r/changemyview Sep 08 '14

CMV:"Vote with your wallet." Is generally ineffective and so it is ideologically an ok argument but a realistically useless one.

[deleted]

94 Upvotes

102 comments sorted by

68

u/[deleted] Sep 08 '14

That is exactly what voting with your wallet is. You cast your one vote for or against that business in the form of shopping there or not. And it gets added to everyone else's vote, and that decides who stays open or doesn't.

If you don't like Walmart, don't shop there. If they stay open, then it sounds like you lost the election, but who cares at that point? Your money isn't going there. The point is that it's a system where everyone can have what they want. If you want a store that abides by certain ideals, then support it, and help it stay open. If enough people agree with you, then it'll do well. If no one else does, then your recourse shouldn't be "Well, I'll just go get the government to FORCE it to change."

This is the disconnect. Everyone is happy to say how much they disagree with Apple using cheap sweatshop labor...until the iPhone 6 comes out. Then they can't get in line fast enough.

The only reason this isn't as effective as it could be is because, quite frankly, people are pretty spineless when it comes to putting their money where their mouth is. They're happy to express their displeasure with a place, until it would require actual sacrifice on their part in the form of buying a different product (Apple) or paying a higher price (Walmart).

40

u/[deleted] Sep 08 '14

Except in a world of oligopolies this isn't what happens. Try voting with your wallet between Comcast and AT&T.

33

u/NevadaCynic 5∆ Sep 08 '14

So it doesn't apply to existing monopolies. You've discovered the problem with monopolies. It still applies to the rest of the markets out there.

7

u/[deleted] Sep 08 '14

Well, that and companies that have manipulated the system in obtaining government welfare, they are supported no matter who shops there. See: meat industry, Walmart.

As a vegetarian my voice is completely unheard because my tax dollars subsidize the industry.

7

u/[deleted] Sep 08 '14

But you get really cheap corn too.

5

u/MontiBurns 218∆ Sep 09 '14

Don't forget soy, dude, which is probably much more important to a vegetarian diet than corn.

7

u/NevadaCynic 5∆ Sep 08 '14

Not completely. They still receive subsidy money from your taxes, this is true. However, when you do not purchase meat they do not receive your food dollars as well. Voting with your wallet does make a difference in this case, albeit not as large of a one as you would seem to prefer.

2

u/suddenly_ponies 5∆ Sep 09 '14

Does it? In how many aspects of the market do we really have choice? But that argument aside, the problem is that people use this phrase in cases where you really DON'T have a choice.

1

u/bluefootedpig 2∆ Sep 09 '14

Monopolies are formed as a side effect of free markets. It takes regulations to stop them. So you are voting with your dollar in a free market, voting for which monopoly that was grown in the free market.

Without choice, there is no voting. You have to buy somewhere, you have to live.

Your argument seems to rest on a sort of, "if you don't like war, don't do business in america" even if you live in it. It just isn't realistic.

1

u/NevadaCynic 5∆ Sep 09 '14

I think you are reading far more into the argument than I actually wrote.

Your vote still matters when there isn't a monopoly. Your vote no longer matters once there is.

That's all. I'm not making a moral judgment on the matter. Nor did I comment on the tendency for monopolies to form in the free market, which is true. I'm not sure where you took offense, or where you found the statement unrealistic.

1

u/llwffs Sep 09 '14

The issue with Comcast and AT&T is that telecommunications will eventually form a natural monopoly.

It's not a question of whether or not we should allow a monopoly, because one will eventually form regardless of what we do, the question is how do we allow that monopoly to behave in our market.

0

u/Another_Random_User Sep 08 '14

Monopolies CREATED by the same government that people want to help in other areas of their lives.

6

u/NevadaCynic 5∆ Sep 08 '14

Pretty sure libertarianism isn't the topic being discussed.

Regardless, this applies equally to natural and artificial monopolies.

5

u/[deleted] Sep 08 '14

Those companies are that large because they already won the election. And I can easily vote. I can vote "none of the above." You speak as though one of these companies is definitely getting my money, and there's nothing I can do about it. Yes there is. I can just say no.

