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Home » Categories » Government » Economic Issues » K-Mart's Example » Reprint Rights » Printer Friendly

Steven Rogers

K-Mart's Example

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Submitted Wednesday, July 01, 2009
Steven Rogers (2,028)
Steven Rogers


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I remember several years ago a big boycott against K-Mart by Christian consumers led by the AFA (The American Family Association). The boycott was because K-mart was one of the leading distributors of pornography through its Waldenbooks bookstores. It was so successful that in 1995, when Floyd Hall was appointed chairman and chief executive officer of K-Mart, he wrote AFA President Donald E. Wildmon a personal letter, saying he had directed K-Mart to get out of the porn business.

This is a great demonstration of how the free market works. If I as an owner of a business, were to completely ignore the wants and needs of my customers I would soon be without any customers. Without customers, you can make no money. This simple economic principle applies to every aspect of business, from the smallest lemonade stand to the largest chain of stores.

This is what keeps customer service up and prices down. If I can get a certain good a little cheaper down the road why then would I spend more to get it? This is what happened to the auto industry. The cost of producing a car in the U.S.A. was driven up. Unions are milking the car companies and the autoworkers dry and no one is doing anything about it. Unions have their place in business but when the companies allow unions to drive up the price of their products to the point that they can no longer compete something must change.

The free market has already taken this into account and put into place a means to solve the problem. Economics 101 states that if a business is failing they must change to meet the demands of the consumer. We the consumers demand reasonable competitive prices. They failed to meet these demands. The result was that we, the consumers, went elsewhere for our supply of automobiles. The auto companies have failed and must change. No intelligent person would invest money into a sinking ship without first fixing the hole. That is exactly what former president Bush did and that is what our current president Barrack Obama continues to do. As I've said many times before, to do the same thing over and over again and expect different results is the definition of insanity. Why would you expect these companies treat our money any better than they did their own? If we want these companies to succeed than we must allow them to solve their problems or get out of the way for a company who will do what is necessary to succeed. This is how our economic crisis must begin to correct itself. Jobs lost to failing business will be created in the void that new companies will always fill. New creative entrepreneurs will find ways to make money and that's what will stimulate our economy!

God Bless America!


Steven is a self proclaimed right wing Christian extremist. He is a former Marine and currently work in the laboratory of a cancer research and treatment facility. He is the father of two little girls and is referred to as genius by his wife (mostly as a sarcastic term of endearment!)



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Comments on this article:


» left by Lorrie Davids (7,521)
Lorrie Davids
(127 days 2 hours ago.)

Reader Rating: 5 out of 5
Steven, that old adage is true: "money talks". Personally, if a company has to use anything sexual to sell their product, I figure the product or company probably isn't good enough to hold their own.

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» left by Anonymous (108 days ago.)
Steven,
 
After you commented on my article, I had to see what you were all about. I agree with you on unions to a degree, they've had too much sway over both private industry and government.
 
I think our disagreement hinges on healthcare being an appropriate commodity to leave to the free market. People's health shouldn't hinge on profit in my opinion, we owe our citizens better than having 47 million uninsured simply so that insurance companies can make billions.
 
Be well!  Missing Link

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» left by Steven Rogers (2,227)
Steven Rogers
(107 days 7 hours ago.)

I think our argument lies in that I believe that insurance is a privilege not a right. I work in health care and we deny no one in dire need of lifesaving treatment due to insurance. If you cannot afford your own health care there are already programs in place. Every city has a free heath clinic for those who need vaccination or checkups. Some are based on your income. If you can afford health care you don't need to tie up the services for those less fortunate.

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