What Is A Greedy Company?

I am one of the people that talked about greedy companies lately. What I mean by greedy companies are ones that don't offer fair compensation to their employees. Let's take Wal-Mart for example. Over the years Wal-Mart has continued to cut annual employee benefits. Yearly bonuses for hourly employees have disappeared. Holiday bonuses said goodbye years ago. Oh wait if you put your name in a hat you might win a $5.00 gift card. Hours have been cut. The average employee only works 30 or less hours a week. But has employment increased? No. The work load on employees continues to increase at a pace never seen before. In Sam Walton's day you had your job, and every job was important. Today employees are expected to perform several tasks. No one is a cashier, a baker, a sale person. They work for Wal-Mart and are expected to do all of those things. The workload has increased and the compensation has dropped. Meanwhile Wal-Mart continues to rake in record profits. They're not alone. Companies all over the U.S. are making record profits, while their employees suffer. That is what is wrong with the economy. The government hands them money and they go "Thank you. I needed a new car for my collection. hmmm but cashing this check will cost me some gas money. Oh well, I'll just take it out of Mickey's pay."

Wal Mart is a greedy company. Their whole business model is to eliminate all competition in their markets, lobby congress for lower tax rates, and have actually told suppliers to move to a communist country to make their products instead of the US. I think that is not only greedy, but UNAMERICAN!!!!! I have more examples if you would like them?

I'm not one to be happy about billboards dotting the landscape of life. I think yes, humans are greedy and it's one of the frailties of human nature. I think folks should research and find out who owns what and boycott and organize boycotts. Use social media! But the trend of class warfare doesn't work well, for one thing, if eventually all of us are equal in class, who will anyone work for? Who will be left to work for? Three guesses and the first two don't count. Isn't government with its armies, etc, far more dangerous than even the huge corporations every one is getting whipped up into a frenzy over? (Yes, I do believe people are being played.)

A greedy Company is one that produces a cheep product, is disrespectful to employees and pays low wages and no benefits. Employees are over worked and under paid while management rakes in hugh profits. IS there such a company. Maybe but they won't be in business long. People will stop buying the product and employees will leave for a better position. In reality to stay in business a company must produce a product or people won't buy it. Nobody is forcing the employees stay with the company, people might feel trapped but they have a choice and can leave. In reality Greedy Companies do not last long.

I'm with you Mickey. As long as businesses are following the law then they should be able to make as much money as they can. That's the way the free market system is supposed to work. It's up to us as individuals to do our due diligence when we decide who to do business with. The problem isn't that businesses are greedy, the problem is that individuals aren't doing their due diligence and researching the companies that they do business with. The free market system is supposed to give consumers choices. So if your bank is hitting you with fees that you don't like, don't complain to the government to do something about it, just switch banks. Find a bank, or credit union that isn't going to hit you with those fees. But people are too lazy to do their homework on banks and businesses, they're too lazy to switch and then wonder why those banks and businesses are milking them for all they can. It's the consumers, not the banks and businesses that are supposed to set the market. If consumers would send a message to the banks and businesses by boycotting the ones that are perceived as greedy and instead do business with the ones that are more reasonable with their prices and fees then the "greedy" businesses would have no choice but to change their business model. But again, people are too lazy to do that and instead want the government to do it for them by passing laws that force businesses to follow a certain model. That's not how the free market system is supposed to work.

It has nothing to do with the amount of profits a company makes. I am all for that. It is how they get their profits. If some one goes to the store and buys something. That's all they want is that one product but the company insists the need a bunch of crap that they do not need or cannot afford, then that to me is greediness. Yes people are ignorant, but ask yourself this would you do that to your best friend because you know he or she is a bit gullible when it comes to buying things? That is the reason there are all these bundle deals and stipulations when you buy electronics. They are making things so complicated so people cannot possible understand everything they are buying. To me that is greediness. That is now why when I buy something, I do not buy anything else other than the product. No extended warranties. No extra sevices. Just give me the damn product and leave me be. J.C. Penny just did a thing where they were just selling their products at a everyday low cost. No bundle deals no extra services no extra warranties. No sales no rebates just a low cost of the product. No scams, or schemes. The report said that people are just so used to getting ripped off that it hurt J.C. penny's sales. You tell me is that greedieness? It is just another form of manipulation that people can't see. They see sale and think they are saving money when all they are doing is paying more for a bunch of stuff they do not need.