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Don't you think that things like Wal-Mart and Vons, being able to sell product at very cheap prices, resulted from competitive pressure for ever-increasing profits?
[1 point]3 years ago by cooljuno411ReplyEdited 3 years ago by cooljuno411
WalMart can sell at such low prices because it outsourced production. Like any multi-national, it strives to ELIMINATE competition, because monopoly is power.
I wonder what it would be like to live in a culture that values cooperation over competition. I suspect that I wouldn't be able to truly appreciate it because I would (subconsciously, at least) feel that my individuality was was imposed upon.
United States
Not in the world of economics...
Don't you think that things like Hooker Chemicals and Love Canal result from the competitive pressure for ever-increasing profits?
Don't you think that things like Wal-Mart and Vons, being able to sell product at very cheap prices, resulted from competitive pressure for ever-increasing profits?
WalMart can sell at such low prices because it outsourced production. Like any multi-national, it strives to ELIMINATE competition, because monopoly is power.
Economics 101, completion benefits the consumer with lower prices.
'better than' wrecks everything!
Frequently.
I wonder what it would be like to live in a culture that values cooperation over competition. I suspect that I wouldn't be able to truly appreciate it because I would (subconsciously, at least) feel that my individuality was was imposed upon.
This comment was deleted.
[3 points] 3 years ago by deleted user ReplySounds much like corporate America.