PartyHeart
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WalMart Destroys Jobs, Yes, But The Benefits Go To Consumers
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Math still isnt there... The increase of wages for walmarts 2.2million employees doesnt offset the benefit of it 200million consumers.
I think you guys be using a bi ttoo much emotion, and not enough math. According to forbes, walmart save each household $2,500... even the households that dont step foot in side a walmart.Not counting them though the savings of the 200 million consumers that do shop there cannot be offset by a $5-$15 raise of its 2 million employees.
Its beginning to look like a question of ethics not economics.
Maybe some one smarter could explain what I'm missing?
Poster of the year
My reaction as well. Some Florida 2000 shenanigans might have taken place though.
Math still isnt there... The increase of wages for walmarts 2.2million employees doesnt offset the benefit of it 200million consumers.
Not counting them though the savings of the 200 million consumers that do shop there cannot be offset by a $5-$15 raise of its 2 million employees.
Its beginning to look like a question of ethics not economics.
Maybe some one smarter could explain what I'm missing?
First of all, the study, which wasn't cited in the article, and only made reference to in the form of a vague "outside firm" was commissioned by Walmart specifically to produce positive facts about Walmart in light of criticisms of its negative economic impact. In other words, it was commissioned by Walmart with the goal of making Walmart look good, not producing objective data about its operation. I'm not saying it's bullshyt, because I can't without seeing it, but you seem remarkably ready and willing to accept the results of such an obviously biased initiative at face value, without having seen the method or read it, at the same time as you're asking us to cite facts on our argument about economic impact. In short, I detect a little emotion on your side, too.
Second, the first link I posted is a literature review of over 50 of the most recent studies on the topic. This is important to note only because obviously consensus matters- 50 studies saying something are going to outweigh one study saying the opposite, if it the literature is reviewed properly.
I will get to the actual numbers later, when I have time. I'll assume that everything the Walmart study on itself said was true about its savings for the community.
Every study I have seen has been bias, either siting walmarts negative effects, or its positive, never a comparison.This particular study wasnt debunked or discredited by opposition, which leads me to believe it has some validity to it.
...and its worth noting I havent contested any of the negative effects of walmart mentioned here(save maybe their sources ie. tax loopholes), nor have I defended their business practices. I have simply asked to see the numbers.
I'll patiently await the math.
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Costco FTW
makes profit while treating their employees with dignity
You can run a company successfully while paying your employees a fair wage and treating them as human beings? But the man with a suit on tv said rich people will suffer if that happens. Are you telling me he was lying?
Julius Skrrvin
I be winkin' through the scope
Costco deals on boozeCostco FTW
makes profit while treating their employees with dignity
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I didn't understand the use of your bolding in conjunction with the smilie. My apologies for being slow.
The choice
"You can" as opposed to you must
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The choice
"You can" as opposed to you must
You know how I feel about it. It should be unlawful to treat workers like some modern day serf, which is about where Walmart is heading.
If Walmart had a "choice", their workers would probably be in shackles and be paid in Walmart coupons.
I wish it was that simple. Ethics and Economics are not one in the same.
Workers voluntarily agree to perform [insert service] for [insert wage]... If your argument is they have no choice, I would like to address the issues around that, not point the finger at WalMart for simply offering them a choice.
Same with consumers, there is no gun at anyones head, forcing them to shop at walmart. Its 200 million consumers voluntarily choose it over competition because it is in their best interest.
At the core of WalMart hate is the belief that employment isnt voluntary, and that is wholly false... IMHO
That said, I'm more than willing to listen to the argument that there is no choice involved.
and more than willing to admit I am wrong. Should it be proven.
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That said, I'm more than willing to listen to the argument that there is no choice involved.
Did you have the choice in being born in a social structure where the prosperity of the human species, and the ability to maintain some form of socio-homeostasis, depends on a subjective social order that involves doing labor for currency in order to survive and feed your offspring?
what would you consider evidence?
So there is no evidence... just as i thought.
