I’m All for
Exploiting the Developing World – As Long as I get a Cut!
So, I’ve
read a lot about Wal-Mart, and seen the documentaries. I have to say that they are easily my favorite company. Look at their mission
statement: We save people money so they
can live better. That’s a pretty admirable mission
statement. In the PBS documentary Is Wal-Mart Good for America, we learned
how Wal-Mart squeezes manufacturers to the brink of bankruptcy in order to keep
their prices low. Good. That’s how capitalism is supposed to
work. I want all retailers to squeeze manufacturers
to the brink of bankruptcy.
The
other main criticism is that so much manufacturing happens off shore. Well it happened before and it’s going to
continue to happen in the future. The difference
is, with Wal-Mart the savings incurred from that off-shore exploitation are
passed on to me.
Now,
for those of you who think this is short-sighted and heartless, here’s a sad
economic fact: our western lifestyle is
achieved at the expense of the rest of the world. Raising the living standard of other nations
can only come at the expense of our own.
I
think it’s OK to buy an inexpensive loaf of bread from Wal-Mart. Those who don’t can buy it somewhere
else. But please provide people with the
option, and allow the markets to deliver inexpensive food to those who can’t afford
anything else.
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