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> And you think the worker would be better off if you didn't buy it? No they'd just be unemployed or employed at a worse job. As a matter of fact, I do. The wo
by swalkergibson 13y ago
> And you think the worker would be better off if you didn't buy it? No they'd just be unemployed or employed at a worse job.
As a matter of fact, I do. The world is littered with suffering due to Western economic expansion (exploitation). For evidence, see the Banana Republics [0] generated in Latin America due to large fruit producers invading under the banner of "this is better for you." Globalization has an extraordinary human cost.
> The money you lose by buying more expensive local products, plus the the probability that the small amount of your money that actually goes to a local worker will make him less likely to rob, times the probability that he would rob your house specifically...
> Even with absurd estimates of how likely that is, it's still cheaper just to spend the money you save on insurance than what you would gain from slightly reducing the risk of robbery.
Did you even look at the artifact that I submitted? 73% of the money you spend locally stays in the community, whereas 43% stays in the community if you shop big-box. Furthermore, there is more than one "guy down the street." If everyone in your neighborhood is now suddenly suffering due to money leaving the community, what does that do to your probability model?
> What are you referring to that has been reduced in quality so much it actually costs more in the long run (especially things where this is done without the consumer's knowledge or choice to buy higher quality elsewhere.)? And can you actually attribute that to Walmart specifically, and it wouldn't have happened anyways? Or even just people making irrational purchasing decisions or just having a high time preference?
Have you been to a Walmart/Kmart/Target lately? What product have you picked up there recently and thought, "Yeah, this should hold up for a while, thank goodness I saved $2.18 on it!"
Additionally, if you have a high time preference, you should definitely not shop at Walmart. Walmart is responding to competitive pressure by "implementing deep cuts in labor hours at the company’s US stores, setting in motion a "vicious circle" of understaffing, operational miscues, and lost sales that is diminishing the company’s long-term value." [1]
I don't know about you, but wandering around a 100k square foot building with nobody to help in sight sounds like a serious waste of time to me.
[0] http://en.wikipedia.org/wiki/Banana_republic http://en.wikipedia.org/wiki/Banana_republic
[1] http://makingchangeatwalmart.org/files/2011/10/The-High-Price-of-Low-Cost.pdf http://makingchangeatwalmart.org/files/2011/10/The-High-Pric...