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| Who's gonna win this one? Guess... |
Main Street: This is not just about Walmart. It's about every aspect of our consumer society. Target, CVS, Walgreen's, Century 21, RE/MAX, Hilton, Wyndham, Marriott, BP, Chevron, Apple, Samsung, Sony, Oracle etc., etc., etc. Big is in, little is out. If you're a mom-n-pop outfit, your days are numbered. If you're an employee of one of these gargantuan, soulless enterprises, don't look forward to much of a life unless somehow we get lucky and the government can step in on wages, which is unlikely at this point.
The few enlightened capitalists -- much like the "enlightened despots" of yesteryear -- such as Bill Gates, Warren Buffet, George Soros, and Costco CEO Craig Jelinek know that it's possible, even vital, to let people lower on the food chain take a larger bite of the apple, if that's not mixing metaphors. To grow a corporation, it might be wise not to destroy one's market.
But that's not what we're seeing in much of today's marketplace. We've got a general momentum going that has mega-corporations rolling over us, holding down wages and raking in huge profits while, thanks to the Supreme Court, spending tons of money to buy the best politicians they can find, who bend the body politic to the will of the moneyed interests.
It's a recipe for turning us into Argentina, and it's pretty depressing.
Note. I'll link to info that supports this view as I find them.
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