(April 6, 2014 at 7:17 pm)Rampant.A.I. Wrote:(April 6, 2014 at 6:46 pm)Heywood Wrote: Suppose that tomorrow, every Walmart shuttered it doors and laid of all its employees......would the world be better off or worse off?
Well, every single employee is already on federal aid, so I doubt we'd really notice a difference.
If the companies can't pay their employees enough to live, working full time, they shouldn't be in buisiness.
The economic hit a lot of rural and other areas would take is due to Walmart's buisiness practices: running small buisiness into the ground, so there's no alternative for many to shopping or working there.
It's a measure of how badly they screwed up the economy of an area, and how deplorable their buisiness practices are.
People have more goods in the Walmart Era then they did in the Mom and Pop era.
I just bought some 60 watt equivalent LED lightbulbs at 5.88 each at Walmart. At a Mom and Pop shop they would be at least twice that price.