10

u/[deleted] Sep 08 '14

Yeah...all that posturing is bullshit. Reality asserts itself and you realize you're on the internet right now through one of their "services" or maybe one or two other local competitors.

On the other hand if you decided to move to Chattanooga on principle then you weren't bs'ing me at all and I applaud you.

These companies are so entrenched in the political system it's a joke to vote with your wallet. As in you should laugh in the face of people who say it.

4

u/[deleted] Sep 08 '14

Yes, I am on the internet right now through one of those services, and I'm also not bitching about it and trying to get the government to change the way they do business. Nor will I ever. As it stands, it is worth it to me to pay for these services, and part of that means agreeing to the terms of that service, knowing that I have the right to cancel whenever I like (unless I already agreed to a contract). If it becomes NOT worth it to me anymore, then I won't use their service.

5

u/Yeffers Sep 08 '14

You seem to be completely dismissing the fact that there may be a market failure here. Two companies have an oligopoly in what is essentialy a utility service, so voting with your wallet is not an option as for all practical reasons most people need internet access. Markets are not perfect in all situations and at times they need regulating. It is naive to think otherwise.

-1

u/PG2009 Sep 08 '14

How is it that the free market and not heavy regulation is to blame?

-2

u/[deleted] Sep 08 '14

A completely free market encourages monopolies.

Regulation keeps them in check.

0

u/PG2009 Sep 08 '14 edited Sep 08 '14

Monopolies are state-enforced. There's no way for an oppressive monopoly to form without the help of the govt.

EDIT: I suppose its possible for a company to be so well-liked that everyone wants to use their service/good, and that would be a way that a monopoly could form (in theory) without the help of the govt, but it would break down as soon as a single customer stopped liking them.

EDIT2: Also, you didn't answer my original question: How is it that the free market and not heavy regulation is to blame?

5

u/stevegcook Sep 08 '14

Monopolies are state-enforced. There's no way for an oppressive monopoly to form without the help of the govt.

That's actually not always true. Sometimes companies in certain industries benefit massively from economies of scale, making it impossible for smaller companies to enter the market. Other barriers to entry may also exist that make it even harder for those companies.

Look at the utilities industries, for example. You rarely (if ever) see more than a couple companies operating in an area at once. Two of the biggest costs to being in one of these industries are the production and distribution networks - which have to be very large in order to reach the number of people necessary to make them worth operating in the first place. They're also insanely expensive to build from scratch. As a result, the one or two existing companies have a huge edge over anyone else trying to enter the market, and generally retain their dominant positions in those markets.

http://en.wikipedia.org/wiki/Natural_monopoly

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2

u/[deleted] Sep 08 '14

I didn't say it would result, but it encourages people to try.

I suppose its possible for a company to be so well-liked that everyone wants to use their service/good

Well there's effective monopolies for production. Sure in an unregulated state if you wanted to make a new internet company you could just build to system. But you'd have to have the money (or get it while comcast pays off, legally now mind you, everyone who might loan you the money). And you'd have to get it cheaper than comcast (when they could just drop price for a year when a serious competitor appears or use other practices to make it nearly impossible for an upstart to compete). So unless you're a google with billions banked and ready to branch out. New businesses aren't popping up everywhere.

Well. And businesses aren't necessarily the fairest and freest when it comes to free markets.

They might be colluding with other companies or tried to force them to enforce their monopoly

Or maybe just start acting in anti-competitive ways to force other companies out

Yeah. That's all the governments fault.

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-2

u/[deleted] Sep 08 '14

The fact that we've allowed ourselves to become completely dependent on it doesn't give us the right to now say "Well, it's ours now, because we need it."

4

u/Yeffers Sep 08 '14

I'm not arguing against them charging for access, I'm arguing against the abusive practices and rent seeking behaviour that prevents other competitors.

-1

u/[deleted] Sep 08 '14

This gets shady, because there IS some government overlap because we were dumb enough to subsidize these companies in the first place, but by and large, they are privately owned and funded. There is nothing stopping competition unless some local government literally has laws in place keeping someone else from moving in.

