the 90s called and they want their destructive business practices back. Wal-Mart started this trend by bankrupting suppliers into offering products with no profit margin (vlasic pickle for example.) Fast forward and theres a wal-wart on every street corner offering cut-rate oil changes and flavourless apples the size of softballs for pennies. I mean, surely you didnt snore through the 20 years it took for a single american company to bankrupt every small business in the midwest just to show up and bitch about Amazon, did you?
Walmart merely took the big box store concept that started in the '50s to its logical conclusion. It actually took more than 60 years and countless local stores and regional chains (most of which have since gone under themselves) to do the job. As for Amazon, they're basically in the same position as malls in the '70s and '80s. Sprawling shopping centers built on farmland put downtown retail out of business, internet sales put the shopping centers out of business, yet something always rises from the ashes.
"An organization dries up if you don't challenge it with growth."
-- Mark Shepherd, former President and CEO of Texas Instruments
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--
Good people go to bed earlier.
This is demonstratively false.
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they pay little or no taxes to state & local governments
Blame late-stage capitalisms race to the bottom on the state level ...
"Late-stage capitalism"? Way to paint yourself as a deluded moron.
I'll take "late-stage capitalism" over late-stage Socialism where kids have to fight over garbage with machetes in order to survive:
In Venezuela, hungry child gangs use machetes to fight for ‘quality’ garbage [miamiherald.com]
Yeah, yeah, yeah. That's not "true socialism".
Just like Joe Stalin and the Soviet Union or Pol Pot or North Korea weren't "true Communism" either.
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It's funny that the only 'true socialist' (you know, Norway and Sweden) countries are actually capitalist [socialistworld.net].
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the 90s called and they want their destructive business practices back. Wal-Mart started this trend by bankrupting suppliers into offering products with no profit margin (vlasic pickle for example.) Fast forward and theres a wal-wart on every street corner offering cut-rate oil changes and flavourless apples the size of softballs for pennies. I mean, surely you didnt snore through the 20 years it took for a single american company to bankrupt every small business in the midwest just to show up and bitch about Amazon, did you?
Walmart merely took the big box store concept that started in the '50s to its logical conclusion. It actually took more than 60 years and countless local stores and regional chains (most of which have since gone under themselves) to do the job. As for Amazon, they're basically in the same position as malls in the '70s and '80s. Sprawling shopping centers built on farmland put downtown retail out of business, internet sales put the shopping centers out of business, yet something always rises from the ashes.