<<I'm not suggesting Wal-Mart doesn't make a profit, or that the executive or shareholders are poor. But I think you're being a wee bit too unrealistic to think that somehow increased costs for Wal-Mart would merely be absorbed by cutting profits and executive wages and never passed on to the customers.>>
And I'm not suggesting that every last penny of the wage and other expense increases brought in by unionization would come out of profits with zilch being passed down to the consumer. But,
(a) who really gives a shit about the consumer? I mean, the essence of the capitalist system is that vendors and buyers compete in an unfettered marketplace with each trying to get the best deal they can. It's not the place of the worker to ensure the lowest price for the consumer at the expense of his own pay-cheque and it's not the place of the boss to spread the wealth around through low prices any more than the self-interest of either will dictate. And,
(b) there seems to be plenty of revenue and even retained earnings to cushion the blows of unionization. If the people are too fucking dumb to demand the nationalization of the Wal-Mart and other big-box stores and the elimination of the parasitical middlemen and shareholders, then the least they can be asking for is the reduction in the gap between the owners and the workers who create the owners' wealth in the first place.
<<I mean, I know there is this notion that profits made by companies like Wal-Mart are all stored away in boxes in a huge underground Raiders of the Lost Ark style warehouse, but that simply isn't true. But you know that, so there is no reason to bother with explaining it.>>
There was actually no reason to bother making it in the first place, since it has zip to do with this argument.
<<Pointing out that forced higher wages will result in higher prices is neither fascist nor agitprop. It's a reasonable explanation of what generally happens in the real world. Costs go up; prices go up. This ain't rocket science.>>
"Costs go up, profits go down" isn't rocket science either but it's an equally superficial analysis. Fascism is the reaction to socialism in the class war. This was very definitely a union-busting, lying, bullshitting work of agitprop by Penn and Teller, remarkably Hitlerian in its ridicule and coarse invective delivered against the perceived class enemy (organized labour) and in its total disregard for the truth. Or even for simple common sense. And professionally, I congratulate P & T for a job exceptionally well done.
<<On the other hand, your posts look a lot like agitprop of another kind. Let's face facts here. You immediately started using the term "fascist" . . . >>
Damn straight. Why NOT call a spade a spade?
<< . . . and complaining about Wal-Mart's supposedly "obscene profit margins".>>
Just an inspired guess on my part. Wanna challenge by showing me how simply and humbly the owners are living and how little money they've made off this thing?
<< Who is trying to agitate here? >>
Obviously, Penn & Teller. They put a lot more time and money into their bullshit agitprop than I put into critiquing it. I hope you don't think those efforts weren't rewarded by someone. Maybe even Walmart?
<<You are [trying to agitate here.]
Oh for God's sake get a grip. I didn't produce a TV commercial about this, I'm just commenting on it.
<< Who is using the propaganda terminology? You are. >>
Yeah, that's a big mistake on my part. Next time I try to critique a piece of anti-labour, union-busting propaganda, I'll try to remember to use the terminology of cattle breeding or mediaeval embroidery.
<<I'd say all the agitprop was coming from your end.>>
I think you just DID say it. That was YOUR mistake.