6 Waltons are wealthier than 30% of Americans

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LJS9502_basic

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#151 LJS9502_basic
Member since 2003 • 180120 Posts

How do you fix this inequality? I like competition and being able to make more if I am clever and resourceful, but I dont want a society where 1% controls 95% of the wealth either. I would prefer some spread of wealth, just not where I have to genuflect to the waltons everytime they walk by.

sonicare
If they removed loopholes then corporations and the wealthy will pay into the system more. I don't care how much money someone has if they pay their fair share...which in turn should mean the lower income brackets pays less of their gross allowing more net. Win win. Right now though that is NOT being done.
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kuraimen

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#152 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="thegerg"] Exactly, if a government is pursuing you in a manner which influences your ability to be free against your will, they are limiting your freedom. Wal-Mart, though, is not doing this. Freedom is not the ability to purchase what you want, from whom you want, for the price you want. Freedom is not the right for a business to remain profitable in a market in which it is not competitive. Freedom is not the right to have the choices you make facilitated by others. Please answer this question: What of your freedoms is Wal-Mart limiting?thegerg

What they do is exactly influencing your ability to be free against your will. By becoming so big they greatly limit the capacity of small businesses to become competitive. Small businesses can't handle such low prices so they start to disappear. That is ONE instance where they limit people's freedoms(the small business owners who want to become competitive but it is not possible in this environment which goes against their will). I couldn't care less about your own definition of freedom which I find incredibly naive if you don't consider having a huge control over the market as limiting people's freedoms.

Freedom is not the right to become/remain competitive in a market in which a business can't compete.

Again, please answer this question: What of your freedoms is Wal-Mart limiting?

It seems that the problem here is that you think not getting what you want is a limitation to your freedom. That's childish.

The government is also limiting to to get you what you want which is to be unattached to it. How is that less childish then?
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LJS9502_basic

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#153 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="thegerg"]

[QUOTE="kuraimen"] What they do is exactly influencing your ability to be free against your will. By becoming so big they greatly limit the capacity of small businesses to become competitive. Small businesses can't handle such low prices so they start to disappear. That is ONE instance where they limit people's freedoms(the small business owners who want to become competitive but it is not possible in this environment which goes against their will). I couldn't care less about your own definition of freedom which I find incredibly naive if you don't consider having a huge control over the market as limiting people's freedoms.kuraimen

Freedom is not the right to become/remain competitive in a market in which a business can't compete.

Again, please answer this question: What of your freedoms is Wal-Mart limiting?

It seems that the problem here is that you think not getting what you want is a limitation to your freedom. That's childish.

The government is also limiting to to get you what you want which is to be unattached to it. How is that less childish then?

If you don't want to be attached to a government then you have to leave the area that is governed.
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kuraimen

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#154 kuraimen
Member since 2010 • 28078 Posts

How do you fix this inequality? I like competition and being able to make more if I am clever and resourceful, but I dont want a society where 1% controls 95% of the wealth either. I would prefer some spread of wealth, just not where I have to genuflect to the waltons everytime they walk by.

sonicare
I say focus on cooperation and not competition. Make people think about communities and not on nuclear families or individuals. By your community being well you are well. Make people's wellness depend on the other people's wellness. Once you can think of only your and your immediate family wellness then someone can screw everybody else build a house with a huge wall and live isolated from the world they are taking advantage of. When the consequences of your actions get more direct effects on your community and, therefore, on you, then I think things could change because you have no other way but to care for others.
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kuraimen

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#155 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="thegerg"] Freedom is not the right to become/remain competitive in a market in which a business can't compete.

Again, please answer this question: What of your freedoms is Wal-Mart limiting?

It seems that the problem here is that you think not getting what you want is a limitation to your freedom. That's childish.

LJS9502_basic

The government is also limiting to to get you what you want which is to be unattached to it. How is that less childish then?

If you don't want to be attached to a government then you have to leave the area that is governed.