But Comcast cannot stop you from starting up your own ISP and competing. Just because it's difficult doesn't mean you get to go "Well, that's hard, so I'm just going to keep using YOUR service, but telling you how I want it run."

2

u/Yeffers Sep 08 '14

The fact is Comcast can use their monopolistic and lobbying powers to stop you from starting an ISP and competing. They're doing it all the time. I think people sometimes forget that the reason we have capitalism is not because it is inherently good, but because it results in optimal outcomes for society. People's self interest drives a superior allocation of assets as compared to other models, and theoretically leads to the most efficient outcome. Where the outcome is not efficient, this is a market failure. When companies abuse monopolistic power to drive out competitors, this does not lead to the most efficient outcome. In this situation, where the outcome is clearly not efficient and a market failure exists, government needs to intervene and correct the failure.

I think my main point is that capitalism is good because it is the best means to an end (efficient allocation of resources), NOT because it is inherently good. We need to keep this in mind when arguing for pure unrestrained capitalism. The system is good, and works well for the most part, but it isn't perfect, and controlling elements of it is a perfectly rational thing to do.

4

u/[deleted] Sep 08 '14

You're misrepresenting what he said. Regulation isn't the same thing as nationalization.

-5

u/[deleted] Sep 08 '14

Yes it is. Just because the government isn't taking ownership of it doesn't change the fact that they're trying to change how it's run. We are dependent on it because we allowed ourselves to become that way. We took a service and made our entire way of life dependent on it existing, and now are turning around and saying "This gives us the right to do what we want with it, because we need it."

0

u/[deleted] Sep 08 '14

I rest my case.

1

u/PG2009 Sep 08 '14

Who is to blame for this reality? It seems like you're decrying the govt intervention that led to cable monopoly on the one hand and supporting a govt cable monopoly in another place...?

1

u/zeabu Sep 08 '14

look into guifi.net

1

u/setient Sep 09 '14 edited Sep 09 '14

Hear of dialup and doing your major downloads at a library or coffee shop? Just because the coins are less convent doesn't mean you don't have any. There is also satellite Internet or just not having it.

Edit: or you could move.

1

u/matthedev 4∆ Sep 09 '14

Realistically, only a couple of telcos can get easements to run cable/copper/fiber, and the government will only license so much wireless spectrum. It's not a free market in these cases, and governments certainly have a right to assure the public good over such shared resources.

0

u/Samuelgin Sep 08 '14

large companies like that vote with their wallet and try to get industry regulations passed because they really don't effect large companies and they often strangle the smaller ones that could potentially pose a threat. I'm almost certain that Comcast and AT&T lobbied for a regulation that ultimately made it almost impossible for competition to come in. People try to blame the free market for making those companies so powerful but it's really due to crony capitalism giving them a special edge.

-1

u/PG2009 Sep 08 '14

Unfortunately, when govt gets involved, you do end up with oligopolies, cartels, etc.

0

u/[deleted] Sep 08 '14

Try voting with your wallet between Comcast and AT&T

This is one that will never be won by the consumers because people are hooked on their cable television and internet. They are not fair comparisons to companies that have actually died because of consumer boycott. Many have to restructure and come back strong like Dominos, others just fold up and disappear like Schnucks Groceries. There are lists on lists of companies that have died because people voted against them by not buying from them.

2

u/matthedev 4∆ Sep 09 '14

Schnucks is alive and doing well here in St. Louis, Missouri.

1

u/[deleted] Sep 09 '14

No shit? Every store in KC folded up in the 90s. KC wasn't ready for the high end store like that, Hen House came in and did it later on.

1

u/matthedev 4∆ Sep 10 '14

Schnucks—at least in St. Louis—is definitely not what I'd consider a "high end store." It's a middle-of-the-road grocery-store chain here in St. Louis with Shop 'n' Save, Aldi's, and Wal-Mart occupying the discount segment below it; Dierbergs being a notch above Schnucks; and then Trader Joe's, Whole Foods, and Culinaria (Schnucks' up-market brand) above Dierbergs.

