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OPINIONS
[ Wednesday, July 10, 2002 ]

Letter to the Editor
If dislike corporations, don't buy the coffee

I have a message for Peter Buck. Dude, if you do not like Starbucks, then do not buy its coffee. You have no right to stop Starbucks from doing business here and no right to tell people who prefer Starbucks that they should be buying from locally owned shops.

If locally owned shops cannot compete with larger corporate stores, then that's tough.

That's the nature of business and nobody has a right to interfere with it.

Buck claims that we should "provide the local residents with a better future instead of furthering economic practices that subordinate us to a smaller and smaller ultra-wealthy population."

What about the future of people who prefer to buy from larger corporate stores?The idea of wealth becoming ever more concentrated in fewer and fewer hands is nothing but a Marxist myth that has been refuted by the history of capitalism.

For example, a study by the Federal Reserve Bank of Dallas revealed that 37 percent of the income earners in the highest quintile in 1975 had dropped to a lower quintile by 1991.

Furthermore, 95 percent of the people in the bottom income quintile in 1975 had moved to a higher quintile by 1991.

It's obvious that Buck has no problem furthering economic practices that subordinate us to the dubious principles of Marxism.

Mike Dahlen
Class of 1999
 



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