There is no place in this world without a government. The only way would be possibly Antartica. Of course you are free to go to Antartica and freeze to death that's true freedom :roll:

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LJS9502_basic

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#156 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="kuraimen"] The government is also limiting to to get you what you want which is to be unattached to it. How is that less childish then?kuraimen

If you don't want to be attached to a government then you have to leave the area that is governed.

There is no place in this world without a government. The only way would be possibly Antartica. Of course you are free to go to Antartica and free to death that's true freedom :roll:

I'm not the one whining about having to live under a government...you are. Pack warm clothes.
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z4twenny

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#157 z4twenny
Member since 2006 • 4898 Posts

[QUOTE="z4twenny"]

[QUOTE="thegerg"]nor does Wal-Mart have the lawful ability to limit one's freedom. LJS9502_basic

surely in the history of america, no business has EVER given funds to politicians.....

You'd have to provide the correlation that said funds caused limited freedom.....you're up.

it's bribery.... it's buying someones voice to have it be your voice, not the voice of the people that it should be representing but the voice of the business. if you honestly believe otherwise you're the single most deluded person on gamespot (which at this point considering all your previous posts in various other threads wouldn't surprise me)

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kuraimen

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#158 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="kuraimen"]

[QUOTE="LJS9502_basic"]If you don't want to be attached to a government then you have to leave the area that is governed. LJS9502_basic

There is no place in this world without a government. The only way would be possibly Antartica. Of course you are free to go to Antartica and free to death that's true freedom :roll:

I'm not the one whining about having to live under a government...you are. Pack warm clothes.

I'm not the one saying I have the freedom to live without a government or to live without depending on big economic conglomerates. The point is that we are all dependent and attached to those and they control our lives in similar ways.
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LJS9502_basic

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#159 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="z4twenny"]

surely in the history of america, no business has EVER given funds to politicians.....

z4twenny

You'd have to provide the correlation that said funds caused limited freedom.....you're up.

it's bribery.... it's buying someones voice to have it be your voice, not the voice of the people that it should be representing but the voice of the business. if you honestly believe otherwise you're the single most deluded person on gamespot (which at this point considering all your previous posts in various other threads wouldn't surprise me)

I asked for your examples....so far you have given me nothing but histrionics. Anything substantial to mention?
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kuraimen

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#160 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="z4twenny"]

[QUOTE="LJS9502_basic"] You'd have to provide the correlation that said funds caused limited freedom.....you're up.LJS9502_basic

it's bribery.... it's buying someones voice to have it be your voice, not the voice of the people that it should be representing but the voice of the business. if you honestly believe otherwise you're the single most deluded person on gamespot (which at this point considering all your previous posts in various other threads wouldn't surprise me)

I asked for your examples....so far you have given me nothing but histrionics. Anything substantial to mention?

Actually I think that is very substantial and evident. Whoever think that doesn't happen must be living under a rock.
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LJS9502_basic

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#161 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="kuraimen"]

There is no place in this world without a government. The only way would be possibly Antartica. Of course you are free to go to Antartica and free to death that's true freedom :roll:

kuraimen

I'm not the one whining about having to live under a government...you are. Pack warm clothes.

I'm not the one saying I have the freedom to live without a government or to live without depending on big economic conglomerates. The point is that we are all dependent and attached to those and they control our lives in similar ways.

I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

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LJS9502_basic

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#162 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="z4twenny"]

it's bribery.... it's buying someones voice to have it be your voice, not the voice of the people that it should be representing but the voice of the business. if you honestly believe otherwise you're the single most deluded person on gamespot (which at this point considering all your previous posts in various other threads wouldn't surprise me)

kuraimen

I asked for your examples....so far you have given me nothing but histrionics. Anything substantial to mention?

Actually I think that is very substantial and evident. Whoever think that doesn't happen must be living under a rock.

That's just another histrionic shallow but empty point. I asked for examples....I'm waiting for them. It matters not what I think. He posited a statement and he should be able to back it up. And stating that everyone should know that is not considered a counterpoint. It's a failure. It basically says I don't know....so I'm going to accuse the other individual of not knowing. Lame.