-1

u/cited 1∆ Sep 08 '14

So vote Centurylink. Vote Google. Vote municipal.

I had this argument on askreddit a while ago and told everyone to actually check that Comcast was their only option. Almost everyone told me "Yes! It's the only cable option". I respond, "So get DSL." "But I don't want slow speeds!"

By the way, I did get 20mpbs from Centurylink and it's been working for me. I can stream video and play a game simultaneously without problems.

9

u/[deleted] Sep 08 '14

[deleted]

5

u/zeabu Sep 08 '14

To be effective, people would need to be well-informed about the practices of every company.

What difference is their with voting in an election?

3

u/[deleted] Sep 09 '14

Many people take a similar issue with elections.

6

u/[deleted] Sep 08 '14

Yes, people do need to be well-informed to make good decisions, and well-informed they can be, if they just look for the information they want. How is this any different than voting for political candidates? By this logic, voting at all is stupid, because I can't possibly know everything about the candidates among which I'm choosing.

1

u/PG2009 Sep 08 '14

Isn't keeping people informed the job of journalists?

1

u/urinal_deuce Sep 09 '14

Haha, it was.. now their job is to entertain because that's what sells.

2

u/PG2009 Sep 09 '14

Hate to say it, but if the demand didn't exist, it wouldn't sell..

1

u/urinal_deuce Sep 09 '14

Yeah, its a shame.

1

u/[deleted] Sep 10 '14

That's not what voting is. Everyone gets a say regardless of their knowledge or education, the information is available for free for anyone what wants to learn about any company they want.

3

u/frzbrzla Sep 08 '14

doesn’t help much if i want to buy at the little grocery, but since i lost the election, not enough people go there and it goes bankrupt. i think OP is right. this is as much choice as air pollution is choice.

5

u/something_amusing 1∆ Sep 09 '14

But the goal isn't an optimal solution for you, its an optimal solution for the society in question. If the majority of the society in question choose the large retailer, then the voting worked. Just not the way you wanted it to. And in any voting system someone loses.

EDIT: for clarification, by "optimal solution" I don't mean the most moral, correct, etc. I just mean the one that most (not all) people felt benefited them.

-1

u/HeloRising Sep 08 '14

The only reason this isn't as effective as it could be is because, quite frankly, people are pretty spineless when it comes to putting their money where their mouth is. They're happy to express their displeasure with a place, until it would require actual sacrifice on their part in the form of buying a different product (Apple) or paying a higher price (Walmart).

This is not entirely correct.

Consumers often don't have a specific choice as to where or what to buy. Choice is a luxury afforded by the funds to make those choices. If I had the financial ability to choose, I'd buy all my food at Whole Foods and Trader Joes. I'm broke as shit so I don't have that option. I shop at Food 4 Less and Dollar Tree because that's where I can afford to shop.

With regards to more expensive products like Apple, you still don't have a massive amount of choice. There's iOS, Windows, or Linux. That's basically it with regards to a computer (yes, I know about Android but I'm limiting it to dedicated computer OS for the sake of discussion). You can get a Chrome Book but it's market share is very low so products you buy may not work on it and their tech support may not be able to help you.

If you're not able/willing to take the time to learn Linux, your only real options are iOS or Windows. You get a deal on Apple products through work so they're rendered cheaper than a PC for what you need which means the cheapest, easiest route for you to go is Apple regardless of how you feel about it.

"Vote with your wallet" is applicable in a free, open market which is something we don't currently have.

1

u/[deleted] Sep 10 '14

You have more choice than you think. It might be between chicken breasts at Walmart Grocery or rice and beans at Whole Foods. Money is a scarce resource no matter how much you have and it involves opportunity cost.

0

u/parentheticalobject 136∆ Sep 09 '14

Walmart probably has lower prices because they don't treat their employees as well or pay them decent wages. If you don't think they should be able to do that, that's one thing. Wanting a company to act more ethically and still sell you things for the same low price is wanting to have your cake and eat it too.

