Skip to main content

View Diary: "The Real Walmart"?!? Six Big Fibs in Walmart's New Ad Campaign (121 comments)

Comment Preferences

  •  Sam Walton was still alive then. (1+ / 0-)
    Recommended by:

    Any jackass can kick down a barn, but it takes a good carpenter to build one.--Sam Rayburn

    by Ice Blue on Mon Aug 19, 2013 at 10:21:12 AM PDT

    [ Parent ]

    •  Very true Ice. I remember reading his (0+ / 0-)

      autobiography, in which he detailed stories of "associates" who had been made wealthy by their shares in the company.  I think he even had some sort of a profit sharing plan at that time.  I know that he also touted his ability to squeeze his suppliers and out compete his competition which were often small local businesses.

      Many say that these practices are what drove those suppliers overseas and lead to a weakening of our manufacturing base.  I agree in part, but this trend was aided and abetted by politicians who wrote laws and trade agreements that made a bad situation worse.

      I think Mr. Sam is probably rolling over in his grave or would be if he could see what his heirs have done to the company he built and was so proud of.

      •  Not really. (0+ / 0-)

        I've heard and read where other people think the heirs of Sam Walton have made things worse for the company's workers and suppliers, as if he wasn't that bad.  That is not really true, extraordinary greed was there from the time Sam took control, he developed the way the company does business.  The willingness to do what ever it took, that is the difference for Wal-Mart, from taking advantage of the competition with the modern technology of the day, back when and now, to young single mothers working there and having to get food stamps and Medicaid for their children's healthcare at tax payer expense.  What ever it takes, and that includes the imagery of "Made in USA" tag back in the sixties and seventies for some items, which was a joke.  That company has been about pure unadulterated greed to the point that most other companies would not go.  

        I think if he is rolling over, it's because the people are beginning to accept that the company is what it is.    

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site