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kuraimen

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#163 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"]I'm not the one whining about having to live under a government...you are. Pack warm clothes.LJS9502_basic

I'm not the one saying I have the freedom to live without a government or to live without depending on big economic conglomerates. The point is that we are all dependent and attached to those and they control our lives in similar ways.

I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.
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kuraimen

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#164 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"] I asked for your examples....so far you have given me nothing but histrionics. Anything substantial to mention?LJS9502_basic

Actually I think that is very substantial and evident. Whoever think that doesn't happen must be living under a rock.

That's just another histrionic shallow but empty point. I asked for examples....I'm waiting for them. It matters not what I think. He posited a statement and he should be able to back it up. And stating that everyone should know that is not considered a counterpoint. It's a failure. It basically says I don't know....so I'm going to accuse the other individual of not knowing. Lame.

There are many examples in this thread alone. Do you think people here still believe you are interested in facts or evidence? Your way of debating speaks highly as to how you are not interested on anything but your own opinion.
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LJS9502_basic

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#165 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="LJS9502_basic"]

[QUOTE="kuraimen"] I'm not the one saying I have the freedom to live without a government or to live without depending on big economic conglomerates. The point is that we are all dependent and attached to those and they control our lives in similar ways.kuraimen

I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.

You really do need to provide some substantive content in your posts. Thus far you spew only an opinion. Which would be fine if you added some facts to why you reached said opinion. But you do not. Seems your posts come down to an appeal to emotions fallacy and not much more. Oh....and we can add an ad hominem in this one.;)
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LJS9502_basic

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#166 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="LJS9502_basic"]

[QUOTE="kuraimen"] Actually I think that is very substantial and evident. Whoever think that doesn't happen must be living under a rock.kuraimen

That's just another histrionic shallow but empty point. I asked for examples....I'm waiting for them. It matters not what I think. He posited a statement and he should be able to back it up. And stating that everyone should know that is not considered a counterpoint. It's a failure. It basically says I don't know....so I'm going to accuse the other individual of not knowing. Lame.

There are many examples in this thread alone. Do you think people here still believe you are interested in facts or evidence? Your way of debating speaks highly as to how you are not interested on anything but your own opinion.

I'm not interested in side conversations between different individuals. I asked the dude I quoted to provide examples of his statement. He did not. You made it your business to jump into the conversation ass backwards. If you want to take up someone's argument then you best have some examples when they are asked...and not try to weasel your way out of providing them....which the two of you did. Now...either provide the examples I asked or butt out.
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kuraimen

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#167 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"]I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

LJS9502_basic

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.

You really do need to provide some substantive content in your posts. Thus far you spew only an opinion. Which would be fine if you added some facts to why you reached said opinion. But you do not. Seems your posts come down to an appeal to emotions fallacy and not much more. Oh....and we can add an ad hominem in this one.;)

Yeah sure LJ, I find more intellectual stimulation talking to a leaf than in all my conversations with you put together. Not gonna waste more time there. ;)

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surrealnumber5

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#168 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="LJS9502_basic"]

[QUOTE="kuraimen"] I'm not the one saying I have the freedom to live without a government or to live without depending on big economic conglomerates. The point is that we are all dependent and attached to those and they control our lives in similar ways.kuraimen

I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.

con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

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themajormayor

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#169 themajormayor
Member since 2011 • 25729 Posts

Link: http://news.yahoo.com/six-waltons-more-wealth-bottom-30-americans-182819449.html

Yep..."free" market capitalism at it's finest. America's middle class is gone, the euro is about to tank and China/Russia have the Western world by the balls but at least Sam Walton's great grandchildren are doing fine.

