[lbo-talk] employment

Chris Doss itschris13 at hotmail.com
Mon Sep 8 08:23:10 PDT 2003


The community building argument is a dreamy utopia not worth a serious consideration. But the lower process argument can be attacked on the grounds that while per-item prices are lower in Wal-mart, the marketing power of Wal mart makes people buy more than they actually need, and thus their total out of pocket expenses increase - hence any "savings" suggested by the "per-item" cost approach are illusory.

Wojtek --- A couple of years back, Wal-Mart was considering setting up shop here.

I would LOVE to see them try muscling out the local competition in Russia. Their execs would wind up with cement-filled boots.

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