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View Diary: Walmart is downplaying it, but Black Friday protests were historic (56 comments)

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  •  I think Walmart would close their doors (5+ / 0-)

    before they'd allow unions but the pressure might force them to make changes in an effort to stave off future strikes.

    "The human eye is a wonderful device. With a little effort, it can fail to see even the most glaring injustice." Richard K. Morgan

    by sceptical observer on Mon Nov 26, 2012 at 07:56:37 AM PST

    •  They've certainly done that at one Canadian (3+ / 0-)
      Recommended by:
      sceptical observer, gerrilea, chimpy


      However, it is my understanding that in Europe they have the equivalent of a unionized workforce if it isn't actually "unionized."

    •  Let them close their doors (9+ / 0-)

      and a massive amount of smaller stores (like the ones they ran out of business) will open to fill the void.

      •  However, those smaller... (1+ / 0-)
        Recommended by:
        sceptical observer

        ...stores would charge higher prices and generally offer a narrower selection of products.

        That's why consumers stopped shopping at them in the first place and went to Walmart instead.

        These stores weren't "ran out of business" by Walmart. Consumers decided they valued price over other features, if any, offered by existing small local stores.

        No one is forced to shop at Walmart - esp. when they first open and the small local stores still exist.

        One can argue that consumers don't know what's good for themselves. However that attitude treads a dangerous line because if consumers can't be trusted with economic democracy, can they be trusted with political democracy or should there be some sort of test for both?

        I don't think Walmart will close many stores if their workforce becomes unionized. They will raise their prices, be more selective with hiring (right now, because of their pay and working conditions, they generally don't attract the best employees overall and it shows), reduce labor (expanding self checkout for example), and/or reduce operating hours.

    •  They could close their doors tomorrow, the (4+ / 0-)

      actual owners, the Dukes, have become so wealthy, they could live off the interest on their own individual billions, forever.

      Chart: 6 Walmart Heirs Hold More Wealth Than 42% of Americans Combined

      As Josh Bivens of the Economic Policy Insitute points out, the six Walmart heirs now have more wealth than the bottom 42 percent of Americans combined, up from 30 percent in 2007. Between 2007 and 2010, the collective wealth of the six richest Waltons rose from $73 billion to $90 billion, while the wealth of the average American declined from $126,000 to $77,000 (13 million Americans have negative net worth). Here's a chart of how many average Americans it has taken over time to equal the wealth of the Waltons:
      Does anyone really think they care about those that actually made them so wealthy?

      I know I don't.

      -7.62; -5.95 The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane.~Tesla

      by gerrilea on Mon Nov 26, 2012 at 08:15:54 AM PST

      [ Parent ]

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