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Thread: Walmart workers demand better wages

  1. #931
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Harry Guerrilla View Post
    I understand that, but for quite a while, there were the "7 sisters" who had significant control of the oil market.
    Obviously now, things have changed quite a bit.

    That's why I added the "sort of" though.
    The power of the 7 sisters has been greatly diminished now, with trust busting, clamp downs on anti competitive behavior and governments not being complicit with their abuses (like polution).
    It was never a non-competitive market, there was just a bigger pie for those companies. For it to be a cartel situation there would have to be hostile cornering of the market, agreements to shove others out. Really what it boiled down to was the bigger companies were more known.
    Neither side in an argument can find the truth when both make an absolute claim on it.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by apdst View Post
    There's only one oil company in the world?
    Do you know what a cartel is? I'll give you a clue. It's formed by more than 1 entity.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Jerry View Post
    When I worked for Wall-Mart I "only" made $6.50, and my parents would tell me how lucky I was because minimum wage was around $2 when they were my age.

    $10-13 pr/hr is entry level skilled labor. There's no way unskilled labor should be making that.
    I say it depends on what they're doing. In the oilfield an unskilled laborer can easily make 50 g's a year. The business that I'm a member of of, now, has roustabouts/grunts/unskilled laborers that are making 45-50 grand, working 6 months out of the year because they work a 14 day on/14 day off schedual. A majority of these guys are ex-cons/ex-junkies/both, with no high school paper, much less college.

    However, they well earn every nickel and the ones that can't cut the mustard are sent packin'; 2nd chances are frequent, but 3rd chances are nearly non-existant.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by LaMidRighter View Post
    It was never a non-competitive market, there was just a bigger pie for those companies. For it to be a cartel situation there would have to be hostile cornering of the market, agreements to shove others out. Really what it boiled down to was the bigger companies were more known.
    Come on now, standard oil is one of the prime examples of how business and government, working together, creates market cartels and monopolies.
    Even though Standard Oil, wasn't a complete monopoly, they at one time, controlled over 85% of the oil market.

    They used to railroads (a government granted monopoly) to harm competitors.
    It's completely in line, with how unions use noncompetitive behavior to restrict outside labor from competing with them.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Hatuey View Post
    Do you know what a cartel is? I'll give you a clue. It's formed by more than 1 entity.
    I sure do, but obviously...you don't!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Harry Guerrilla View Post
    Come on now, standard oil is one of the prime examples of how business and government, working together, creates market cartels and monopolies.
    Even though Standard Oil, wasn't a complete monopoly, they at one time, controlled over 85% of the oil market.

    They used to railroads (a government granted monopoly) to harm competitors.
    It's completely in line, with how unions use noncompetitive behavior to restrict outside labor from competing with them.
    They weren't squeezing anyone out of the market, it's just they were big enough to control a large portion of it. After government interference my city almost collapsed, it wasn't because Standard was a huge problem but because so many independents got shut down because the big dogs got hurt and couldn't do as much gulf work. apsdt can tell you all about those days.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Walmart workers demand better wages

    Quote Originally Posted by apdst View Post
    I sure do, but obviously...you don't!
    If you know what it means, how do you, in your usual ignorance, gather that my comment means there is only one oil company? Never mind, I said "usual" ignorance. Just one more case when you don't understand what it is you're reading.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Walmart workers demand better wages

    Quote Originally Posted by apdst View Post
    I say it depends on what they're doing. In the oilfield an unskilled laborer can easily make 50 g's a year. The business that I'm a member of of, now, has roustabouts/grunts/unskilled laborers that are making 45-50 grand, working 6 months out of the year because they work a 14 day on/14 day off schedual. A majority of these guys are ex-cons/ex-junkies/both, with no high school paper, much less college.

    However, they well earn every nickel and the ones that can't cut the mustard are sent packin'; 2nd chances are frequent, but 3rd chances are nearly non-existant.
    Absolutely. There are physical demands and known risks and dangers on an oil rig that a Wall-Mart cashier will never face.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by LaMidRighter View Post
    They weren't squeezing anyone out of the market, it's just they were big enough to control a large portion of it. After government interference my city almost collapsed, it wasn't because Standard was a huge problem but because so many independents got shut down because the big dogs got hurt and couldn't do as much gulf work. apsdt can tell you all about those days.
    Standard Oil pressured the railroads, to prevent competitors from building pipelines, through their lands.
    I'm all about free market and free enterprise, but also recognize the failure of government, when it comes to their direct involvement of creating market monopolies.

    Businesses can be bad guys, when it comes to this stuff.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Harry Guerrilla View Post
    Standard Oil pressured the railroads, to prevent competitors from building pipelines, through their lands.
    I'm all about free market and free enterprise, but also recognize the failure of government, when it comes to their direct involvement of creating market monopolies.

    Businesses can be bad guys, when it comes to this stuff.
    Yeah and what did the CEO of Standard Oil do when the railroads started charging him market rates?

    He built a ****in pipeline

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