4 ms·

Whenever you see companies engaging in political positions, know one thing: it's not you they have in mind.

by glimshe 7mo ago

TheTaytay 7mo ago
Are you making reference to the “class action farms” or to Costco here. Because I certainly don’t think class action lawsuits have victims in mind. Source: recipient of a few coupons and $10.00 checks after some “successful” class action.
- weird-eye-issue 7mo ago
  Lawyers get like 50% of the class action settlements its pretty wild.
  - TheTaytay 7mo ago
    Right! THAT is the “business” with a political position in this case. Not the one seeking a refund on illegal taxes. It doesn’t have to be in my personal best interest for me to think it makes sense for a retailer to seek a tariff refund!
  - skeeter2020 7mo ago
    This would be pretty rare. There's no doubt they get a lot in billable hours, and the pay-out process - if complex - can be expensive, but my understanding is it's typically closer to 20% to the lawyers and maybe 5-8% more in administration. It's definitely a lot but not averaging 50%.
jfengel 7mo ago
I prefer to deal with a company who is making the world a better place rather than a worse one. I don't care whether they like me or not. I'd rather they did it for good reasons. It makes it more likely that they'll continue to. But they might also do it just to help keep my business, and that suffices.
swed420 7mo ago
> Whenever you see companies engaging in political positions, know one thing: it's not you they have in mind. Yes, those pesky political companies... * Paying their employees above average wages * Working with their suppliers to achieve win/win/win outcomes wherever possible * Stocking products that enhance their customers' lives instead of optimizing for profit margins and nothing else * Etc Costco is a rare example of a company doing the right thing and succeeding under late stage capitalism.
- groundzeros2015 7mo ago
  I don’t understand how you can claim the market system is structurally broken but the big company you like is “one of the good ones”. I just think their branding is more appealing to you, combined with a more pessimistic view of companies you don’t use. > Paying their employees above average wages Their reasons for having higher wages are well-documented and they are equally self-serving. > Stocking products that enhance their customers' lives instead of optimizing for profit margins and nothing else They are one of the most aggressive profit seekers in existence! Often that presents publicly in their deals with supplier.
  - swed420 7mo ago
    It's pretty easy to see the vast difference in attitudes of Costco employees versus Walmart, etc. It turns out that if you treat people like humans, they'll return the favor. Costco knows this and uses it to everyone's advantage. If this is your idea of "appealing branding" then call it whatever you need to.
    - groundzeros2015 7mo ago
      I'm glad the marketplace has created a provider you like.
      - swed420 7mo ago
        So am I, at least for when it comes to groceries. I can't say the same for other domains. Unfortunately, experience shows these rare gems are often one generation away from going to shit when the principled types retire and are replaced with backstabbing money grabbers who think the only way to win is in a race to the collective bottom, because "that's what everybody else is doing."

Whenever you see companies engaging in political positions, know one thing: it's not you they have in mind.

by glimshe 7mo ago

Whenever you see companies engaging in political positions, know one thing: it's not you they have in mind.

Are you making reference to the “class action farms” or to Costco here. Because I certainly don’t think class action lawsuits have victims in mind. Source: recipient of a few coupons and $10.00 checks after some “successful” class action.

weird-eye-issue 7mo ago
Lawyers get like 50% of the class action settlements its pretty wild.
- TheTaytay 7mo ago
  Right! THAT is the “business” with a political position in this case. Not the one seeking a refund on illegal taxes. It doesn’t have to be in my personal best interest for me to think it makes sense for a retailer to seek a tariff refund!
- skeeter2020 7mo ago
  This would be pretty rare. There's no doubt they get a lot in billable hours, and the pay-out process - if complex - can be expensive, but my understanding is it's typically closer to 20% to the lawyers and maybe 5-8% more in administration. It's definitely a lot but not averaging 50%.

jfengel 7mo ago

I prefer to deal with a company who is making the world a better place rather than a worse one. I don't care whether they like me or not. I'd rather they did it for good reasons. It makes it more likely that they'll continue to. But they might also do it just to help keep my business, and that suffices.

swed420 7mo ago

> Whenever you see companies engaging in political positions, know one thing: it's not you they have in mind. Yes, those pesky political companies... * Paying their employees above average wages * Working with their suppliers to achieve win/win/win outcomes wherever possible * Stocking products that enhance their customers' lives instead of optimizing for profit margins and nothing else * Etc Costco is a rare example of a company doing the right thing and succeeding under late stage capitalism.

groundzeros2015 7mo ago
I don’t understand how you can claim the market system is structurally broken but the big company you like is “one of the good ones”. I just think their branding is more appealing to you, combined with a more pessimistic view of companies you don’t use. > Paying their employees above average wages Their reasons for having higher wages are well-documented and they are equally self-serving. > Stocking products that enhance their customers' lives instead of optimizing for profit margins and nothing else They are one of the most aggressive profit seekers in existence! Often that presents publicly in their deals with supplier.
- swed420 7mo ago
  It's pretty easy to see the vast difference in attitudes of Costco employees versus Walmart, etc. It turns out that if you treat people like humans, they'll return the favor. Costco knows this and uses it to everyone's advantage. If this is your idea of "appealing branding" then call it whatever you need to.
  - groundzeros2015 7mo ago
    I'm glad the marketplace has created a provider you like.
    - swed420 7mo ago
      So am I, at least for when it comes to groceries. I can't say the same for other domains. Unfortunately, experience shows these rare gems are often one generation away from going to shit when the principled types retire and are replaced with backstabbing money grabbers who think the only way to win is in a race to the collective bottom, because "that's what everybody else is doing."