Also, this is a pretty good video to watch if you are interested in this topic: http://www.youtube.com/watch?v=gIcqb9hHQ3E&list=LLDNAGDk92Yws6AG4MfkiFFQ&index=2&feature=plpp_video

chandlerr_360
Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.
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LJS9502_basic

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#170 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="kuraimen"] Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them. kuraimen

You really do need to provide some substantive content in your posts. Thus far you spew only an opinion. Which would be fine if you added some facts to why you reached said opinion. But you do not. Seems your posts come down to an appeal to emotions fallacy and not much more. Oh....and we can add an ad hominem in this one.;)

Yeah sure LJ, I find more intellectual stimulation talking to a leaf than in all my conversations with you put together. Not gonna waste more time there. ;)

Mostly because you can never directly respond to posts.
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LJS9502_basic

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#171 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"]I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

surrealnumber5

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.

con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

I don't think he understands competition at all. Nor consumer decision making.
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kuraimen

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#172 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"]I don't know about you but Walmart does not control my life. Whether I shop there or not is my choice. Something you are having trouble differentiating from the looks of your posts in this thread with thegerg. I don't usually agree with him but your points are weak in your argument and you've avoided his questions a few times now. You are making him look good here.....

surrealnumber5

Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them.

con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

When I say that I'm talking about corporations and conglomerates interchangeably. In the end their influence is similar. I'm in no way singling Walmart out they are just one of the most evident examples.
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LJS9502_basic

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#173 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="surrealnumber5"]

[QUOTE="kuraimen"] Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them. kuraimen

con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

When I say that I'm talking about corporations and conglomerates interchangeably. In the end their influence is similar. I'm in no way singling Walmart out they are just one of the most evident examples.

Nice attempt at a save there....

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kuraimen

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#174 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="chandlerr_360"]

Link: http://news.yahoo.com/six-waltons-more-wealth-bottom-30-americans-182819449.html

Yep..."free" market capitalism at it's finest. America's middle class is gone, the euro is about to tank and China/Russia have the Western world by the balls but at least Sam Walton's great grandchildren are doing fine.

Also, this is a pretty good video to watch if you are interested in this topic: http://www.youtube.com/watch?v=gIcqb9hHQ3E&list=LLDNAGDk92Yws6AG4MfkiFFQ&index=2&feature=plpp_video

themajormayor
Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.
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themajormayor

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#175 themajormayor
Member since 2011 • 25729 Posts

Are they the creators of Walmart? If they hadn't been so rich those 30% would be even poorer since they wouldn't have jobs(of all types) on wallmart. Secondly walmart is very cheap making those 30% even richer in real money!

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LJS9502_basic

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#176 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="themajormayor"][QUOTE="chandlerr_360"]

Link: http://news.yahoo.com/six-waltons-more-wealth-bottom-30-americans-182819449.html

Yep..."free" market capitalism at it's finest. America's middle class is gone, the euro is about to tank and China/Russia have the Western world by the balls but at least Sam Walton's great grandchildren are doing fine.

Also, this is a pretty good video to watch if you are interested in this topic: http://www.youtube.com/watch?v=gIcqb9hHQ3E&list=LLDNAGDk92Yws6AG4MfkiFFQ&index=2&feature=plpp_video

kuraimen
Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico's social problems and inequality go far beyond this Carlos dude being wealthy. :lol:
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#177 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"]

[QUOTE="kuraimen"] Looking bad in your eyes is a compliment for me. But anyways you think you are not getting controlled because you can choose not to buy there? Naivety at its finest. Walmart's influence or any other conglomerate's influence for that matter goes far beyond you deciding or not deciding whether you buy or not from them. kuraimen

con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

When I say that I'm talking about corporations and conglomerates interchangeably. In the end their influence is similar. I'm in no way singling Walmart out they are just one of the most evident examples.

the two are not interchangeable at all, a corporation is a legal entity, a conglomerate is the coming together of separate business pursuits. a corporation can be as small as one man, and a conglomerate must be at least two businesses that come from unrelated industries.

