"Patriotism is a kind of religion; it is the egg from which wars are hatched." ~ Guy de Maupassant
Clothing Retailers Caught Throwing Out Unsold Clothes
Submitted by George Fuste on Fri, 2010-01-08 04:00
If you can't sell it, trash it.
7
Your rating: None Average: 7 (1 vote)
User Login
Search This Site
Recent comments
-
3 days 21 hours ago
-
4 days 10 hours ago
-
5 days 7 hours ago
-
5 days 8 hours ago
-
5 days 9 hours ago
-
5 days 12 hours ago
-
6 days 19 hours ago
-
1 week 20 hours ago
-
1 week 1 day ago
-
1 week 1 day ago
Root Strikers
Supporters
Merchandise
User Map
Latest Tweets
New recommended column on STR: The Voluntary Voice (Book Review #4) http://t.co/6QCn3oykFR
4 days 22 hours ago
New recommended column on STR: Dante’s Divine Comedy and the Divine Origins of the Free Market http://t.co/jW0qF12WRc
1 week 21 hours ago
- 1 of 41
- ››







Reprint Rights
Comments
Why? Its simple really: law of supply and demand. Demand falls (economy sucks), supply goes up, given competition, price must fall. Solution: destroy excess supply, try to match supply to demand, to maintain price. Same way war economically works (for some, basic secondary school math required):
http://www.strike-the-root.com/51/ross/ross1.html
I just love paying taxes. I love a government that threatens me with violence if I don't "volunteer" a portion of my income. I love a system of sales, marketing and "brand dilution" that encourages disposal of perfectly good commodities rather than dropping prices. How much of this disposal practice falls under the "disposal of obsolete inventory" in the Universal Accounting Procedures where the full-book value is deducted from sales? Would any serious company engaged in the very serious business of making a profit care about some "brand dilution" nonsense (come on, IT'S WAL-Mart and H&M here, folks) if it were not an advantage on the bottom line, and hence, the total tax liability? Of COURSE they wouldn't. They'd maximize every sale, every possible margin. So the next time you see someone that needs warm clothes, blame the IRS. Thank you, Stefan Molyneux and Frederic Bastiat for making this one exceptionally easy to diagnose.
Donation wouldn't count as disposal?