Skip to main content

Opinion of Wal-Mart--Part II

Quaerens Sapientiam made some comments on my post about Wal-Mart, and wrote more about his thoughts on the subject on his blog. I thought it was well balanced and thought out. Since I have only been blogging for a short time, I have to say that his post made me realize I am not yet sure where the boundaries of my personal ideas on capitalism.
The free market inherently supports companies that scrounge for every last cent of profit regardless of all other considerations, like Wal-Mart. Companies that care for their employees, and sell the products that best balance quality and cost, will only survive if employees value working for caring employers and buyers realize the true cost of savings. The education and the entertainment-advertising systems are largely to blame for society's current ignorance in these matters. In the name of savings, Americans shop at big-box stores, and some of us defend it by arguing that we are supporting capitalism.

Though I generally support a free market, I am not a capitalist. A classical liberal believes in few restrictions on free enterprise. A pure capitalist it seems, believes that money is the ultimate measure of good. I am far more concerned about quality of life than I am about money.

In a free market, I can choose to not support businesses I dislike. This includes businesses that care more about profit than the well-being of their employees and their community/ies. In a free market, that's the only way to control rogue businesses such as Wal-Mart.

Comments

Popular posts from this blog

Communism: Good Money for the "El Viejo"

I guess Fidel Castro is doing ok. Forbes lists Castro as one of the richest in the world, right up there with the Queen of England. I bet he didn't like the attention. It was hard to figure it out, but it seems they managed to throw some numbers together.
In the past, we have relied on a percentage of Cuba's gross domestic product to estimate Fidel Castro's fortune. This year we have used more traditional valuation methods, comparing state-owned assets Castro is assumed to control with comparable publicly traded companies. A reasonable discount was then applied to compensate for the obvious disclosure issues.

Hispanic Trending: Leave your name at the border

Most people miss the fact that Hispanics do not consist of a single ethnic group. Besides that, the heritage that each one of the many nationalities represented in our immigrant population is diverse in itself. As I read Manuel Muñoz's post on his assimilation experience, I can tell you mine was nothing like his. But I can relate to this paragraph. My niece's name is Katie Belle (Sierra). It's intriguing to watch "American" names begin to dominate among my nieces and nephews and second cousins, as well as with the children of my hometown friends. I am not surprised to meet 5-year-old Brandon or Kaitlyn. Hardly anyone questions the incongruity of matching these names with last names like Trujillo or Zepeda. The English-only way of life partly explains the quiet erasure of cultural difference that assimilation has attempted to accomplish. A name like Kaitlyn Zepeda doesn't completely obscure her ethnicity, but the half-step of her nam…

Podcast: Talking GOP Debate and No Child Left Behind

Click here to listen to the MP3 audio of the discussion between Michel Martin, Stephen Henderson and myself on the GOP debate, and Bush's push for No Child Left Behind. The segment on the new gospel music competition reality show is a great segment -- check it out as well. Tell Me More, October 12, 2007 · This week, GOP presidential contenders met for a debate in Dearborn, Michigan. Meanwhile, President Bush was stumping for reauthorization of the education bill, "No Child Left Behind." In this week's Political Chat, hear insights from political blogger Josue Sierra and Stephen Henderson, Deputy Editorial Page Editor at the Detroit Free Press.

You can listen on the NPR website right here.


Related Posts:
- On Air: Talking GOP Debate and No Child Left Behind
- GOP Economy Debate


Other Posts of Interest:
- Conference for Minority Journalists of Faith Cross posted at:
http://josue.townhall.com/g/539550d0-6e62-45a9-b375-f9d534488f25