Wednesday, December 07, 2005

Wal-Mart Chapter II: - Thanks to all who posted a response to my question about Wal-Mart. Now that the Commission has authorized taking the project to the next steps, I want to respond to a couple of the comments that were made. I think one of the difficulties in decision-making on this one is in separating real issues from truisms or anti-Wal-Mart jargon, of which there is a fair amount out there, though I know some would argue it's all true.

First, with respect to comments about Wal-Mart's goods all being "made in China", (and the "by slave labor" corollary), this is an issue that reaches well beyond Wal-Mart. I'd venture an educated guess that the same thing could be said about what's on the shelves of many of our stores that are much higher "up" on the "up-scale." No doubt this is an economic issue for the U.S.A., though some would argue that is simply economic efficiency being played out on a global scale. It occurs to me to wonder what one of our leading local free-market philosophers, Matt Walsh out at the Observer would say about that - I'll have to forward this to him to find out!

Second, with respect to the quality of the wages and benefits available to Wal-Mart employees, Wal-Mart representatives say this is a somewhat obsolete argument, and I have seen some evidence to support that, though I can't provide a citation at this moment. (This is certainly something we want to know more about as well.) I know one thing that is important to the City Commission is jobs that lead somewhere, and I expect some discussion of training benefits and such to become a part of any eventual development agreement, among other things.

Of course neither of these are definitive statements, just thoughts to add to the conversation.

9 Comments:

Blogger Michael McNees said...

Mr. Walsh didn't disappoint, he graciously offered the following in response to the questions posted regarding Wal-Mart:

"Wal-Mart is efficient, compassionate capitalism at work. All shoppers want the opportunity to be able to buy goods and services at the lowest price
possible. Wal-Mart brings that to fruition. And we all benefit. As
economist/humorist Ben Stein recently told a Sarasota audience, with Wal-Mart everyone gets a pay raise. Lower prices give everyone more cash in his pocket.

Yes, Wal-Mart puts other stores out of business. But it does so because consumers decide with their feet and pocketbooks which stores are most efficient and which meet their needs. That is capitalism, and that is competition.

With regard to "slave labor," there is no slavery involved. The Chinese who work in the factories are doing so voluntarily, largely because it is an improvement in what they had before, which was nothing. They work by choice. What's more, once they go to work, they find out quickly how the system works: Perform well and you will get promoted, be given more responsibility and earn more money. The low wages, in many instances, are only temporary.

Finally, I used the term "compassionate" capitalism because capitalism is, indeed, by far, the most compassionate economic system in existence, certainly far more compassionate than communism, socialism or any
thug-operated dictatorship."

8/12/05 2:11 PM  
Anonymous Anonymous said...

Well put!

8/12/05 4:47 PM  
Anonymous Anonymous said...

With reference to the 'Made in China' issue with Wal-Mart, you really do not need to worry too much. Over here in the UK (England to be exact), the stores are full of goods made in China. We do not seem to make anything ourselves anymore. It is sheer economical grounds that this is so. Whilst we are giving work to the Chinese to get them int the 21st century, we are making a high proportion of our own people poor and on the breadline because we do not have any industry of our own

9/12/05 8:20 AM  
Anonymous Anonymous said...

Hi Mike

What's up with Cincinnati?

13/12/05 11:09 PM  
Blogger Michael McNees said...

This is the second reference to Cincinnati I've heard, and other than the city's relationship with the Reds and the fact that I was born in a small town in Indiana not too far from there, I have no idea what the question is about Cincinnati. Can anyone out there enlighten me?!

14/12/05 9:12 AM  
Anonymous Anonymous said...

I saw it Pelican Press, is it true?

14/12/05 11:54 AM  
Anonymous Anonymous said...

Quite frankly, the selling point of 'lower prices' when discussing the pros of Wal-Mart needs to be looked at more carefully.

My parents live in a town in Florida in which Wal-Mart is the only game in town. My in-laws live in a town in Tennessee with the same situation. In both instances, if you compare prices of the Wal-Mart in their town to the Wal-Mart in others towns, the prices in the stores with the captive audiences are higher.

16/12/05 8:45 AM  
Anonymous Anonymous said...

If it wasn't for Walmart a lot of people wouldn't be able to buy Christmas presents, clothes or groceries, for that matter. No one forces anyone to work there. If you don't like the store, don't shop there. Foreign goods--how many people drive foreign made cars? That doesn't seem to bother anyone.

16/12/05 4:47 PM  
Anonymous Anonymous said...

Just what is a foreign made car??? Are there any American made cars anymore??

29/12/05 4:39 PM  

Post a Comment

<< Home