Archive for the 'Communism' Category

WALMART FIRST, WORKERS LAST…

Thursday, July 7th, 2016

If you’re going to hang the greater part of your very existence to selling cheap plastic crap from China to Americans then cutting out the cost of shipping by selling cheap plastic crap from China in China makes perfect sense. That has been part of Walmart’s strategy for 20 years. There have been bumps in […]

WALMART NO LONGER LARGEST RETAILER…

Thursday, April 7th, 2016

Walmart is no longer king of the hill in the retailer universe, and the Bentonvile Behemoth didn’t lose that coveted spot to Amazon. No, the new behemoth is China’s Alibaba Group. There is no hint of this at present, but I have to wonder if the retailer famous for importing cheap plastic crap from China […]

WALMART, CARREFOUR, TESCO IN CHINA RACE…

Sunday, August 29th, 2010

The numbers are not all that close, but retailers Walmart, Carrefour and Tesco are in a race to grab as much of the lucrative Chinese retail market. The Communists have stolen a march on the Capitalists, playing catch-up is a race for second place. From China Beverage News: U.S. retailing giant Wal-Mart Stores Inc. signed […]

ON LOW-WAGE CAPITALISM, PART 12…

Monday, July 12th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 12: The bottom line is that Walmart’s low prices are at the expense of the low wages of their 1.2 […]

ON LOW-WAGE CAPITALISM, PART 11…

Sunday, July 11th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 11: Most auto workers know, because they see the prices of the cars they work on and they know how […]

ON LOW-WAGE CAPITALISM, PART 10…

Saturday, July 10th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 10: For example, suppose a worker on a production line producing shoes adds $500 a week in new value to […]

ON LOW-WAGE CAPITALISM, PART 9…

Friday, July 9th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 9: But another way the bosses can get more surplus value, without making the workday longer, is to lower wages. […]

ON LOW-WAGE CAPITALISM, PART 8…

Thursday, July 8th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 8: Of course workers can benefit from lower prices for the necessities of life, but only if their wages do […]

ON LOW-WAGE CAPITALISM, PART 7…

Wednesday, July 7th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 7: On the home front, Walmart tracks every item rung up on every cash register by every cashier. It has […]

ON LOW-WAGE CAPITALISM, PART 6…

Tuesday, July 6th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 6: The cost of Walmart’s low prices is illustrated by the plight of workers at the Western Dresses factory in […]

ON LOW-WAGE CAPITALISM, PART 5…

Monday, July 5th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 5: In 2004, Walmart accounted for 2.3 percent of the U.S. gross national product. It sold 14 percent of the […]

ON LOW-WAGE CAPITALISM, PART 4…

Sunday, July 4th, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 4: The company is fiercely anti-union. In 2000, when eleven butchers at a Walmart in Jackson, Texas, voted to join […]

ON LOW-WAGE CAPITALISM, PART 3…

Saturday, July 3rd, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 3: Wages at Walmart have been variously estimated at anywhere from $8 to $10 per hour It considers a full-time […]

ON LOW-WAGE CAPITALISM, PART 2…

Friday, July 2nd, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” is instructive. Enjoy Part 2: But Walmart not only drives down the wages of its own workers. By using its leverage as the world’s […]

ON LOW-WAGE CAPITALISM, PART 1…

Thursday, July 1st, 2010

Good morning. I’m away on my annual Wildacres Writer’s Retreat atop Pompeii’s Point in North Carolina. I’ve been reading Fred Goldstein’s Low-Wage Capitalism and thought his “Why the bosses need Walmart” instructive. Enjoy Part 1: Not only does Walmart pay low wages, but its low prices allow the entire capitalist class to pay low wages […]