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#178 LJS9502_basic
Member since 2003 • 180120 Posts

Are they the creators of Walmart? If they hadn't been so rich those 30% would be even poorer since they wouldn't have jobs(of all types) on wallmart. Secondly walmart is very cheap making those 30% even richer in real money!

themajormayor
Does tend to get overlooked that WalMart does, in fact, provide employment.
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kuraimen

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#179 kuraimen
Member since 2010 • 28078 Posts

Are they the creators of Walmart? If they hadn't been so rich those 30% would be even poorer since they wouldn't have jobs(of all types) on wallmart. Secondly walmart is very cheap making those 30% even richer in real money!

themajormayor
The point is that having rich people is not a necessary condition for a good society nor one is directly proportional to the other. Look at the US, they have never had so many rich people and their society is not looking very good.
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kuraimen

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#180 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="surrealnumber5"]con·glom·er·ate business organization involved in many areas: a large business organization that consists of a number of companies that deal with a variety of different business, manufacturing, or commercial activities

walmart is a retailer, that is their enterprise, they are not a "conglomerate". if they manufactured for the purpose of supplying other consumer end businesses they may well fit into the loosest use of the word, but lets ignore that little detail. are you assuming businesses do not seek their own means, that they do not compete? that they all get together in order to plot the most abstract methods to control your life?

surrealnumber5

When I say that I'm talking about corporations and conglomerates interchangeably. In the end their influence is similar. I'm in no way singling Walmart out they are just one of the most evident examples.

the two are not interchangeable at all, a corporation is a legal entity, a conglomerate is the coming together of separate business pursuits. a corporation can be as small as one man, and a conglomerate must be at least two businesses that come from unrelated industries.

A corporate conglomerate then.
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Engrish_Major

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#181 Engrish_Major
Member since 2007 • 17373 Posts

the two are not interchangeable at all, a corporation is a legal entity, a conglomerate is the coming together of separate business pursuits. a corporation can be as small as one man, and a conglomerate must be at least two businesses that come from unrelated industries.

surrealnumber5
I do see how the term can be applied - as WalMart is known to be able to dictate ingredients, packaging, etc, in addition to being able to dictate prices to suppliers, and not the other way around. They are more than just a place of retail.
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#182 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="LJS9502_basic"][QUOTE="kuraimen"][QUOTE="themajormayor"] Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico's social problems and inequality go far beyond this Carlos dude being wealthy. :lol:

Who's saying otherwise? Did you start with your strawman arguments already?
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themajormayor

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#183 themajormayor
Member since 2011 • 25729 Posts
[QUOTE="themajormayor"][QUOTE="chandlerr_360"]

Link: http://news.yahoo.com/six-waltons-more-wealth-bottom-30-americans-182819449.html

Yep..."free" market capitalism at it's finest. America's middle class is gone, the euro is about to tank and China/Russia have the Western world by the balls but at least Sam Walton's great grandchildren are doing fine.

Also, this is a pretty good video to watch if you are interested in this topic: http://www.youtube.com/watch?v=gIcqb9hHQ3E&list=LLDNAGDk92Yws6AG4MfkiFFQ&index=2&feature=plpp_video

kuraimen
Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico has higher standard of living than both Russia and China. In any case what has this got to do with anything I said? Most companies performs worse during recessions they get poorer not richer. If they had become richer then it wouldn't be a recession in the first place. You see production is the result of consumption, investment, government spending etc. If companies gets richer that means more spending and investment and more production meaning more jobs meaning higher wage. You are simply wrong.
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LJS9502_basic

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#184 LJS9502_basic
Member since 2003 • 180120 Posts

[QUOTE="LJS9502_basic"][QUOTE="kuraimen"] Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.kuraimen
Mexico's social problems and inequality go far beyond this Carlos dude being wealthy. :lol:

Who's saying otherwise? Did you start with your strawman arguments already?

Then the bolded post made no sense.....

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#185 themajormayor
Member since 2011 • 25729 Posts
[QUOTE="themajormayor"]

Are they the creators of Walmart? If they hadn't been so rich those 30% would be even poorer since they wouldn't have jobs(of all types) on wallmart. Secondly walmart is very cheap making those 30% even richer in real money!

kuraimen
The point is that having rich people is not a necessary condition for a good society nor one is directly proportional to the other. Look at the US, they have never had so many rich people and their society is not looking very good.