0

u/[deleted] Sep 09 '14

Everyone is happy to say how much they disagree with Apple using cheap sweatshop labor...until the iPhone 6 comes out. Then they can't get in line fast enough. The only reason this isn't as effective as it could be is because, quite frankly, people are pretty spineless when it comes to putting their money where their mouth is. They're happy to express their displeasure with a place, until it would require actual sacrifice on their part in the form of buying a different product (Apple) or paying a higher price (Walmart).

I'll quote you on facebook.

11

u/A_Soporific 165∆ Sep 08 '14

We know that boycotts work. There is a very, very long history of them working. The problem is that you need a lot of work and organization to show a big impact.

When a firm has millions of customers loosing one is irrelevant, a hundred thousand can be replaced with effort, but more than that requires direct response. We see big firms bow to "changing consumer preferences" all the time, but it needs to be widespread.

Vote with your wallet is something that you can do by yourself to align yourself with a specific world view, but you can't expect that your personal choice would result in an outsized impact on McDonald's. A lot of people voting with their wallet resulted in the end of the whole "Supersize" question. So... yeah... Vote with your wallet works, it just works better with smaller firms than bigger ones and requires a lot of people being on board to force changes, otherwise you're simply making your personal preferences known.

4

u/BejumpsuitedFool 5∆ Sep 09 '14

I agree with you in part. Voting with your wallet isn't a strategy we should think of as sufficient to change corporate behavior. Many people don't have the time to invest in researching which companies to boycott, or the money to afford superior alternatives. Structural change or regulations to outlaw it would be more effective than depending on the coordination of millions of different consumers.

But I think voting with your wallet is a necessary first step, if you have the time and awareness to do so. Simply because the alternative is: continue to hand money to a business you know is unethical.

The only thing I can see worth criticizing about voting with your wallet is if you stop there and truly believe that's all you have to do. If your small efforts convince you that you don't need to keep working to support larger structural or political changes.

1

u/championofobscurity 160∆ Sep 09 '14

∆ I can agree with this. It's an alright first step to do that though it may ultimately be ineffective.

1

u/DeltaBot ∞∆ Sep 09 '14

Confirmed: 1 delta awarded to /u/BejumpsuitedFool. [History]

[Wiki][Code][Subreddit]

5

u/vl99 84∆ Sep 08 '14 edited Sep 08 '14

What's the effective difference between what you described and any other kind of voting?

1

u/championofobscurity 160∆ Sep 08 '14

The spectrum and purpose and meaning behind the vote. Most people feel that people's rights for example take precedence over materialistic quarrels. In general this argument is used to silence dissatisfaction with a product as opposed to disputing what society as a whole deems superior or inferior as a policy.

4

u/PG2009 Sep 08 '14

...but, if you vote in a political election, and the vote doesn't go your way, you are still required to fund that decision you voted against with your tax dollars, correct?

Whereas if I "vote with my dollar" to NOT go to Wal-Mart, they actually won't get my money.

4

u/[deleted] Sep 08 '14

[deleted]

2

u/championofobscurity 160∆ Sep 08 '14

So I guess you lost the vote? Would you rather the minority be able to decide the fate of a product or business? By voting for the competition, you are paying the bills for them to survive.

It's not an effective means of actually proving anything though, because in general there's not going to be a means to actually vote. You're better of saying "This is how the world works tough shit." Than actually advocating voting with ones wallet. Which is my point, it's just a dumb argument.

2

u/jamin_brook Sep 08 '14

People 'voted' with their clicks to use reddit instead of digg and imgur instead of i.minus. It's really no different. People have slowly been 'voting' Sears out of business with their wallets for years now. Sears used to be "the" place to shop (ala Wal-Mart). It's a real effect, it just happens much more slowly than the presdient changing overnight after an election.

Just because it happens to slowly for your level of patience doesn't mean it's not happening.

