Re:Is developer compensation becoming bimodal?
by wfo on Friday February 09, 2018 @04:35PM
(#16344026)
Walmart's profit primarily comes from abuse of monopoly (which is not efficiency) and from government subsidies (they are the biggest welfare recipients in the world, since their workers require government welfare to survive while working so much for so little).
Their profits come from economic coercion and exploiting public subsidies, not efficiency. Walmart's primary competitive innovation historically was union busting.
Re:Is developer compensation becoming bimodal?
by s73v3r_ on Friday February 09, 2018 @05:17PM
(#16344344)
"However, capitalism (in the form of Walmart and its suppliers, for example) does seem quite efficient at supplying material things to poor people. "
Does it? I don't know if I'd really agree with that.
Re:Is developer compensation becoming bimodal?
by tryptophan on Friday February 09, 2018 @07:01PM
(#16344904)
https://ourworldindata.org/grapher/declining-global-poverty-...
Like it or not, the greedy evil capitalists are making the world a better place for all of us.
However, capitalism (in the form of Walmart and its suppliers, for example) does seem quite efficient at supplying material things to poor people. More spending power in the right places would go pretty far to fix the problem, along with boosting the economy.