What consumers don't realize is that, unless these businesses are regulated, they, or their children and grandchildren will be competing for wages and living standards with the poorest of the poor, in countries that have never been concerned with having a decent standard of living for the vast majority of the people. That is the direction unregulated capitalism is taking US, and I do not want to go there.
Just to cherry pick a quote... if consumers don't realize it, why not educate them? As I said, I am not against some regulation. Moderation is the key. I just don't trust the ability of a government to properly regulate anything in the face of an electorate poorly equipped to evaluate the options, and businesses and interest groups very well equipped to influence those making the regulations.
The Best Buy one didn't include the worst offense. They created their own internal (intranet) site that mimicked the public facing website. This was so when you walked in to price match or compare prices, they would pull up the fake website on their computers and fool you.
What consumers don't realize is that, unless these businesses are regulated, they, or their children and grandchildren will be competing for wages and living standards with the poorest of the poor, in countries that have never been concerned with having a decent standard of living for the vast majority of the people. That is the direction unregulated capitalism is taking US, and I do not want to go there.
Just to cherry pick a quote... if consumers don't realize it, why not educate them? As I said, I am not against some regulation. Moderation is the key. I just don't trust the ability of a government to properly regulate anything in the face of an electorate poorly equipped to evaluate the options, and businesses and interest groups very well equipped to influence those making the regulations.
This is exactly what scares the hell out of me. Our Congress used to be dominated by moderates in both parties - pragmatic men and women, who, when push came to shove, would compromise in the best interests of the country. Those days are gone. Business and wealthy individuals are driving the Bus now. When the "media" attempts to educate the public, there's a howl that would deafen and elephant from the right about the "liberal media" "shackling business". WalMart is a predator that is determined to drive the American median wage into the ground, and there isn't anyone in their way. Middle class wages have been stagnant for 30 years, largely due to this wave of de-regulation and trickle-down supply-side economics. The rising tide did not lift all boats, it swamped nearly 2/3's of 'em while lifting 10% to heights not seen before. The banking sector is the best example I can give - and still people just don't get it, because much of the media is still singing the praises and virtues of this Global, De-Regulated Market-Driven trickle-down economy, because the "Media" is just a bunch of corporations, and it's in their economic interests to sing those praises. It scares the hell out of me.
The Best Buy one didn't include the worst offense. They created their own internal (intranet) site that mimicked the public facing website. This was so when you walked in to price match or compare prices, they would pull up the fake website on their computers and fool you.
The Best Buy one didn't include the worst offense. They created their own internal (intranet) site that mimicked the public facing website. This was so when you walked in to price match or compare prices, they would pull up the fake website on their computers and fool you.
The greatest deterrent to bad businesses are educated consumers. Unfortunately we live in a nation of ignorance for the most part who do stupid things and wait for the government to come rescue (protect) them.
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