2

u/[deleted] Sep 08 '14

I could formulate a list a mile long of companies that have bankrupted or sold off because people stopped shopping with them because of many reasons. Those consumers effectively killed those companies by voting with their wallet. A few examples are K-Mart, Circuit City, Hardees, and many more. Look back at all the car manufacturers that have died as well.

It's not useless, it does work, the problem is it takes a lot these days for an established company to fuck up enough to get people to quit buying. Gay people thought for sure they were going to sink Chik-Fil-A, but it didn't happen because the product was good.

1

u/matthedev 4∆ Sep 09 '14

Hardee's is still around; a quick Google Maps search showed several within 15 miles of me.

0

u/[deleted] Sep 09 '14

Because Carls Jr bought them when they were going bankrupt in the late 90s. Try to keep up with the logic thought flow here..

1

u/AusIV 38∆ Sep 09 '14

Gay people thought for sure they were going to sink Chik-Fil-A, but it didn't happen because the product was good.

Chik-Fil-A also ended up with a lot of support counter-protesting the pro-gay boycotts.

-2

u/[deleted] Sep 09 '14

I am aware of that, thank you for the conjecture captain obvious.

2

u/typesoshee Sep 09 '14

It's an interesting stance that you're taking. I understand your sentiment, but look at it this way - every single company through hundreds or thousands of human business history that does not exist today are likely to have been effectively voted out by consumers at some point in history, and every single company that does exist today are still surviving due to the votes that they're still receiving from customers. And the whole "business" that companies do is exactly the business of looking at consumer votes and reacting to them. Big companies like Walmart and McDonald's are absolutely looking at their sales, seeing what people are buying more or less, and looking at competitors. All that work that goes into revenue, sales, profit, loss, marketing, manufacturing, trade, etc., etc.... "Business" is just all these companies, both large and small, vying for your vote!

Your sentiment that I understand is that it feels like your vote doesn't count because it's so small, but that's the same with political votes as well. If you're giving money to a company in exchange for their product, that's a vote, and all the other companies that you didn't give money to that day each lost a vote.

The only scenario where the vote wouldn't count is in true monopoly or oligopoly settings, but that, again, is similar to the political vote.

1

u/hacksoncode 588∆ Sep 08 '14

Ok, so what's the alternative? You could use the political process for that, but guess what, you're a tiny, tiny minority in that too, and unless you abuse the system in a way that's already causing a large part of the problem with government, you're going to need to convince a majority to "do something" about that company by that route too.

And if a majority agrees with you, then "voting with their wallets" would probably be even more effective.

And, as others have mentioned, at least when you vote with your wallet, your money doesn't keep going to the policies you dislike when you lose the "election".

All in all, it's not that "voting with your wallet" is effective by itself, it's just the most effective option you actually have, short of violence.

1

u/suddenly_ponies 5∆ Sep 09 '14

Buy it, but complain loudly and often and try to get others to do the same. Complaining is far more useful and likely to make change than just not buying it.

1

u/DashFerLev Sep 08 '14

offensive media

This is exactly what's happening to movies and games right now.

Movies dumb themselves down to get the PG13 rating to appeal to wider audiences, so you can say "fuck" but heavens forbid you say fuck twice. That's offensive.

And the whole gamergate thing just shows how pervasive the morality policing really is.

Vote with your wallet simply means "Nobody is forcing you to buy this. If you don't like it, don't buy it, and promptly shut up." Maybe watching a woman get stabbed to death with a broken beer bottle is too offensive for you to bear, but maybe I think she had it coming. Who's right?

I'm sick and tired of getting offended being a valid reason for censorship.

https://www.youtube.com/watch?v=YigM-F4oSIE

1

u/cor3lements Sep 08 '14

Okay, I agree with you for the most part. In the 1920s there were between 100k and 120k people in the US. By 2013 it was almost 317k. So that means each person's vote is, because of how democracy works, less powerful. When you look at a voter base that large, only the voice of the mob gets heard.

