atlas sighed (at me)
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Reply 22 of 116 (Originally posted on: 07-21-15 06:54:55 PM)
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Quoted from 2-14-06:
We don't need Wal Mart, but, as the author suggests otherwise, we need stores like Wal-Mart.
In America, we live in times where our standard of living dwarfs that of most every other society on the planet; indeed, the poorest members of our society live a better life then roughly 2/3 of the planet. And because of that, we absolutely must keep prices as low as we possibly can or our inflation in this country would rise and the annual GDP growth would shrink from 3.5% to below 1% and the average standard of living would subsequently drop as well due to the now substantially higher prices from those 'Mom & Pop' shops who can't offer products at the prices we have grown up around since the late 60's.
Wal-Mart, along with every other bargain giant, fills this need, and provides cheap consumer goods for 'daily life' at a prices which doesn't substantially subtract from us buying other things from higher-tier stores like auto dealerships, clothing boutiques, electronic stores, et cetera. Though people like to demonize Wal-Mart for what it does to its mainly poor employees, we must grow-up and realize that our lovely and comfortable middle-class lives are not a product of our industriousness or intelligence, but because of the phenomenon that is bargain superstores and their iconographic head, Wal-Mart.
QFT
A witty saying proves nothing - Voltaire
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