The closed circle of Wal Mart economics

[nadinbrzezinski]

20. You should and I am serious as a heart attack

go out and get yourself a copy of "The Wealth of Nations." You might be surprised that the father of Capitalism understood that a vibrant economy, in the end, cannot really succeed or thrive under monopoly conditions. He understood this. The bad boy in his day was the East India Company. He also spoke of things like Living wages, the fight in his time was to get rid a current dream of companies, MAXIMUM WAGE LAWS. We need living wages, not minimum wages.

We have a remedy in US Law by the way as far as monopolies are concerned, which was devised by a Republican no less, called Teddy Roosevelt. The last president to use it was James Earl Carter... it is called the Sherman Anti Trust Act. And you know what? IT is high time it is used to break a few monopolies, including Wallamart.