Is Walmart Evil for Paying Low Wages and Trading with China? Maybe so...

Is Walmart evil for paying low wages or because they offer chinese products.

1. Low Wages:

Who earns low wages?  Usually it’s low skilled less productive people.  Typically they're young with few skills and little experience or older people who have become less productive due to the limits placed on them by their age.  People who earn higher wages are typically more productive with more experience.  This is why plumbers, electricians, engineers and doctors never have to worry about earning a minimum wage.  Their goods and services are valued higher in the monetary sense because the demand for their goods and services relative to the supply of their goods and services is higher.  This is determined by consumers.  Employers don’t determine the value consumers place on a good or service.  If employers were the only ones that determined the value of an employee then employers could just value their workers at a million dollars and pay them a hundred thousand dollars per hour.   

It might be better explained by talking about what the consequences of raising the wages of wal mart workers.  

A Call to Virtue - A Call to Freedom

All this talk about politics is dizzying.  The bombardment of propaganda from every angle about subjects of irrelevance is enraging.  Democracy is the most corrupt system of government possible as a means of organizing human society.  You cannot vote on morality.  You cannot vote on what's right and what's wrong.  There is no middle road for virtue and there is no compromise with tyranny.  One cannot order freedom in sizes small, medium, and large.  There is liberty or not.

For those would say, "Freedom will never work.  The world is too corrupt.  That is idealism."  That is precisely why we need freedom.  Liberty and the decentralization of power is the only mechanism which accounts for the fallibility of human nature.  What we have right now doesn't work.  The systems of control we have right now are corrupt.  Freedom is idealism, but unlike the hierarchical structures of power and central planning proposed in the Utopian authoritative forms of government by all the great thinkers and philosophers of the past, it is the only viable and sustainable path for humanity.

Tax the Lucky and Reward the Politicians - A Great Tax Plan for Finishing Off the American Empire

Brad Delong of the NY Times wrote an article in the economics section titled, "Tax luck, not thrift."  He goes on to talk about the fairness of progressive taxation while recognizing current drawbacks about offshore tax shelters and toting the benefits of a substantial social insurance.  You might think that in light of the long list of government failures more skepticism is warranted.  However, Brad enjoys speaking in sophomoric generalities and assumes that services rendered by the state are both positive and desirable.  He also ignores the implications of what he deems as lucky moves in the market.