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Mises Economics Blog

Wal-Mart Watch

April 13, 2004 4:49 PM by J.H. Huebert | Other posts by J.H. Huebert | Comments (4)

For those interested in the activities of Wal-Mart and its anti-capitalist enemies, there is a promising new weblog dedicated exclusively to this topic.

Comments (4)

  • Tracy Saboe
  • For the most part, Wal~Mart is a good company.

    It makes customers happy, that's what companies are suppose to do.

    When costs get cut, sometimes wages go down -- but the buying power of those wages go up. I.E., real wages go up.

    I don't fault Wal~Mart for their hiring and firing practices, or for how much they pay. It's their business. They can do what they want with it. I'm not one of those liberals who goes around screaming "it's not fair" just because a company needs to downsize. I tell them, "Life isn't fair. Get over it."

    Actually one thing that I've learned after discovering libertarian thought and more specifically Austrian Economics that's made me a better person is just how much of a good thing it is that life isn't fair. If it were, we'd have a very stagnant society. It's the unfairness and the inequalities in life that make trade possible in the first place. If everything were perfectly fair -- there'd be no reason to trade -- nothing to look up or forward too, and hence no reason and hence no way to better ourselves. For how can one better oneself if one has no way to know being better is possible, and even if on a hunch tried, is inherently incapable of knowing which various ways of betterment might be possible. One needs to see others better then one's self, in order for such thoughts to even be possible.

    However. On the more sinister side, Wal~Mart is beginning to bed more and more with Federal, State, and Local governments now.

    It receives numerous subsidies from the US government to invest in foreign Countries. Through the Market Access Act, the Import Export Bank, and others, our Tax Dollars are being used to subsidize Wal~Marts losses in foreign countries. These are the same programs that FDR used to subsidize the Communism in Russia with our tax dollars. They haven't been abolished yet, after all these years. Another thing is that Wal~Mart uses local governments in a lot of places to steal property for it through Eminent domain laws. Eminent Domain is government thievery in and of itself, but this is far worse. Local governments will condemn a place, and then only be required to compensate the owners for a fraction of the value, and then give the property to Wal~Mart. Not to mention the subsidizing to its grocery section in the form of food stamps. (See my own personal parting of ways with Wal~Mart in Walmart, Little Debbies, and Food Stamps .)

    But these actions are no different from any other big corporation large enough to have political insiders. In many ways Wal~Mart is forced to partake in these despicable acts of government thievery because, "everybody else is doing it" and if it doesn't, it'll go out of business. After all, it has to compete. They're just trying to figure out how to maximize profit -- A Noble goal to be sure.

    The real problem is a government that does not respect private property rights anymore.

    Tracy

  • Published: April 14, 2004 11:34 PM

  • Eric Hall
  • I believe you might want to look into Wal-Mart a little more closely. It is not about captitalism as much as it is about the "New World Order" and greed and the lust for power at the expense of others.

    Wal-Mart, it seems to me, has become nothing more than the marketing arm of the Chinese People's Liberation Army.

    When are the people in the United States going to wake up to how they've been hoodwinked by both major political parties? Politicians of both parties act, for the most part, as if they have been bought by the big money interests.

    I urge you to read a book entitled "One World" by Tal Brooke. Everything is coming together as he delineates in this book. After the U.S. middle class is destroyed, then we will have our "New World Order." There will be two classes of people, the super rich and powerful and the rest slaves.

    The goal is to destroy the middle class in the U.S. Why else is the U.S. becoming a colony of Comnmunist China? Valamir Lenin said that the Communists would hang us (the capitalists) with the rope we sell to them. Capitalism without a conscience, i.e., without a knowledge of and obedience to the "Golden Rule" taught by Jesus Christ, is as bankrupt as the political philosophy of Communism.

