#46
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Walmart employs 1.5M people in the US. Amazon employs 345K.
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#47
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Has he turned a profit on a single car that he has sold. Or is he a multi billionaire through massive gubmint subsidies?
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#48
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Just sticking to the facts, per moderator request. Everyone can draw their own conclusions.
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#49
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I usually directly quote who I'm responding to to address the point & the person head on but there's too much fuzziness in what the negativity to the Walton heirs and certain big business practices as voiced in this thread.
Sure, some of these posts express unhappiness. But what do you suggest doing about it and what specifically do you want? Even as a conservative, I take the view that unfettered capitalism is rapacious. I also take the view that, even as a conservative, modern democratic government must take a more active role in protection of its citizenry consistent to and consistent with a modern progression in conservative principles. It must be this way because the modern world and economic globalism is too complex for the vast average citizens to cope. All this done not as economic redistribution but as progressive maintenance of social order and institutions as to conserve. This is a free country. With mostly a free market underpinning the capitalism of its economy. Some the responses in this thread parse capitalism as if to denote a desire for capitalism that meets with your own standard for what capitalism should be. Ludicrous and contradictory to the creative construct of what capitalism engenders and ferments. It's like the joke from the Woody Allen movie where the woman says she finally had an orgasm and her shrink then told her she had the wrong kind. Some of the gripes heard here is capitalism being the wrong kind. Sometimes these discussions bring on a populist vent & rant which is fine. But what comes next has gotta be thought given to what to do about it. Ideas move nations, creates opportunity and wealth. Let us all find a way to move forwards together and fix the problems. |
#50
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and Id like to point out once again, at an average wage of $13.69 per hour, which does not go very far in most markets in terms of housing sustainability, which is (or should be, for all of us) a serious concern.
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#51
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FWIW I simply don't buy from Walmart and try to do my best in purchasing from socially conscious companies/B-Corps (even though they are capitalists). I've found (and maybe they are or aren't but at least they've adversities as such):
Patagonia Prana REI (to some extent) Haven't found much for cycling clothing companies. I did find one that was bluesign but heir jerseys were hard to look at... Sent from my iPhone using Tapatalk |
#52
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Interesting stat. The disruption that Amazon has caused in retailing can't just be measured in headcount. Not only do they do more with less people, they've contributed to the decimation of retail (physical retail) in general, both large & small. The implications travel far beyond just employment numbers. It spills over into the financial markets who've funded the purchase, construction, etc. of retail centers big & small, the related industries required to get the physical space up & running (construction & materials), the employees needed to work in the stores themselves, all of the related services those stores need to operate (utilities, insurance, accounting, etc.) and the multiplier effect of income associated with all the people mentioned in the above sectors.
AMZN will be (and is) an interesting case study for biz school. It will be interesting to see how it evolves over the coming years. My wife owns a small biz retail store, and her prior career was in major corporate retail, so I hear this discussion at varying levels quite frequently. Last edited by 54ny77; 08-10-2017 at 09:33 AM. |
#53
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Quote:
Jeff |
#54
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Talk to me about your intent with phrasery like this. Particularly substituting government with "gubmint"
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#55
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Quote:
He is a dreamer who makes things happen, I won't disagree there. I think the HyperLoop stuff is more exciting than SpaceX frankly, and Tesla's massive losses are really just an investment to push the envelope on the technology so other companies eventually catch on. He's also fighting tooth and nail against his workers unionizing over the last few years. As an ardent Socialist, this is something this dude does not abide. |
#56
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Quote:
Bezos learned how to master selling to affluent urban/suburban rich whites at the lowest possible cost to his business. It's at the same time interesting and sickening to watch the two now. |
#57
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Quote:
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#58
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The majority of Amazon jobs are in fulfillment, many of which are part time. Amazon is working actively to eliminate as many of them as possible through further automation.
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#59
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Went on a MTB related road trip with my son last weekend and for some reason we got on the topic of US currency and its naming. We came up with some interesting re-naming ideas and why and had a few good laughs
Here goes our top 3 new names for the Dollar, with the 1st as the winner in our collective opinion (Much like a dollar, an Elon is also vapor): Elons Trumpkins Bezos Since this discussion, we have been using Elons instead of $ around the house when addressing all things financial. I must admit, its been kinda fun. Be funny if it catches on After reading this thread, the Walton may have made the list |
#60
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I read through the announcement at http://pages.rapha.cc/announcement
It appears not much is going to change correct? Same product, same daily emails (I haven't opted out) but better over reach to expand their products and market presence? |
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