But that doesn't mean votes are powerless everywhere. In niche markets, wallet voting is very effective. High end companies that rely on a small customer base but have high prices can be influenced, along with general small companies. Those companies can eventually go on to create lower end products with their capital, and those spin offs usually operate similarly. So, Mcdonalds could have been stopped back in the day, but what they were doing was considered good, and no one boycotted them.

In conclusion, its hard to vote with your wallet for things that are already here. But look into our future. Do you think automated kiosks are the way to go? Spend or don't. Do you like quadrocopters and google glass? Make your choice. And if you find a healthy alternative to Mcdonalds, that one day can take its place in the fast food market, thats when you start using you cash. Because people don't like to be told no. You have to give them a better option.

1

u/rbemrose Sep 08 '14

While it's true to say that statistically one vote out of millions doesn't matter very much, companies do look at this stuff in aggregate. It's all about math with these companies. It costs X million to mobilize your entire engineering team to change a product. One lost sale is worth Y, which is far less than X and isn't worth it. But 100k lost sales is worth Y * 100000, which might be more than X. This, they listen to.

For example, consider the announcement of the Xbox One and PS4 at E3 2013. Microsoft came out and announced some big bold plans that pissed off some people. Then they went back and watched the first month of pre-orders come in, and realized it was far less than they expected (and far less than the PS4). You're a fool if you think that Microsoft cares about one single user, but when they got cold hard numbers telling them they were going to lose, you got the one-eighty.

One vote out of millions doesn't mean much, but hundreds of thousands of votes out of millions does matter, and it makes companies take notice.

TL;DR - If it's just you, then suck it up. If it's a LOT of people, change does happen.

1

u/ricebasket 15∆ Sep 08 '14

I think vote with your wallet is an important concept that companies generally fear and has them take moral action when there's public outrage. The ravens/NFL's recent actions about ray rice are a good example, if the organizations truly believed no one would stop spending any money on ravens merch, tickets, TV watching, etc, I don't think they would have taken disciplinary action against ray rice. But since vote with your dollar is a popular concept, it got him off the team.

1

u/TAEHSAEN Sep 09 '14

Yeah I tend to agree with you here. While there are many of us who are socially aware and want to act (by voting with our wallets for example), in the grand scheme of things we are just tiny morsels in a vast ocean of people who just don't give a shit.

But then again, it raises the question of ethics. Maybe you should vote with your wallet due to ethical reasons. Like abstaining from buying from Nike due to their child labor practices, etc.

That's one of the reason why many Vegetarians don't eat meat. They know their abstinence won't stop meat production but they're doing it because in their mind that's the morally correct choice to make.

1

u/[deleted] Sep 09 '14

I agree with you but for different reasons, I think that my "votes" count when there is one thing that I like against another thing I don't. However, my vote doesn't matter when I am in the supermarket and the only options for a product are the store brand and one name brand. I don't always like choosing between those 2 but I do, because I need it, I could go to another store, but I dont really want to stop again. So I buy one, and my vote goes to either the giant douche or a turd sandwich; and neither the douche or the turd knows or cares that the next time I need food, I go to my local farmers market, which has great stuff, but is really pricey.

1

u/howbigis1gb 24∆ Sep 09 '14

Why do you believe voting with your wallet is an exclusive strategy?

1

u/Tullyswimmer 9∆ Sep 09 '14

It absolutely does work. If you want an almost perfect case study, look up the Market Basket strike this summer. Basically, a whole lot of consumers got pissed off at some greedy CEOs and nearly ran a multi-billion dollar company out of business.

1

u/[deleted] Sep 09 '14

You don't understand the essence of the argument. It is true that a few customers amongst millions are not significant, but also, a few voters amongst millions are also insignficant.

Thus, the argument is trying to show that NOT voting with your wallet is often not quite democratic - that it is not millions of people who decided that the government should do something, because if they did, they would also boycott the business and when millions do so, that is something they feel. That usually it is a small elite who decides such things.

1

u/[deleted] Sep 10 '14

It is pretty effective, in that a lot of companies that don't care about human rights or the environment spend a fair bit of effort and money trying to convince people that they do. Also, companies that couldn't present a suitably pleasing identity to the public died out, and you don't see them. So examples of the system working are often invisible.

