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mrmitchell
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quote: Wal-mart is destroying America, Gramps. I'm not gonna say bad things about them helping people out in a crisis, but how many other communities has Wal-Mart destroyed across the country? I can tell you one, Oberlin, OH, home of Rubbermaid. |
If Sam was still around I wonder if Wal Mart would be selling so many Chinese products and have all these executives reeling in multimillions and getting caught up in scandals or be trying to sell clothing even mildly fashionable...
But either way, we've already had the Rubbermaid discussion. Suppliers have a choice if they want to supply Wal Mart or not...
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Drogue
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Omnipresent conscience
Oct 2002 time: 05:37
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quote: Originally posted by Agathon

That's not the point. No planned economy is subject to direct market forces, since it doesn't need to operate according to the price system - we know what people need, we don't have to set a market price. For example if you know what your resources are, and what everyone in your village wants, making a market would be a waste of time - there's a reason tribal societies like the Maori didn't operate according to market principles - it would have been a waste of time. Similarly companies for the most part don't operate on market principles internally, because that would be dumb too.
Do you understand at all what markets are for? They are a distribution system that we use when it is too difficult to find out what people need directly. When that difficulty is overcome it is simply easier to realize what people want and make a plan to produce it.
Planned economies like the Soviet Union had a tough time because they simply didn't have the information required to know what had to be produced in order to meet their needs. Wherever you don't have that information it is usually better to decentralize production through a market. Information technology is making that less true every day. Wal Mart is efficient for this very reason. |
Great post. Though I would question how close we're coming to that level of information. It may be less true every day, but we're still a long way from perfect information, from knowing what type of each product, in what numbers, every consumer wants. Moreover, if we ever get to that stage, it would probably been seen as violating people's privacy, as the government or body providing the goods they require would know exactly what they want, when they want it - a huge amount of personal information. Do we want that?
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SnowFire
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New York City, NY
Jan 1970 time: 00:37
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quote: Originally posted by chegitz guevara
Wal-mart is destroying America, Gramps. I'm not gonna say bad things about them helping people out in a crisis, but how many other communities has Wal-Mart destroyed across the country? I can tell you one, Oberlin, OH, home of Rubbermaid.
Keep your head down, just in case Ophelia blows your way. |
Stop back at 'poly for the first time in awhile, and see this. What huh?! If Oberlin's community got destroyed, I sure didn't notice it. I believe that there's a Wal-Mart in nearby Elyria (that only opened in 1992. Yes, I just called it up and checked), but so is a Super-K and so on. Oberlin's pathetic main street of commerce remains, not really improved or dimmed compared to past years as best I can tell. The town's economy is still based around the college and the FAA enroute center at its base, with some farming to supplement it. If Rubbermaid used to operate out of here, I must have missed it in any mentions of the history of the town, and don't see why it would be pushed out due to Wal-Mart.
And oh yes. When Wal-Mart wanted to expand more into Lorain County (I know they did a year or so ago), I believe that there was much fuss & hullabaloo that it would annihilate all known life-forms, etc. Might just be college rag blather, but Lorain County has some pretty fervent anti-big-business democrats in charge, last I checked. I wouldn't be surprised at all for them to put up all sorts of roadblocks to more expansion.
Could you enlighten me as to what you were getting at? This a very recent development, or one way back in the past, or did I just totally miss it during my college years?
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All times are GMT. The time now is 05:37. Apolyton Time is 00:37. |
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