"I'm not sure what to tell you, people who have built organizations that employee thousands of people have contributed more to society than average. If that needs further justification then I'm not even sure how to respond to that."
I hear that often but is it really true? Maybe they just have found a way to funnel money to themselves instead of it going to other businesses. For example has Walmart created anything or did they just take the money that would otherwise have gone to a lot of small businesses? For sure they were very smart but did they make the country better? I am not so sure.
They sold things more cheaply than other businesses could do. That's almost the purest example of benefiting others you can come up with, it's only one step short of literally putting money in their customer's pockets.
In the end they took money out of the pockets of a lot of small bushiness, put a lot of it into their own pockets and also a lot benefited customers. Maybe it's an overall benefit but I don't think it's that clear. It's not like they developed some new technology that opened totally new markets.
What, so the other businesses should be allowed to remain profitable while screwing over their customers on price even after a competitor comes along who can do a better job? Please, this is what markets are all about.
I hear that often but is it really true? Maybe they just have found a way to funnel money to themselves instead of it going to other businesses. For example has Walmart created anything or did they just take the money that would otherwise have gone to a lot of small businesses? For sure they were very smart but did they make the country better? I am not so sure.