    If at all possible, I try to not buy at Wal-Mart, as I think that company is a grave threat to our national security. It is my belief that Wal-Mart's low prices come at the expense of poor exploited Chinese peasants, who work 12 hours a day. To accumulate wealth generated from virtual slave labor is not anything to be proud of. Ask yourself why the politicians who supposededly represent our best interests have allowed this to happen, i.e., the exporting of U.S. manufacturing jobs to a nation such as China with a rogue government that has no conscience.

    By the way, what is happening is all predicted in the book of Revelation in the Bible. I recommend Mr. Brooke's book, "One World" in this regard because it is eminently readable.

  • Published: April 20, 2005 3:19 PM

  • Eric Hall
  • I believe you might want to look into Wal-Mart a little more closely. It is not about captitalism as much as it is about the "New World Order" and greed and the lust for power at the expense of others.

    Wal-Mart, it seems to me, has become nothing more than the marketing arm of the Chinese People's Liberation Army.

    When are the people in the United States going to wake up to how they've been hoodwinked by both major political parties? Politicians of both parties act, for the most part, as if they have been bought by the big money interests.

    I urge you to read a book entitled "One World" by Tal Brooke. Everything is coming together as he delineates in this book. After the U.S. middle class is destroyed, then we will have our "New World Order." There will be two classes of people, the super rich and powerful and the rest slaves.

    The goal is to destroy the middle class in the U.S. Why else is the U.S. becoming a colony of Comnmunist China? Valamir Lenin said that the Communists would hang us (the capitalists) with the rope we sell to them. Capitalism without a conscience, i.e., without a knowledge of and obedience to the "Golden Rule" taught by Jesus Christ, is as bankrupt as the political philosophy of Communism.

    If at all possible, I try to not buy at Wal-Mart, as I think that company is a grave threat to our national security. It is my belief that Wal-Mart's low prices come at the expense of poor exploited Chinese peasants, who work 12 hours a day. To accumulate wealth generated from virtual slave labor is not anything to be proud of. Ask yourself why the politicians who supposededly represent our best interests have allowed this to happen, i.e., the exporting of U.S. manufacturing jobs to a nation such as China with a rogue government that has no conscience.

    By the way, what is happening is all predicted in the book of Revelation in the Bible. I recommend Mr. Brooke's book, "One World" in this regard because it is eminently readable.

  • Published: April 20, 2005 3:19 PM

  • Eric Hall
  • I believe you might want to look into Wal-Mart a little more closely. It is not about captitalism as much as it is about the "New World Order" and greed and the lust for power at the expense of others.

    Wal-Mart, it seems to me, has become nothing more than the marketing arm of the Chinese People's Liberation Army.

    When are the people in the United States going to wake up to how they've been hoodwinked by both major political parties? Politicians of both parties act, for the most part, as if they have been bought by the big money interests.

    I urge you to read a book entitled "One World" by Tal Brooke. Everything is coming together as he delineates in this book. After the U.S. middle class is destroyed, then we will have our "New World Order." There will be two classes of people, the super rich and powerful and the rest slaves.

    The goal is to destroy the middle class in the U.S. Why else is the U.S. becoming a colony of Comnmunist China? Valamir Lenin said that the Communists would hang us (the capitalists) with the rope we sell to them. Capitalism without a conscience, i.e., without a knowledge of and obedience to the "Golden Rule" taught by Jesus Christ, is as bankrupt as the political philosophy of Communism.

    If at all possible, I try to not buy at Wal-Mart, as I think that company is a grave threat to our national security. It is my belief that Wal-Mart's low prices come at the expense of poor exploited Chinese peasants, who work 12 hours a day. To accumulate wealth generated from virtual slave labor is not anything to be proud of. Ask yourself why the politicians who supposededly represent our best interests have allowed this to happen, i.e., the exporting of U.S. manufacturing jobs to a nation such as China with a rogue government that has no conscience.

    By the way, what is happening is all predicted in the book of Revelation in the Bible. I recommend Mr. Brooke's book, "One World" in this regard because it is eminently readable.

  • Published: April 20, 2005 3:19 PM

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