I’m confused, I just finished watching ‘Wal-Mart, Sell High, Buy Low’, and don’t approve of the practices used by the company. I haven’t seen Wal-Mart discussed here at all, but isn’t Wal-Mart something that breeds from free-market capitalism? correct me If I’m wrong, but I don’t see how the state i…

Did Wal-Mart emerge on the free market? Or was it under a statist system?

Maybe it isn’t actually corrupted but the film give off an emotional aura that suggests that it is corrupted. On the other hand, Wal-Mart did engage in unacceptable behaviors such as seeking economic subsidies from the state. However, running inferior competitors out of town and selling high, buyi…

Could you give me an example of this “corruption”? Also, the errors caused by the state go far deeper than that which is directly effected, with its huge spending and regulations it has a massive effect for malinvestment throughout the entire economy

Wal-Mart underpays its workers and uses malinvestment for mass profit. These Business practices are then followed by other companies to make insane profit since Wal-Mart is the biggest company in the world.

I haven’t seen the movie. Can you briefly summarize the arguments it makes? (Fun suggestion: As you are compiling this list, try to think of how many of these are pathos-based arguments and which are based on actual economic insight).

They pay min-to below min wage, because they can, and since they are the biggest competitors in whatever area they station in, therefore driving out all the other companies. When someone needs to find work, they end up having to work at Wal-Mart, and get paid below minimum. What has stopped Wal-Ma…

While the film begins with footage of Wal-Mart CEO Lee Scott praising the corporation at a large employee convention, the film spends a majority of its running time on personal interviews. A variety of criticisms of the corporation emerge from these interviews, demonstrating Wal-Mart’s anti- union p…

They pay min-to below min wage, because they can, and since they are the biggest competitors in whatever area they station in, therefore driving out all the other companies. When someone needs to find work, they end up having to work at Wal-Mart, and get paid below minimum. What has stopped Wal-Ma…

On the topic of Wal-Mart and their corruption

Economics Economics Questions

wilderness January 5, 2010, 9:04pm 7

I don’t understand: “malinvestment for mass profit”. What does that mean?

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