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re: Why does the word "profit" have a negative connotation?

Posted on 8/18/14 at 8:21 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423383 posts
Posted on 8/18/14 at 8:21 am to
quote:

not to mention similar jobs in smaller establishments would pay about the same,

Walmart pays more, actually

and walmart offers things that mom and pop stores don't: health insurance, educational subsidies, and most importantly, promotion opportunities

quote:

If Wal-Mart had no desire to seek a profit, they wouldn't be the largest provider of cheap goods in the country, thus many families would have to pay higher prices.

exactly. that's the oft-ignored "consumer" side of the argument i was referencing

now, well-to-do libprogs will tell you that people will GLADLY pay more for goods if [insert some subjective evaluation], but they ignore the economic realities of the very people they are discussing (and in other discussions, these same libprogs will bemoan the impact that these consumers have on the general markets)

you can have a lot of this overall discussion by basically just using walmart as the talking piece

*ETA: if you want to rustle some jimmies with these elitist hacks, bring up how walmart is opening the door to organics for the poor
This post was edited on 8/18/14 at 8:22 am
Posted by JEAUXBLEAUX
Bayonne, NJ
Member since May 2006
55358 posts
Posted on 8/18/14 at 8:33 am to
I have no beef with Walmart. The beef is when companies switch from the US to say Malaysia so that their labor costs are cut tremendously. I guess the idea of paying 12 cents an hour to make a $200 sneaker etc. or when gas prices skyrocket for bs reasons. Changing to winter blend raise prices changing to summer raise prices
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