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Walmart Laughs at Pravda on the Hudson

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  • Wal-mart has the last laugh:

    http://www.forbes.com/sites/cl... [forbes.com]

    The real Welfare Queen. But a 12lb jar of pickles for $2.97 is nothing to sneeze at, even though your taxes are paying for welfare benefits for Wal-mart workers.

    And Wal-Mart ends up getting a nice chunk of those food stamps that their workers have to live on. Win-win! Capitalism is a beautiful thing, no?

    • You make turning the peasantry into state-dependent serfs sound like a bad thing.
      Of course, the capitalist answer is to have competition and self-interest support those beleaguered workers in starting their own businesses.
      The question these days is whether the Precious Bodily Fluids of Americans have been so thinned by things like food stamps, the market manipulations that let Wal-Marts economies of scale trump everything, and the anti-capitalist rhetoric of the Left that these caterpillars no longer crav
      • by PopeRatzo (965947)

        Of course, the capitalist answer is to have competition and self-interest support those beleaguered workers in starting their own businesses.

        You mean like the businesses that Wal-Mart put out of business?

        Capitalists do not want competition. Capitalism and competition are not the same thing, and they are certainly not interdependent. You're not paying attention.

        The question these days is whether the Precious Bodily Fluids of Americans have been so thinned by things like food stamps, the market manipulation

        • I don't dispute the tendency of capitalism to want to own the market outright, and then go rent-seeking. That's where minimal regulation comes in, to keep the playing field level.
          If you pay attention to the cui bono question, you'll see the oligarchs teaming up with the food stamp recipients to mug the workers/small businesses. This is done via a combination of regulatory capture, to freeze markets, and vote-buying schemes. It's a fine ecosystem, as long as you're either on top, or content with bribes.

A CONS is an object which cares. -- Bernie Greenberg.

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