Wednesday, November 02, 2005
A sad misunderstanding,
On the radio this morning I heard a man refer to Wal-Mart as a "bomb" that comes into small town America and destroys all the small businesses. That is so far off base it is really not worth mentioning, but I thought it would help me make a point. In order to progress our standard of living the free market throws away anything that doesn't satisfy the consumers. (the consumers are me and you) It does so through competition. If any business isn't fit to compete in the free market, then it isn't fit to advance our standard of living. In that light, it is difficult to see why any thriving business is hated by people who benefit from it.