4 ms·

COSTCO is 1/5th the size of Amazon, even though the company has been around about 20 years longer.

by bmismyname 4y ago

whateveracct 4y ago
> 1/5th the size of Amazon So pretty freaking big?
- bmismyname 4y ago
  [flagged]
  - pie420 4y ago
    [flagged]
    - bmismyname 4y ago
      I'm saying that capitalism is designed to enrich the owning class at the expense of the working class. It's just a system to transfer wealth toward those who already have it. The "rising tide lifts all boats" reaganomics argument is not wrong, but if it reaches the point (where it has now) where the working class is not seeing an inflation-adjusted increase in wealth, then they are (by definition) becoming poorer over time.
      - danaris 4y ago
        Not sure how this squares with your assertion upthread that it's hard to imagine a company that treats its workers well succeeding...
      - LegitShady 4y ago
        which system other than capitalism has worked better, historically? Because the alternatives seem to be worse. The issue isn't capitalism its the political leadership who aren't interested in creating an environment where workers are rewarded in line with their productivity.
        adgjlsfhk1 4y ago
        Socialism seems to be working out far better for pretty much the entire EU.
        LegitShady 4y ago
        Not a single country in the EU uses socialism, so you'd be mistaken. They are all capitalist countries.
        adgjlsfhk1 4y ago
        and yet when anyone in the US suggests single player healthcare, higher income taxes, or more restraints on corporations, they get accused of being socialist.
        LegitShady 4y ago
        so because random people in the US are wrong, you'd like to be as well?
jfim 4y ago
They also only sell goods to members, and don't offer have a cloud service. I also trust Costco a lot more than Amazon, even though Costco is not as convenient to use due to their smaller number of SKUs.
- dylan604 4y ago
  smaller number of SKUs and not consistent. you can find something on a visit, and then it is not available on a subsequent visit. but i now know this going in, and still benefit from the items that are available
  - jfim 4y ago
    It's intentional. See https://customerservice.costco.com/app/answers/detail/a_id/716/~/why-does-costco-have-a-treasure-hunt-atmosphere%3F https://customerservice.costco.com/app/answers/detail/a_id/7... The idea is that if you see something that interests you, you buy it now, and there's always something new on each visit. It's annoying for certain things, but at the same time it allows them to avoid having the same stock on the floor because people are on the fence about a purchase.
nameless912 4y ago
This is like saying your restaurant chain is unsuccessful because it only has 1/5 the locations as McDonalds. That's still a _lot_ of freakin' restaurants my guy. Costco is the only counterexample that I know of to "all workplaces need unions in order to guarantee workers' quality of life", but I think they might be the exception that proves the rule. That they've grown to be that big and treated their employees that well is a testament to how good economically, long term, it is to treat your employees as the valuable assets they are.

COSTCO is 1/5th the size of Amazon, even though the company has been around about 20 years longer.

whateveracct 4y ago

> 1/5th the size of Amazon So pretty freaking big?

bmismyname 4y ago
[flagged]
- pie420 4y ago
  [flagged]
  - bmismyname 4y ago
    I'm saying that capitalism is designed to enrich the owning class at the expense of the working class. It's just a system to transfer wealth toward those who already have it. The "rising tide lifts all boats" reaganomics argument is not wrong, but if it reaches the point (where it has now) where the working class is not seeing an inflation-adjusted increase in wealth, then they are (by definition) becoming poorer over time.
    - danaris 4y ago
      Not sure how this squares with your assertion upthread that it's hard to imagine a company that treats its workers well succeeding...
    - LegitShady 4y ago
      which system other than capitalism has worked better, historically? Because the alternatives seem to be worse. The issue isn't capitalism its the political leadership who aren't interested in creating an environment where workers are rewarded in line with their productivity.
      - adgjlsfhk1 4y ago
        Socialism seems to be working out far better for pretty much the entire EU.
        LegitShady 4y ago
        Not a single country in the EU uses socialism, so you'd be mistaken. They are all capitalist countries.
        adgjlsfhk1 4y ago
        and yet when anyone in the US suggests single player healthcare, higher income taxes, or more restraints on corporations, they get accused of being socialist.
        LegitShady 4y ago
        so because random people in the US are wrong, you'd like to be as well?

jfim 4y ago

They also only sell goods to members, and don't offer have a cloud service. I also trust Costco a lot more than Amazon, even though Costco is not as convenient to use due to their smaller number of SKUs.

dylan604 4y ago
smaller number of SKUs and not consistent. you can find something on a visit, and then it is not available on a subsequent visit. but i now know this going in, and still benefit from the items that are available
- jfim 4y ago
  It's intentional. See https://customerservice.costco.com/app/answers/detail/a_id/716/~/why-does-costco-have-a-treasure-hunt-atmosphere%3F https://customerservice.costco.com/app/answers/detail/a_id/7... The idea is that if you see something that interests you, you buy it now, and there's always something new on each visit. It's annoying for certain things, but at the same time it allows them to avoid having the same stock on the floor because people are on the fence about a purchase.

nameless912 4y ago

This is like saying your restaurant chain is unsuccessful because it only has 1/5 the locations as McDonalds. That's still a _lot_ of freakin' restaurants my guy. Costco is the only counterexample that I know of to "all workplaces need unions in order to guarantee workers' quality of life", but I think they might be the exception that proves the rule. That they've grown to be that big and treated their employees that well is a testament to how good economically, long term, it is to treat your employees as the valuable assets they are.