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Don't blame Wal-mart.

While I'll agree with Reich up to a point, the whole WalMart deal should remind us all that any virtue carried to an extreme becomes a vice. Hell, they even drive their own Chinese suppliers out of business with their practices, rather than developing a sustainable relationship beneficial to all parties. It's a race to the bottom, one where the only real long term winner is WalMart. They epitomize the flaws in our current version of capitalism, our acceptance of their methods epitomizes our own weakness, greed.
 
I live a few blocks from where this wal mart was supposed to be opened. There are so many big box stores in the area, and I doubt any of them pay any more than wal mart or offer any benefits that are better than wal mart.

there are also a ton of mom and pop's around here that pay even less than wal mart and don't offer half the benefits of wal mart. having businesses with more than 50 employes be required to pay benefits will only hurt their competativeness against mom and pop's and other small time places. the mom and pop's will not offer health benefits. there will also be a lot of work for lawyers to start reclassifying workers as independent contractors.
 
Originally posted by: Ferocious
Good op-ed by Robert Reich.
Click to expand...

Hmm.. a link to an NYT op-ed piece (requiring registration), with no mention of the author's opinion of the ideas (other than they are 'good'.)

Can you maybe just elaborate a bit?
 
Originally posted by: Jhhnn
While I'll agree with Reich up to a point, the whole WalMart deal should remind us all that any virtue carried to an extreme becomes a vice. Hell, they even drive their own Chinese suppliers out of business with their practices, rather than developing a sustainable relationship beneficial to all parties. It's a race to the bottom, one where the only real long term winner is WalMart. They epitomize the flaws in our current version of capitalism, our acceptance of their methods epitomizes our own weakness, greed.
Click to expand...

The U.S. is getting away from Capitalism by default led by the greed factor.

 
Can you post the article? I don't have, nor will I ever have, an account to that, but I'd like to read the article.
 
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