Yes unfortunately it is a necessary condition cause without some economic inequality there wouldn't be any incentive to work. That doesn't mean we should go for a society with 0% equality and no taxes etc but total economic equality will only lead to bad things. USA has the 4th highest standard of living in the world according to HDI. And the top 3 are not close to socialist/communist
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#186 themajormayor
Member since 2011 • 25729 Posts
[QUOTE="LJS9502_basic"][QUOTE="kuraimen"][QUOTE="themajormayor"] Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico's social problems and inequality go far beyond this Carlos dude being wealthy. :lol:

And of course this
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kuraimen

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#187 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="themajormayor"][QUOTE="kuraimen"][QUOTE="themajormayor"] Euro has noting to do with capitalism. Capitalists like Milton Friedman was actively against it. China and Russia are capitalist really. And people being rich is not a bad thing. You pull numbers out of your ass to make it look worse than it is. In fact people being rich is a good thing. I don't know what these guys works with but they probably would never get those money without creating alot of jobs for people. And the more they spend from their fortune the richer society will become.

Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico has higher standard of living than both Russia and China. In any case what has this got to do with anything I said? Most companies performs worse during recessions they get poorer not richer. If they had become richer then it wouldn't be a recession in the first place. You see production is the result of consumption, investment, government spending etc. If companies gets richer that means more spending and investment and more production meaning more jobs meaning higher wage. You are simply wrong.

Define standard of living. If you take into account security you do know it is more possible to be murdered in Mexico than in Afghanistan? And I'm not talking about simple companies I'm talking about corporations. Corporations got richer with the crisis, that is a fact, I'm not wrong. http://www.ibtimes.com/articles/29982/20100623/worlds-rich-got-richer-amid-09-recession.htm
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#188 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"]

the two are not interchangeable at all, a corporation is a legal entity, a conglomerate is the coming together of separate business pursuits. a corporation can be as small as one man, and a conglomerate must be at least two businesses that come from unrelated industries.

Engrish_Major

I do see how the term can be applied - as WalMart is known to be able to dictate ingredients, packaging, etc, in addition to being able to dictate prices to suppliers, and not the other way around. They are more than just a place of retail.

but their enterprise is only retail, but i understand the misuse, i am not trying to derail his argument with syntax, i am just tired of seeing the misuse. there are any number of other arguments that have already been used against his

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#189 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="kuraimen"][QUOTE="themajormayor"]

Are they the creators of Walmart? If they hadn't been so rich those 30% would be even poorer since they wouldn't have jobs(of all types) on wallmart. Secondly walmart is very cheap making those 30% even richer in real money!

themajormayor
The point is that having rich people is not a necessary condition for a good society nor one is directly proportional to the other. Look at the US, they have never had so many rich people and their society is not looking very good.

Yes unfortunately it is a necessary condition cause without some economic inequality there wouldn't be any incentive to work. That doesn't mean we should go for a society with 0% equality and no taxes etc but total economic equality will only lead to bad things. USA has the 4th highest standard of living in the world according to HDI. And the top 3 are not close to socialist/communist

Who says that we should strive for a 0% inequality? I never said that. With increased inequality the standard of living falls and the middle class disappears, like it is starting to happen in the US. The most unequal countries are the ones with more social problems.
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#190 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"]

[QUOTE="kuraimen"] When I say that I'm talking about corporations and conglomerates interchangeably. In the end their influence is similar. I'm in no way singling Walmart out they are just one of the most evident examples.kuraimen

the two are not interchangeable at all, a corporation is a legal entity, a conglomerate is the coming together of separate business pursuits. a corporation can be as small as one man, and a conglomerate must be at least two businesses that come from unrelated industries.

A corporate conglomerate then.

aside from retail what business are they in? do they lay rail? do they drill for oil? what venture do they do that is not to support their retail

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#191 kuraimen
Member since 2010 • 28078 Posts

[QUOTE="kuraimen"][QUOTE="LJS9502_basic"]Mexico's social problems and inequality go far beyond this Carlos dude being wealthy. :lol:LJS9502_basic

Who's saying otherwise? Did you start with your strawman arguments already?

Then the bolded post made no sense.....

