Monday, May 10, 2010

STOP THE ATTACK ON WAL-MART

REF: "Stop the Attack on Wal-Mart" by Tomas E. Woods, Jr.


Yes we know that the Wallyworld has put many small and mom and pop stores out of business, because they sell for less and carry more goods, etc. etc. so hate them and don't trade with them, but stop blaming them because they are so successful.


Stop discriminating, and suing them with nuisance lawsuits, just because they sell a large vareityof goods to a great many people at a price they can afford and will allow you to return items you are not satisfied with-- no questions asked. After all they provide jobs for nearly one million folks--some of which cannot get a job anywhere else.


A lot of women work at Wal-Mart, but not enough of them are in executive positions

according to a class action lawsuit against them. According to Woods, " Walmart has 55,000 management position and 37 % are held by women--not counting department managers."


Anti-discrimination laws and quotas are straight out of the Socialist handbook and toxic to free enterprise.

The only people who benefit from all of this immensely costly and destructive antidiscrimination legislation are the lawyers who grow rich from it and the politicians who use it to court certain preferred groups. The rest of us are made immeasurably poorer by decreased productivity, the gross inefficiencies of the quota system, and the astronomical legal costs involved – to say nothing of the invasions of privacy and atmosphere of suspicion that now pervade the workplace


"Don't let anyone tell you that these suits are actually good for business because they make the employee base more diverse. Shoney's and Denny's, two other companies beloved by regular people, were seriously injured by these suits. They constitute a grave danger to profits and future investment. That is why a growing number of companies have begun to resort to private arbitration agencies, requiring prospective employees to agree to settle discrimination or harassment claims that way rather than in the kangaroo courts of the government, where arbitrariness and ludicrously high settlements terrorize productive businessmen.

In a free society, the right to hire, fire, and promote belongs to the property owner. If he behaves irrationally, he will be swiftly punished in the market by competitors who base their decisions exclusively on merit. Arbitrary hiring and firing has its costs – in bad public relations (which in turn make it more difficult to find prospective employees), in the destruction of workplace morale, and in profits foregone when superior individuals are passed over to satisfy the prejudices of the employer. Such behavior is not free, and when practiced irrationally makes no business sense at all.

This market mechanism is the only form of business regulation, as it were, that respects the just claims of property owners and does not lead to general impoverishment or the corruption of the legal system. The present system of ceaseless litigation, on the other hand, only encourages the proliferation of discrimination hucksters like Jesse Jackson and, now, the insufferable anti-Wal-Mart cabal."

So knock it off, if you don't like them, don't shop there. Many people do and many of their employees are very happy to have a job there.


With Love and Kindness,


THE HATMAN


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