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View Diary: This week in the War on Workers: Raising the minimum wage would increase prices by how much? (38 comments)

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  •  I started out simply saying that (0+ / 0-)

    Costco's CEO advocated raising the minimum wage.  You and another poster seemed to think that was some kind of naivety on my part. And then you complain I'm argumentative when I point out I don't really care why they do it, but just that they do.

    That's been largely my point. You could have left it alone a few posts ago, but you insisted on trying to prove to me that they're really ravening wolves - I'm suggesting by their fruits ye shall know them.

    Once again, I don't care if Costco is ruthless, if they meet what I consider are their responsibilities to their employees, customers and community (they have a good environmental record too, from the little I've read, in addition to providing good paying jobs). They have no responsibility to not be ruthless with respect to their competitors, and in fact vis a vis someone like the Walton family, that would be one more plus IMO. I don't plan to marry Jim Sinegal (even though it would be legal in WA) - I just shop at his store.

    They sell Koch Brothers paper products, which I don't buy (Fred Meyer/Kroger is cheaper anyway), and they're responsible for substantially increasing the cost of hard liquor here (which I also don't buy from them). I can get eggs for nearly 30 cents a dozen less from my local grocer, who also treats his employees well, or orange juice cheaper from Safeway, which is UFCW. But on balance, I feel good shopping there both because I save a substantial amount on food, and because I'm more in agreement with the company and its practices than in disagreement.

    It's not like their CEO is as big an asshole as the CEO of Whole Foods, even if he's a ruthless competitor.

    As to my former employer, it was a successful enough business model that I made out nicely on company stock when the company was acquired by a competitor. By then the founder wasn't much involved in the business beyond being a major stockholder (it was a long while after I left - too much travel with a kid at home; my wife, who worked there too, and I have run a similar business from home for 26 years - on a slightly smaller scale), and it was the then current management who negotiated the sale.  People I knew who were still there made out pretty well in employment terms too - there weren't any mass layoffs due to consolidation.

    No matter how cynical you become, it's never enough to keep up - Lily Tomlin

    by badger on Sun Apr 14, 2013 at 02:44:52 PM PDT

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