Yes it makes sense maybe you are not intellectually capable of making sense out of it without a strawman though.
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#192 Engrish_Major
Member since 2007 • 17373 Posts

but their enterprise is only retail, but i understand the misuse, i am not trying to derail his argument with syntax, i am just tired of seeing the misuse. there are any number of other arguments that have already been used against his

surrealnumber5
But I believe that we could all agree that when a retailer has the ability to tell the producer how the products are to be produced, that is a bad thing. When this happens, more and more, it is approching a single entity controlling the means of production, which certainly does not benefit people who strive for free market principles.
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#193 themajormayor
Member since 2011 • 25729 Posts
[QUOTE="kuraimen"][QUOTE="themajormayor"][QUOTE="kuraimen"] Actually they tend to get richer when things get worse like the last economic crisis showed, many corporations way more rich. One of the richest person in the world if not the richest is mexican (Carlos Slim) and Mexico's social problems and inequality are not the envy of anyone.

Mexico has higher standard of living than both Russia and China. In any case what has this got to do with anything I said? Most companies performs worse during recessions they get poorer not richer. If they had become richer then it wouldn't be a recession in the first place. You see production is the result of consumption, investment, government spending etc. If companies gets richer that means more spending and investment and more production meaning more jobs meaning higher wage. You are simply wrong.

Define standard of living. If you take into account security you do know it is more possible to be murdered in Mexico than in Afghanistan? And I'm not talking about simple companies I'm talking about corporations. Corporations got richer with the crisis, that is a fact, I'm not wrong. http://www.ibtimes.com/articles/29982/20100623/worlds-rich-got-richer-amid-09-recession.htm

There are many things to taken into account in standard of living. People getting killed in Mexico has nothing to do with that guy. Doesn't corporation mean like created by the government or something? You know like communists do. Overall companies became poorer or it wasn't a recession.
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#194 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="LJS9502_basic"]

[QUOTE="kuraimen"] Who's saying otherwise? Did you start with your strawman arguments already?kuraimen

Then the bolded post made no sense.....

Yes it makes sense maybe you are not intellectually capable of making sense out of it without a strawman though.

No straw man. I took exactly what you said. You mention Mexico's social and economic problems and correlated it with the dude being rich. I dare say I'm not the only that saw that. Perhaps you are not intellectually capable of making sense when you post?
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#195 LJS9502_basic
Member since 2003 • 180120 Posts
[QUOTE="surrealnumber5"]

but their enterprise is only retail, but i understand the misuse, i am not trying to derail his argument with syntax, i am just tired of seeing the misuse. there are any number of other arguments that have already been used against his

Engrish_Major
But I believe that we could all agree that when a retailer has the ability to tell the producer how the products are to be produced, that is a bad thing. When this happens, more and more, it is approching a single entity controlling the means of production, which certainly does not benefit people who strive for free market principles.

What are you exactly talking about here? It would help to see what clear example you are using.....
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#196 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="themajormayor"][QUOTE="kuraimen"][QUOTE="themajormayor"] Mexico has higher standard of living than both Russia and China. In any case what has this got to do with anything I said? Most companies performs worse during recessions they get poorer not richer. If they had become richer then it wouldn't be a recession in the first place. You see production is the result of consumption, investment, government spending etc. If companies gets richer that means more spending and investment and more production meaning more jobs meaning higher wage. You are simply wrong.

Define standard of living. If you take into account security you do know it is more possible to be murdered in Mexico than in Afghanistan? And I'm not talking about simple companies I'm talking about corporations. Corporations got richer with the crisis, that is a fact, I'm not wrong. http://www.ibtimes.com/articles/29982/20100623/worlds-rich-got-richer-amid-09-recession.htm

There are many things to taken into account in standard of living. People getting killed in Mexico has nothing to do with that guy. Doesn't corporation mean like created by the government or something? You know like communists do. Overall companies became poorer or it wasn't a recession.

