It seems like everyone wins with capatalism.
Everyone except the guy down the street who was selling candy from his drugstore for years before you came along and undercut him. Your gain is his loss, and when Walmart comes along and opens a super store just outside of town, you will lose as well.[/quote]
Compete accordingly or die. That is a good thing as well! Perhaps the guy selling candy out of his drug store can be more creative or add an additional product line or two. Competition spurs creativity! It drives prices down for consumers as well. All positive!
[quote]You capitalized on the pharmacist’s inability to grow and maintain his market share, and Walmart capitalized on your inability to buy candy from China by the container ship load.
It’s a pretty rare case where someone winning doesn’t also entail someone, somewhere, losing.
When I say “everyone wins” I am talking about the majority of people and entities. Naturally if you cannot compete you lose. Sort of like politics, sports etc. However, in the process of competing many great innovations can take place. Also, many times because of competition the consumer is treated to a better deal when purchasing goods and services. I’m sure you are not suggesting some sort of government control over fair competition. The consumer loses with this scenario.
You seem to be down on Wal-Mart, but you are able to purchase a variety of products from them at a lower rate than prior to Wal-Mart. You are probably too young to remember the days when the corner store gouged the typical consumer. Do you think that was good for the community?
The entrepreneurial spirit that made the USA the greatest nation on the face of the earth demands an open market place. If someone cannot compete with Wal-Marts prices then they need to offer better service, or package their products in a unique way in order to make them more appealing.
There are also plenty of opportunities to sell a product, service or manufacture an item where you are not knocking heads with the largest retailer in the world. However, you have to be creative and forward thinking.
Whiners rarely make it happen!