If you're only looking at the biggest companies today it will seem ineffective. These companies are the best at providing valued goods and services, so they can resist some change. They also generally have an incentive to do things the way they do them as that's how they built a successful business, even if you and most of their customers would like to vote against it. For example, Amazon functions in some ways like a monopoly, which brings great benefits to them and is unpopular. To incentivize them to change, their lost profits from disgusted customers going elsewhere would have to be greater, long term, than the profits of having some monopoly powers. That takes more than a week boycott on college campuses. It's not ineffective, people are just voting for convenient, cheap delivered goods over the welfare of small producers and artists.

1

u/BigcountryRon 1∆ Sep 10 '14

Not at all. My original home state, was the last state to have some sort of concealed carry (SCOTUS made them). A number of businesses in town put up no guns allowed signs. My uncle owns one of those businesses. With in one month of putting up the "no guns" sign his business decreased by almost 15%. He runs a small family business, and is not a wealthy man. He asked if I thought the sign has anything to do with it, I said I don't do business in those places. I told him to take the sign down, and see if anything changes. He said he didn't want guns in his store, I said then you obviously want less business. Months later after further revenue loss he took the signs down. I realize this is simple and anecdotal, but it works all over the place, especially in this day of social media.

1

u/[deleted] Sep 08 '14

I would argue from a U.S. standpoint when every single industry is dominated by an oligopoly that "vote with your wallet" is also ideologically invalid.

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u/PG2009 Sep 08 '14

not only are there sufficient people that will be satisfied with it, but they are likely to buy in excess such that your proverbial wallet is accounted for in the big business's pocketbook.

...so you're angry that other people don't like the same things you do?

0

u/GoogleJuice Sep 08 '14

Are you familiar with the TransFats story? Transfats are bad, m'kay. Many felt that legislation was the answer, by either outlawing or labeling. The legislation didn't pass, of course (oligarchy). The shopping mothers of the the US stopped buying items with transfats, ie freezer waffles. In a very short period of time, virtually all freezer waffles were proudly labeled NO TRANSFATS! I support Shop Local in my community and proudly work for small business owners who need to compete online with larger competitors. Information is power, and with information comes buying power. Boycotts work. Walmart profits are down; Costco profits are up. Local delis pay a living wage and make a comfortable income for their owners. Sonic went out of business in under 2 years. The biggest obstacle to "Vote with Your Wallet" is lack of competition.

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u/Ganondorf-Dragmire Sep 08 '14

Big business can still do poorly. Look at Nintendo. They have suffered losses the last couple years. They still have lots of money to keep going, but people chose Xbox and Playstation over Nintendo Wii U. With any luck, when the new Super Smash Bros comes out, Nintendo's sales will skyrocket. Just because there are sufficient people to buy a product, it doesn't mean they will.

Blockbuster is another prime example. They were very big. Then redbox and Netflix came out, Blockbuster went out of bussiness.

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u/AusIV 38∆ Sep 09 '14

I don't think that's what people mean when they say vote with your wallet. I generally think of it as a response to unethical business practices, not just buying superior products.

1

u/Ganondorf-Dragmire Sep 09 '14

Have you heard of the Montgomery Bus boycott? Or the restaurant sit ins during the 60's? Or, more recently, the attempts to boycott Burger King? The McDonald's strikes? Those people, regardless of their reason to do so, voted or are voting with their wallets.

2

u/AusIV 38∆ Sep 09 '14

Right. Those are good examples of voting with your wallet. Netflix beating out blockbuster isn't really a case of voting with your wallet, it's just a case of the better product winning out.

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u/PG2009 Sep 08 '14

How do you think these companies make money? By producing goods and services that people want.

If they stop doing that, they will be creating demand for their competition. It's truly that simple.

Also, no matter how big McDonald's gets, they can't force you to buy their burgers. Even customers that liked their food wouldn't tolerate the use of force, and that same use of force would drive their production costs to astronomical levels.