Wal-Mart in a negative light does not mean I am envious of the company, and I doubt this country would be better off if all companies chose to employ the Wal-Mart model. CostCo treats its employees much better and still turns a profit. I don't see why the greed infested culture at Wal-Mart should be applauded.

8:04 PM  
Anonymous allan said...

Paul,

Thanks for responding.

Those employees chose to work for Wal-Mart. I find no problem with free choice.

You may not be envious of Wal-Mart, although many are.

My guess is you are swayed by emotional arguments by their competitors. I also doubt if your knowledge of business practices goes any deeper than listening to a fraud that hates Wal-Mart.

I do not applaud Wal-Mart, I just think the attacks are not based on what the folks involved with Wal-Mart want.

I imagine the employees would like a raise, but if they don't enjoy Wal-Mart they can learn there and start their own business.

How do you treat your employees?

.

9:48 PM  
Blogger 4given4ever said...

Paul, I work for Wal-Mart. I am one of those employees that are so unfairly treated and lowly paid as you put it. The truth is, I love my job at Wal-Mart. I am treated very well, have great benefits, my pay is just about what it is when I was driving over 100 miles a day to work 12 hours a day. So go figure. I love Wal-Mart. I am 45 years old and have been laid off 5 times in the last 10 years. I don't see that happening at Wal-Mart. Wal-Mart is for the working class people. Let the rich go to Abercrombie and Dillards and such. I'll stick with Wal-Mart because it's what I choose to do. Hooray for Wal-Mart!

12:42 AM  
Anonymous allan said...

Forgiven,

Thanks for your input.

It is funny that so many people are willing to speak for you, without any idea of how you feel.

Now we know,

Thanks

12:15 AM  

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