Goldfrapp er
Experienced
- Joined
- Apr 3, 2002
- Posts
- 36
is Wal Mart really evil?
I heard a discussion on NPR yesterday with some interesting thoughts on Wal Mart and Corporatization. Stats that follow are approximate seeing as I was driving in the car and my memory at time lapses. These are relatively close to accurate I do believe though.
Wal Mart is the world's biggest corporation.
It does 220 billion dollars in sales a year.
It's annual PROFIT is 7 BILLION dollars.
REASONS IT IS EVIL FOLLOW:
Knock out local retailers
Knock down wages
Brow beats it's 65,000 suppliers. Looks into their books to find ways they can make their product cheaper. Among suggestions send production to China and other countries where they can make it at a significantly reduced price.
50% of Wal Mart employees are turned over annually. (to keep wages lower)
38% of Wal Mart employees have health insurance. (and you have to be there for 2 years to qualify for health insurance)
Is Wal Mart just the epidomy of a capitalist corporation, or is Wal Mart EVIL??? Your thoughts?
I heard a discussion on NPR yesterday with some interesting thoughts on Wal Mart and Corporatization. Stats that follow are approximate seeing as I was driving in the car and my memory at time lapses. These are relatively close to accurate I do believe though.
Wal Mart is the world's biggest corporation.
It does 220 billion dollars in sales a year.
It's annual PROFIT is 7 BILLION dollars.
REASONS IT IS EVIL FOLLOW:
Knock out local retailers
Knock down wages
Brow beats it's 65,000 suppliers. Looks into their books to find ways they can make their product cheaper. Among suggestions send production to China and other countries where they can make it at a significantly reduced price.
50% of Wal Mart employees are turned over annually. (to keep wages lower)
38% of Wal Mart employees have health insurance. (and you have to be there for 2 years to qualify for health insurance)
Is Wal Mart just the epidomy of a capitalist corporation, or is Wal Mart EVIL??? Your thoughts?