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Re: Walmart 

By: oldCADuser in FFFT | Recommend this post (3)
Tue, 20 May 14 3:16 AM | 56 view(s)
Boardmark this board | Food For Further Thought
Msg. 63821 of 65535
(This msg. is a reply to 63812 by Zimbler0)

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"Logically, if a company underpays its employees,
its profit margin goes up. Greater profitability
means lesser likelihood of failure."

The dark underbelly of capitalism that no one wants to talk about.

Yea, snd the Right's solution; more 'right to work for less' states, the repealing of child labor laws, abolishment of the minimum wage, etc.

The ghost of Ayn Rand is destroying America.




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The above is a reply to the following message:
Re: Walmart
By: Zimbler0
in FFFT
Tue, 20 May 14 1:48 AM
Msg. 63812 of 65535

keystone> A company based upon underpaying it's employees will by necessity and logic fail.


How so?
Logically, if a company underpays its employees,
its profit margin goes up. Greater profitability
means lesser likelihood of failure.

A more interesting question would be, where is Walmart
finding employees it can underpay?

High unemployment? Folks so desperate for work,
they will work for 'not enough'?

Zim.


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