That our capitalistic system is competitive has good points (like keeping prices low, keeping markets efficient), but without compassion, generosity and fairness it becomes a tool of the wealthy to oppress the poor. The evidence is abundant.
Yes, the government MUST absolutely take an active role in legislating fairness for the powerless, but it really comes down to the individuals to manifest such fairness, and fairness only comes from compassion. And generosity in a business setting must meet the economic standard of recouping the costs of business, but when the business is set about solely maximizing profit for its owners, it has taken its darkest path forward. What that has led to in 2019 are laws crafted by the industries that seek to exploit the Earth and its wage slaves.
Generosity and compassion won’t prevent your customers going to the vendor across the street who will supply what you do for cheaper.
And Walmart’s profits would have provided $3k extra dollars to each employee (not life changing), and with 2.6M employees, that indicates a profit margin so low that they are selling everything they have as cheap as possible. How’s that for compassion and generosity for its customers? Should they give products away for free or pay people to take products from them?
Should they double their employees’ wages and thus raise prices so that their customers go to Target or Amazon and then lose out on revenue, and then how will they pay their doubled wages?
You can’t fight the benefits of technology and efficiencies of scale with people’s charity. You have to make laws that lead to everyone having a better quality of life. Everyone working a maximum # of hours per day/week, everyone having access to education, etc.