{"id":10508,"date":"2013-12-03T18:25:13","date_gmt":"2013-12-03T23:25:13","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/standingonmyhead\/?p=10508"},"modified":"2014-12-27T10:06:32","modified_gmt":"2014-12-27T15:06:32","slug":"the-pope-shops-at-costco","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/standingonmyhead\/2013\/12\/the-pope-shops-at-costco.html","title":{"rendered":"The Pope Shops at CostCo"},"content":{"rendered":"\n<\/head>

\u2026or at least he would if he could\u2013because its a company that treats people right.<\/p>\n

With all the comment on Pope Francis\u2019 comments on economics we do well to remember the Catholic principle of subsidiarity\u2013that the solution is at the lowest level\u2013not the highest. Because he is for the poor and condemns the rich, and because he comments harshly on mega economic institutions does not mean that he is in favor of mega institution solutions.<\/p>\n

The problem is big, and big institutions like governments and banks need to assist with the solution, but the solution is small. Small is beautiful.<\/p>\n

This article<\/a>\u00a0makes the point. The writer winds up by saying that the solutions are with individual companies or government agencies which are driven by individual people who make individual choices which affect thousands and millions of others. He gives the example of working on Thanksgiving or being closed on Thanksgiving.<\/p>\n

The moral failure is a system that makes it so that people must work on holidays in order to survive. [like WalMart]<\/p>\n

To compare to one of its competitors,<\/a> Costco pays its cashiers an average of $15.06\/hour vs Walmart\u2019s $8.51\/hour. That\u2019s about $31,000 per year vs. just under $18,000 per year. Both companies are doing exceedingly well for annual profits. Both are clearly Capitalistic. But Costco functions in a model where the executives don\u2019t need to make eight-hundred times the salary of their cashiers, only fifty times. According to CNN Money<\/a>, Walmart CEO Michael Duke\u2019s compensation is the same as what 796 of his employees combined make in a year, compared to Costco CEO James Sinegal\u2019s 48 employees. Though Walmart is open on Thanksgiving, Costco remains closed. I can\u2019t think of a clearer articulation of the differences between unfettered Capitalism and one with regulation or moral regard for its impact on communities and families. We can choose a Capitalism that serves all of us, or we can celebrate a tyranny this holiday season.<\/p><\/blockquote>\n

Oh, by the way, Jim Sinegal\u2013the founder of Cost Co is a Catholic. Who says religion doesn\u2019t make a difference?<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

\u2026or at least he would if he could\u2013because its a company that treats people right. With all the comment on Pope Francis\u2019 comments on economics we do well to remember the Catholic principle of subsidiarity\u2013that the solution is at the lowest level\u2013not the highest. Because he is for the poor and condemns the rich, and […]<\/p>\n","protected":false},"author":557,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10508","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nThe Pope Shops at CostCo<\/title>\n<meta name=\"description\" content=\"...or at least he would if he could--because its a company that treats people right. 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