DongDaeMun |Walmart's got nothing on this Baby!

It's no wonder there are no Walmarts in Korea when you have things like DongdadaeMun (BigEastGate) which is a shopping district in Seoul.  (if you go to Wally World's site or read news about the topic the spin is that Walmart couldn't capture Asian likes/styles - Pish!)


The truth is, there are markets in every major city in the Republic of Korea that offer better prices every second of every day, albeit without the superfluous and superficial fluff that Walmart throws in at minimum wage (unless of course you're a woman and then it's less ;>)

And the markets here are truly competitive: capitalism at it's best. Take the picture to the right. The foreground diminishes about two blocks away and every partition is a different store with different prices. This is just one building that occupies two city blocks. There are about four like it in the neighborhood offering finished garments. not to mention the half dozen or so three story buildings adjacent that sell yardage and haberdashery.


Best part is, the price tag in these markets is meaningless! (Whoa, can you imagine WallyWorld working like that?) In this (real) market the consumer gets to bid.  Truly refreshing to find actual capitalism, not the chopped up, corporated, neo-Americanisim-post-world-war-two brand Goldman-Fat-Ass-Sachs crap that most of us living in America have come to regard as freedom of choice.


Such a wonder that Walmart and other conglomerates have failed here miserably.