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What are you proposing? That they pay the workers they have doing jobs that require no education and little training 50k/year and go out of business?
One of the stupidest talking points bandied about.
If Xiao Wang voluntarily leaves the village in rural China where he works very hard in farming for little money, travels to the big city to make twice or even 3x as much in a factory and is able to send extra home to improve the lifestyle of his family, he is not a slave. He can leave to return home to the village whenever he wants to earn less money again.
An example of a slave is someone brought against their will from Africa, considered the property of a master, working for no money, no choice. Not someone in China seeking work that pays more in big cities making goods for wealthier westerners.
Excellent points.
Of course, the obvious intent of this thread is to inflame passions--not logic--in the typical communist agitprop tactic of class warfare.
The only problem with that solution is that there is still the top 1%, they still have big houses. It's just that they're dachas on the Black Sea and limos and great houses and nice cars--all extracted from the fruit of the masses' labor--it's just that they "earn" it through cutthroat political activities such as "disappearing" their opponents, instead of working for a living.
Quote:
Originally Posted by marcopolo
I agree, it really is pathetic how little the bottom 30% have made of themselves.
The welfare state + the terrible trade agreements engaged in by the same people who promoted "assistance" for the "underprivileged" has resulted in generations of people with no motivation to work, to get educated, or to know what it is to think critically so they can understand just who has really put the screws to them.
The Walton clan has done what just about anyone else would have done. What are they supposed to do, shed their millions and go live among some tribes somewhere?
Life is not fair. But hard work can have good results. NO work and collecting public assistance for generations has very predictable results, and it's not what "caring about people" is all about at all.
Whining about the Walton family wealth simply embitters the entitled class.
In Brokaw's book "The Greatest Generation" there are numerous horror stories of racial discrimination. OTOH, one of the blacks who fought in the war and then still suffered discrimination was appalled at the creeping welfare of the 1950s and 1960s, which destroyed incentive and character.
There are few things worse than destroying a person's desire to better themselves.
"Redistributing" the Waltons' wealth would put the US in the same class as the USSR. If stolen by the feds, it would be wasted. If "distributed" to "the people," it would result in a check of about $500 each which would go away quickly.
Life is not fair, and government bodies usually--not always--do a very poor job of changing the laws of nature.
I would suggest cracking down on Walmart's illegal union-busting practices, and allowing the workers to unionize.
Just as grocery workers are unionized.
In many states, unionized grocery chains are losing market share and closing stores because non-union chains present competition. It turns out that customers do not like to pay above-market prices for groceries just because the store pays above-market wages.
In many states, unionized grocery chains are losing market share and closing stores because non-union chains present competition.
Obviously, when you pay your workers poverty wages you can afford to undercut the competition. But when I go to a store, I don't shop only on price. I prefer to give my money to a company that doesn't exploit their workers like Walmart and Target do and where everything is made in China. I also don't like giving my money to support communists who have no respect for human rights. I don't mind paying a little more to support American workers instead of giving it to support the communist Chinese government.
Walmart Realty is a monopoly, not Walmart Retailing. Don’t forget that Walmart borrows at rates 30bp above US Treasuries in the debt markets. That’s the market basically saying, “hey, we trust Walmart just as much as an institution that can literally print its own money.” It’s also Walmart’s way of financing what is relatively high-risk commercial real estate developments with disgustingly inexpensive money.
No one else can make the land profits around them unlike in a small town situation where land value wealth is spread. Walmart can essentially displace the center of commerce and then own that center of commerce entirely. Yet another hidden monopoly power based on land.
The commies and their Walmart supporters are laughing all the way to the bank.
I'm not a Walmart supporter, I've been to two of them my entire life, but its not Walmarts job to make employees lives better. They keep their prices low by getting Chinese products and paying their employees low wages, that way they can maximize profits and thats all they care about. They know for every unhappy worker they can get five more to fill their shoes. At some point the wages in China will go up and thats when you'll see how good the Waltons are at business.
Why doesn't anyone kill Nike? Air Jordans have been selling for over $100.00 for years and being made for 3 or 4 dollars a shoe. Walmart is no different than most companies, profit first, screw whoever we can second. With Walmart its the employees with Nike its the customer.
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real estate again as usual
