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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-24-09 07:18 AM
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Wal-Mart Faces Its Day of Reckoning
via AlterNet:



Wal-Mart Faces Its Day of Reckoning

By Frank Nelson, Miller-McCune.com. Posted August 24, 2009.

Wal-Mart's relentless growth and Darwinian competitiveness have created a world that is increasingly inhospitable to its own success.



Since Sam Walton opened the first Wal-Mart in Rogers, Ark., in 1962, the company has grown into a global retailing colossus employing more than 2 million people in almost 8,000 stores worldwide and ringing up annual sales topping $400 billion.

The sheer size and scale of the empire is such that when someone holds up a mirror to Wal-Mart, what we see reflected back are many of today's most potent social, political, economic and cultural issues.

Labor historian Nelson Lichtenstein, a professor at the University of California, Santa Barbara, provides such a mirror in his latest book, The Retail Revolution: How Wal-Mart Created a Brave New World of Business.

He previously edited a collection of essays on Wal-Mart published in 2006 that defined the chain as "the face of 21st century capitalism." He began to focus on the company during the long-running 2003-2004 grocery store strike in Southern California, when three major grocery chains cited fear of Wal-Mart selling groceries for their hard-line stance in negotiations.

As a labor historian, he was a close observer of the dispute and became a regular source for reporters. He even sent his students to interview picketing grocery workers, and in April 2004, he organized a one-day conference on Wal-Mart at the UCSB campus.

"For 20 years I studied the auto industry, the classic industry of the 20th century," he said. "Then it dawned on me that retail, and Wal-Mart in particular, had in some sense taken over that role as the most important and influential industry." ..........(more)

The complete piece is at: http://www.alternet.org/workplace/142143/wal-mart_faces_its_day_of_reckoning/




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Markbooker Donating Member (3 posts) Send PM | Profile | Ignore Mon Aug-24-09 07:32 AM
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1. Wal mart or not, we need to fend for ourselves...
We need to go back to repairing and otherwise improving our lives and houses on our own without outsourcing it to the China men, etc. I found a great handyman site, YourHandymanZone.com, that helps do that: http://yourhandymanzone.com/

It has very simplified, how-to-step articles that has helped me repair my house and vehicle, and I believe others would benefit from it to.

So, to h@ll w/ wallllmart and its outsourcing and the such....
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