You said that having rich people is better for society, I'm showing you how that is a logical fallacy since Mexico has lots of rich people and their society is far from a role model. Eh and are you're telling me that the recession was not a recession because rich corporations got richer?
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#197 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"]

but their enterprise is only retail, but i understand the misuse, i am not trying to derail his argument with syntax, i am just tired of seeing the misuse. there are any number of other arguments that have already been used against his

Engrish_Major

But I believe that we could all agree that when a retailer has the ability to tell the producer how the products are to be produced, that is a bad thing. When this happens, more and more, it is approching a single entity controlling the means of production, which certainly does not benefit people who strive for free market principles.

post made me think about pizza, and how much i would hate not to have it my way. if there were anything close to a retail monopoly i may take issue, but it is not that way. maybe in 10 years we will have this talk again and i will see an issue but till marx's vision of the merchant class ruling like kings comes in to being, i doubt i will agree to any forceful call to action

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#198 Engrish_Major
Member since 2007 • 17373 Posts

[QUOTE="Engrish_Major"][QUOTE="surrealnumber5"]

but their enterprise is only retail, but i understand the misuse, i am not trying to derail his argument with syntax, i am just tired of seeing the misuse. there are any number of other arguments that have already been used against his

surrealnumber5

But I believe that we could all agree that when a retailer has the ability to tell the producer how the products are to be produced, that is a bad thing. When this happens, more and more, it is approching a single entity controlling the means of production, which certainly does not benefit people who strive for free market principles.

post made me think about pizza, and how much i would hate not to have it my way. if there were anything close to a retail monopoly i may take issue, but it is not that way. maybe in 10 years we will have this talk again and i will see an issue but till marx's vision of the merchant class ruling like kings comes in to being, i doubt i will agree to any forceful call to action

I'm not talking about a retail monopoly. I'm talking about a retail outlet being so big that they can control the pricing and production of their suppliers. They are so large that economically, they have no choice but to bend to WalMart's will if there's a disagreement on something about their product.
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#199 themajormayor
Member since 2011 • 25729 Posts
[QUOTE="kuraimen"][QUOTE="themajormayor"][QUOTE="kuraimen"] Define standard of living. If you take into account security you do know it is more possible to be murdered in Mexico than in Afghanistan? And I'm not talking about simple companies I'm talking about corporations. Corporations got richer with the crisis, that is a fact, I'm not wrong. http://www.ibtimes.com/articles/29982/20100623/worlds-rich-got-richer-amid-09-recession.htm

There are many things to taken into account in standard of living. People getting killed in Mexico has nothing to do with that guy. Doesn't corporation mean like created by the government or something? You know like communists do. Overall companies became poorer or it wasn't a recession.

You said that having rich people is better for society, I'm showing you how that is a logical fallacy since Mexico has lots of rich people and their society is far from a role model. Eh and are you're telling me that the recession was not a recession because rich corporations got richer?

Ok? so what country do you want to use as role model then. Cause I can guarantee you it will have rich people. I never said I want a society with extreme inequality but some economic inequality is needed. The laffer curve is actually an example of this. But overall though companies became poorer. You think it would have been better if all companies got poorer? surely it's better that rich companies got richer than poorer. Since it still increases spending->production->income.
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#200 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="themajormayor"][QUOTE="kuraimen"][QUOTE="themajormayor"] There are many things to taken into account in standard of living. People getting killed in Mexico has nothing to do with that guy. Doesn't corporation mean like created by the government or something? You know like communists do. Overall companies became poorer or it wasn't a recession.

You said that having rich people is better for society, I'm showing you how that is a logical fallacy since Mexico has lots of rich people and their society is far from a role model. Eh and are you're telling me that the recession was not a recession because rich corporations got richer?

Ok? so what country do you want to use as role model then. Cause I can guarantee you it will have rich people. I never said I want a society with extreme inequality but some economic inequality is needed. The laffer curve is actually an example of this. But overall though companies became poorer. You think it would have been better if all companies got poorer? surely it's better that rich companies got richer than poorer. Since it still increases spending->production->income.

I'm not saying I want a completely equal society either. I want things to get smaller, both governments and companies. I think smaller societies are easier to administer themselves and I think that's something good. Put communities closer to their needs and stop all this globalization crap which is what is making everything fall apart. Some capitalist notions mixed with some socialist notions, a balance of sort.