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Originally posted by gemdog
Wages should be based on the employers ability to pay X amount, the difficulty and value of the job, the employees ability and performance, and overall whats best for everyone involved. That may sound idealistic, or unrealistic, but its what makes a healthy system thrive, IMHO. I get irked when I hear words like entitled, deserve, qualified, etc. in relationship to things like this. It seems to denote that someone else is "less" than another.
A college degree isnt an automatic sign of a better person.
(and I have a college degree,btw)
Originally posted by EarthCitizen07
reply to post by schuyler
Do you value truth at all? You do realise a lot of the bargain items sold are "made in china" for usa consumption, correct? Chinese wages are significantly lower than american wages due to cost of living differences.
These products are then imported into the usa and sold as american-brand merchandise. Companies like walmart who have bare minimum skeleton crews, refuse to pay overtime to the majority of employees, low decoration within store, and cheaply manufactured foreign items.
You get to save some money buying these items, because on top of everything else the items imported into the usa are tarrif-free. But considering all the shortcuts taken by walmart and other high discount retail outlets they could probably resell that merchandise at even half price and still turn in reasonably high profits. Walmart is not doing anyone any real favor at all except to their shareholders who value every single penny in dividends regardless of how unethical or even illegal their malpractice is.
Barely anything you say is accurate. Lots and lots of propaganda has me convinced you are a wall street shill and right wing lunatic.
Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48% stake in Walmart.
Originally posted by kozmo
Walmart has ONE obligation as a publicly traded company - and that is to the shareholders.
Take a business class for Christ's sake!!!
It is apparent you have no real world experience running a company.
Originally posted by GreenGlassDoor
reply to post by buddhasystem
Wal-Mart's common stock symbol is WMT. it is traded on the NYSE.
Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48% stake in Walmart.
Originally posted by buddhasystem
EDIT TO ADD:
Noted.
I jumped the gun:
Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48% stake in Walmart.
====================================================
Originally posted by kozmo
Walmart has ONE obligation as a publicly traded company - and that is to the shareholders.
Walmart is NOT a publicly traded company. It's family owned. Do you understand the difference?
Take a business class for Christ's sake!!!
You would do well to heed your own advice.
It is apparent you have no real world experience running a company.
It is apparent you don't know basic stuff most people take for granted.
edit on 26-11-2012 by buddhasystem because: (no reason given)
Walmart has ONE obligation as a publicly traded company - and that is to the shareholders
Originally posted by Trustfund
reply to post by kozmo
Walmart has ONE obligation as a publicly traded company - and that is to the shareholders
Nice slave mentality you got there
Originally posted by buddhasystem
Originally posted by boymonkey74
reply to post by foodstamp
Makes me sick to my stomach that some people think the job you do defines you as a person
I do.
and If you are on Min wage people think you are not intelligent.
Well I don't really think so, but let me come to the first point.
Your choices do define what you are. I'm very lucky to have been born in a family that was technically rather poor, but which valued good education above all things. I was working my butt off in school and was twice accepted to different magnet school on merits. I'll spare you the rest of the detail, but after a long while it really paid off. I had a choice to slack off, I didn't. I'm not saying that I'm more intelligent than the next guy, but what you choose to do in this life does define you as a person. And oh, when I neglected to make sure I'm 100% committed in one of my jobs, that didn't work exactly in my favor.
Many jobs need to be done, I get paid bugger all, I care for people and do a job many of you would say is beneath you.
When I was younger, I did menial jobs that paid pittance, and worked to exhaustion. I didn't think I was "below" anyone at some deep philosophical level, but in terms of sheer achievement and being able to help others, well this was too early to tell.
My personal theory, in this day and age there is a way... If there is the will. I've seen building contractors becoming doctors (my students, actually) and before that they were simply workers.
edit on 26-11-2012 by buddhasystem because: (no reason given)