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egbertowillies

(4,058 posts)
Wed Mar 21, 2018, 09:56 PM Mar 2018

30,000+ lost jobs at Toys R Us show why our economy fails most of us (VIDEO)

Many blame lousy management, Amazon and the Internet for the demise of many stores and notably the recent announcement that Toys "R" Us is shuttering. The reality is much more complicated but shows we live in an economic system explicitly designed to allow a very few to use the American worker as pawns to make huge profits.

https://egbertowillies.com/2018/03/21/toys-r-us-economy-fails-most/

9 replies = new reply since forum marked as read
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30,000+ lost jobs at Toys R Us show why our economy fails most of us (VIDEO) (Original Post) egbertowillies Mar 2018 OP
So, does capitalism pay the ads on your blog? X_Digger Mar 2018 #1
One word: Bain dogknob Mar 2018 #2
I have been to Guitar Center many times DFW Mar 2018 #4
is GC any cheaper than Amazon? pstokely Mar 2018 #5
I have no idea. That's not why I go there DFW Mar 2018 #6
Two thoughts...Capitalism unregulated, and the idea that a corporation is the equivalent to an c-rational Mar 2018 #3
Another drive by post to drop a link to your clickbait website? Lee-Lee Mar 2018 #7
Do you find the site more intrusive than CNN who egbertowillies Mar 2018 #8
Turns out the toy category is not a category FarCenter Mar 2018 #9

X_Digger

(18,585 posts)
1. So, does capitalism pay the ads on your blog?
Wed Mar 21, 2018, 10:02 PM
Mar 2018

For someone who regularly derides capitalism, you sure seem to want to monetize your content pretty hard.

dogknob

(2,431 posts)
2. One word: Bain
Wed Mar 21, 2018, 10:02 PM
Mar 2018

Bain Capital sucked Toys 'R' Us dry, then I see a bunch of press blaming millenials for not having enough kids.

Bain Capital is doing the same thing to Guitar Center, along with articles about how GC's business of catering to guitar-playing baby-boomers is outdated -- the popularity of Hip Hop is the reason for GC's imminent demise. If you've ever been in a Guitar Center at any time during the 21st century, you know that that reasoning is bullshit.

DFW

(54,358 posts)
4. I have been to Guitar Center many times
Wed Mar 21, 2018, 10:47 PM
Mar 2018

In DC, in Dallas, even in Charleston, SC.

The place was always humming. and if someone puts THAT chain in danger, I take it as a declaration of war.
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DFW

(54,358 posts)
6. I have no idea. That's not why I go there
Thu Mar 22, 2018, 04:36 AM
Mar 2018

A Guitar Center is for trying out the instruments and/or accessories you want. If an instrument you play feels and sounds right for you, then you buy it, and if not, you don't. If an accessory, like a tone modifier, generates sounds you like with your instrument of preference, or if certain picks feel comfortable in/on your fingers, then you go with them. If an acoustic has fingerboard action you are comfortable with and your playing style doesn't cause buzzing, then that's the instrument for you.

You can't know that from a computer screen image any more that you can taste the food or appreciate the service at a new restaurant from a picture on your laptop.

c-rational

(2,590 posts)
3. Two thoughts...Capitalism unregulated, and the idea that a corporation is the equivalent to an
Wed Mar 21, 2018, 10:40 PM
Mar 2018

individual. Both concepts are false, yet believed. The free market never accounts for all costs, and the second concept is lunacy brought to us by slick legal arguments by slick presenters...See "We the Corporation" by Adam Winkler...How Businesses became People...have not read it but the review piqued my curiosity.

 

Lee-Lee

(6,324 posts)
7. Another drive by post to drop a link to your clickbait website?
Thu Mar 22, 2018, 06:14 AM
Mar 2018

Seriously, you have that site so loaded down with clickbait ads it crashes as often as it loads and makes the whole thing pretty much unusable.

It’s kind of ironic griping about capitalism with a website that is designed to lure people in with drive by links so you can make $$$$ when they come to your page.

egbertowillies

(4,058 posts)
8. Do you find the site more intrusive than CNN who
Thu Mar 22, 2018, 01:24 PM
Mar 2018

plays videos with sound immediately with comparable load times? I am doing a blog post on the average surfers' reaction to independent media with ads vs sites like CNN and others.

 

FarCenter

(19,429 posts)
9. Turns out the toy category is not a category
Thu Mar 22, 2018, 02:20 PM
Mar 2018

You can only be a "category killer" store if there is some competitive moat around the category.

Turns out that Walmart, Target, Marshalls, etc can sell high volume toys in their multi-line retail spaces just as well as Toys r Us.

Low volume specialty toys can be had from on-line businesses like Amazon and others.

So there is no reason for a "category killer" big box toy store.

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