On this post, Grizz posts a link, showing the evil of Wal-Mart, by showing that it is undercutting the maker of premium pickles, Vlasic, and is trying to destroy them by cutting prices.
The article he mentions, The Wal-Mart You don't know, actually wishes to show that the Evil One is creating more disgusting practices by selling Vlasic pickles at such a reduced price, that they are hurting Vlasic. Here is a part of the article.
QUOTE
A gallon-sized jar of whole pickles is something to behold. The jar is the size of a small aquarium. The fat green pickles, floating in swampy juice, look reptilian, their shapes exaggerated by the glass. It weighs 12 pounds, too big to carry with one hand. The gallon jar of pickles is a display of abundance and excess; it is entrancing, and also vaguely unsettling. This is the product that Wal-Mart fell in love with: Vlasic's gallon jar of pickles.
Wal-Mart priced it at $2.97--a year's supply of pickles for less than $3! "They were using it as a 'statement' item," says Pat Hunn, who calls himself the "mad scientist" of Vlasic's gallon jar. "Wal-Mart was putting it before consumers, saying, This represents what Wal-Mart's about. You can buy a stinkin' gallon of pickles for $2.97. And it's the nation's number-one brand."
Therein lies the basic conundrum of doing business with the world's largest retailer. By selling a gallon of kosher dills for less than most grocers sell a quart, Wal-Mart may have provided a ser-vice for its customers. But what did it do for Vlasic? The pickle maker had spent decades convincing customers that they should pay a premium for its brand. Now Wal-Mart was practically giving them away. And the fevered buying spree that resulted distorted every aspect of Vlasic's operations, from farm field to factory to financial statement.
Indeed, as Vlasic discovered, the real story of Wal-Mart, the story that never gets told, is the story of the pressure the biggest retailer relentlessly applies to its suppliers in the name of bringing us "every day low prices." It's the story of what that pressure does to the companies Wal-Mart does business with, to U.S. manufacturing, and to the economy as a whole. That story can be found floating in a gallon jar of pickles at Wal-Mart.
Wal-Mart is not just the world's largest retailer. It's the world's largest company--bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what
Wal-Mart priced it at $2.97--a year's supply of pickles for less than $3! "They were using it as a 'statement' item," says Pat Hunn, who calls himself the "mad scientist" of Vlasic's gallon jar. "Wal-Mart was putting it before consumers, saying, This represents what Wal-Mart's about. You can buy a stinkin' gallon of pickles for $2.97. And it's the nation's number-one brand."
Therein lies the basic conundrum of doing business with the world's largest retailer. By selling a gallon of kosher dills for less than most grocers sell a quart, Wal-Mart may have provided a ser-vice for its customers. But what did it do for Vlasic? The pickle maker had spent decades convincing customers that they should pay a premium for its brand. Now Wal-Mart was practically giving them away. And the fevered buying spree that resulted distorted every aspect of Vlasic's operations, from farm field to factory to financial statement.
Indeed, as Vlasic discovered, the real story of Wal-Mart, the story that never gets told, is the story of the pressure the biggest retailer relentlessly applies to its suppliers in the name of bringing us "every day low prices." It's the story of what that pressure does to the companies Wal-Mart does business with, to U.S. manufacturing, and to the economy as a whole. That story can be found floating in a gallon jar of pickles at Wal-Mart.
Wal-Mart is not just the world's largest retailer. It's the world's largest company--bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what
Now let's look at this for a minute. If Wal-Mart is selling the Vlasic pickles at the point where it is making $.01/gal, then it is due to it's efficiency and good business practices that allow it to make a profit, AND at the same time offer goods to those who are least able to afford things at a higher price. Right? Is Vlasic making less money, in actual terms, if they sell to Wal-Mart, or if they sell to Kroger? The mark up is the same. It is just that Kroger does not doo such a great job of being as productive as Wal-Mart. So where is Wal-Mart being unethical?
And if you go through the lengthy article, there is more here than just a rant about Wal-Mart. Granted, Wal-Mart is the central villian, but the REAL bad guys are things such as "outsourcing", "Loss of Overseas Jobs", "Unfair Competition", "Unfair Productivity", and worst of all things, the Evil "Free Trade", which is absolutely destroying the way of life of the average American, right? After all, these people are all for the "Little Guy", or so they say. But is they really are for the "little guy", they why are they so He!! bent on making the "little guy" fork over more or their less than prodigious wallet to support those who are not competing in the world market?
The point is simply this. What we have here is a combination of Special Interests, such as the Anti-Free-Trade groups, Socialists, Trade Unions, and others of like bent, who are trying to protect their own 'feather bed' that they have been wallering on for so long. And who is coordinating the efforts of these groups? Which major entity has all these groups contributing to them on a regular basis?
The Democrats, that's who! That is right, this is a concerted effort by the Democratic Party, that constantly proclaims itself the champion of the poor and downtrodden. Yet when the rubber meets the road, who do they REALLY favour? If you say, the ones with the most money, YOU WIN!!!
Screw the Little Guy. He's poor, and does not have the money to grease the wheels of the Jackasses. The only thing that the "little guy" is good for is to use as a "Front" to hide the others lurking in the rear.
So much for economic knowledge Grizzly. I can see that you are not learning a single thing about economics here, or anywhere for that matter. Congratulations!
