Reply to The epitome of what’s wrong with America - Wal Mart now worth a TRILLION dollars.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's an example of what makes this a great country.  Give people what they want, do it better than your competitors, and be rewarded for your initiative and hard work.  Not incidentally, provide employment for 2.1M people, for all your suppliers, and pay taxes wherever you operate.

Anyone who fails to see how this is anything but a staggeringly emphatic success story needs to take a break from reading Das Kapital and The Communist Manifesto and instead have a look at The Wealth of Nations and Capitalism and Freedom.  [/quote]

^^ It is a staggering success story that was in part aided by policy choices that did not accrue equally to all competitors.[/quote]

No policies were enacted by any government which favored Wal Mart over competitors.  It was just more visionary, more agile, and better managed.  The results are from being a better business, not from competitors being somehow artificially held back, or Wal Mart being given some kind of preferential tax or other treatment to allow it compete on some fictitiously uneven playing field.  It has been, quite simply, a better business than those it overtook.  [/quote]

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