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The Looming End of Payless ShoeSource

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Re: The Looming End of Payless ShoeSource

#21

Shoes is one of those things I almost never need to buy, now that I'm an adult and fully grown. Even the very cheapest ones can last me 10 years or more without wearing out. Actually, it's the Nikes that wear out much faster, it seems. PS:(edit) I walk around a decent amount and even go running 6 to 9 miles per week. Even a super cheap pair of running shoes won't show any holes in it for 4+ years at least. The Nike o…

10 years?! Do you ever walk anywhere?

Re: The Looming End of Payless ShoeSource

#22
post #9

The point about both helping create the race to the bottom and also catering to those it leaves behind is, I think, an important and often overlooked one. It's why Walmart is beloved in many of the small southern towns where I grew up. Sure it relentlessly exploited poor people elsewhere, but when you're poor yourself you can't help but be grateful for its low prices. And the belief that finally, finally someone is g…

This sums up well Trump's ascension: there are a lot of people who have real needs and real opinions, and whose votes count as much as someone's in California or New York. An environment where we insist on leaving those voices unheard is what enables someone to have extreme influence.

In many cases California and New York voters count much less than in smaller, more rural states. The senators from Wyoming represent about 300,000 people each. The senators in California represent nearly 19,000,000 each. And the The Permanent Apportionment Act of 1929 capped the number in the House of Representatives. In this case, each California House member represents three times as many people as the House members in Wyoming. That's also one reason in recent presidential elections the electoral college which is based on the number of Senators and House of Representatives (plus 3 from DC) have won the race but lost the popular vote.

Re: The Looming End of Payless ShoeSource

#23

Shoes is one of those things I almost never need to buy, now that I'm an adult and fully grown. Even the very cheapest ones can last me 10 years or more without wearing out. Actually, it's the Nikes that wear out much faster, it seems. PS:(edit) I walk around a decent amount and even go running 6 to 9 miles per week. Even a super cheap pair of running shoes won't show any holes in it for 4+ years at least. The Nike o…

What brand are you wearing?

Re: The Looming End of Payless ShoeSource

#24

The article doesn't mention this, but it looks like this happened after a leveraged buyout by private equity firms in 2012 (similar to other big retail chains like Toys R Us or Sports Authority)

Here's a great video about Payless https://youtu.be/GJ35lCrOYC0

Re: The Looming End of Payless ShoeSource

#25

Shoes is one of those things I almost never need to buy, now that I'm an adult and fully grown. Even the very cheapest ones can last me 10 years or more without wearing out. Actually, it's the Nikes that wear out much faster, it seems. PS:(edit) I walk around a decent amount and even go running 6 to 9 miles per week. Even a super cheap pair of running shoes won't show any holes in it for 4+ years at least. The Nike o…

Damn! I’m pretty much wearing my shoes 4-5 times a week for 2-4 hours a day, and I still go through a pair in about a year... what are you wearing?

Re: The Looming End of Payless ShoeSource

#27

Shoes is one of those things I almost never need to buy, now that I'm an adult and fully grown. Even the very cheapest ones can last me 10 years or more without wearing out. Actually, it's the Nikes that wear out much faster, it seems. PS:(edit) I walk around a decent amount and even go running 6 to 9 miles per week. Even a super cheap pair of running shoes won't show any holes in it for 4+ years at least. The Nike o…

I'm guessing the OP doesn't use their shoes for much more than walking around indoors. On the other hand when I skateboarded to work I'd go through a pair of shoes about every 3 months (that's what happens when your brake is your shoe). It was still cheaper than gas and faster than public transit though.

Re: The Looming End of Payless ShoeSource

#28

Earlier quoted context omitted.

You better own the robots or the land. It’s going to be bad news bears for people who don’t own either.

Rad quote. BUT! Why is land going to be valuable? Robots will not use much land. People will lose salary over time as their skills are automated - which will lead to lower land prices.

> Why is land going to be valuable?

People need to live somewhere.

The reason that cities exist is because people like to be around (certain) other people.

Since teleportation isn't a thing, people need to live within a certain distance of each other in order to have an in person relationship.

This isn't just about work, even in a "post scarcity" society, people will still want to interact with other people, face to face.

Therefore land will always be valuable.

Re: The Looming End of Payless ShoeSource

#30

Earlier quoted context omitted.

Very well said. I grew up in a below-average income family and this is exactly the viewpoint much of my extended family has. Yet they're just considered dumb for voting against their own interests and told they don't know what's good for them. Leftists have an odd way of convincing the very people they're trying to help by making fun of them; it hasn't worked out too well in the last 20 years and I don't expect it wi…

Well to be fair, they are in long-term stakes, wrong since these companies do end up impoverishing them. It's the problem that nobody without a backup and savings can think strategically, which is the paradox and issue with a predatory capitalist system .

Pointing out that people are making mistakes is not a way to win them over. The facts are not really relevant when trying to win someone over.

> predatory capitalist system

They don't like hearing this, either. The concept of hard work getting them ahead is one of the few things blue collar workers hold on to. (It is also not necessarily true as you state.)

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