(March 28, 2010 at 1:20 pm)Tiberius Wrote: If a large corporation is doing what your company does for less profit, it is time to think about other business ideas, or expanding your business so it has a unique sales point.Even if that corporation is Wal-mart and they have world-wide distribution advantages and chinese production contracts that allow them to sell everything for a fraction the cost anyone locally could ever hope sell at? Maybe the CEOs and fatcats at the top of it will claim 75% of these profits for themselves, and pay the frontline serfs the lowest amount they can legally get away with.
Maybe Wal-mart can use these massive profits there to undercut losses in other areas to drive more small(see: less huge) competitors out of business.
Maybe Wal-mart is the perfect example of why unregulated capitalism is a nightmare on par with corrupted socialism.
The thing about taking both of these ideas is that there is a certain level of trust that people won't fuck over other people. I think history has proven that there will always be someone willing to fuck over everyone.
- Meatball