EDLP to EDLW

Wal-Mart, A name thatI first heard during my course of Managerial economics, in my engineering days. EDLP, the abbreviated form of ever day low pricing, that was asked to explain in my mid term exam. Although I was aware of the theme, but I kept on thinking that how come is it possible to reduce the price on daily basis? I got D grade in that subject. D grade did not puzzled me as much, as the concept of Every Day low pricing (EDLP)....perhaps I was naive at that time in understanding those inhuman concepts of Advanced economics....

The largest private employer of America, WALMART, has turned so skewed that it has put humanity on the tail of large dragon of "PROFIT". With mere $5.15 an hour, humans are working in those strenuous conditions that any civilian cannot even think of(except victims of nAZI Camp). No medical facility, no pension funds, and above all no lawful claim, are the hidden strategies of Wal-Mart to meet its high profit goals...

Since, 1997 wages are stagnant in US*, input costs are reducing as things are purchased from asylum called china, where humans do not reside (only man turned machines resides). Tariffs have been reduced because of NAFTA, WTO, ASEAN, IMF and now with UN also. Still wages of are same for last six years.

Government is supporting the global ambitions of such business houses, which in turn is promotion to Inhuman working conditions. No legal action ahs been taken against WALMART for last three years though protests have turned into silent marches. A deaf cannot turn eye because he cannot hear the noise fro the rear. This is the situation of American government.

So this strategy is well been established by new initiatives, such as do not provide stools to sit upon to old age workers, specially to those who are having back or leg problems. Simple inkling to leave the job, because Mexican force is ready to work at 1/100th wage and without salary slip, and with written agreement that they will not complain, in return they will be allowed to work in America without harassment by the local police. Promote part time workers, with no legalliabilities, importing lots of goods from china, keeping costs s low tht retailer ca not even think of competing.... and many more "daedly wepons of profit making"

Thesew are nice strategies, to achive its motive of, every day low wages(EDLW)...hail WALMART.....

Wars for Profit !!!

The biggest asset for America in the whole last century has been its one and only"Hollywood", which manifested the American image to the world as the land of heroes, laboratory of Ace scientists(Highest no of noble prizes attest this), playground of ace sports men, and energetic-intellectual, super man kind of race....

But it is Hollywood, a thespian score, nothing more than director's imagination, and after the show all the viewers will have to come out of this pulp-fiction(world coined by US intellectual class to erect the moral of depresses America, in 1930s)...alas, this show was just 5o years in length....

Do not get confused, it was just, the ego trip of US that started in 1950's just after Second World War, when it emerged out as super power, out of cold world war, in polarized world. It was the boon of Second World War that made the US a rich, super powerful from the "age of depression" of 1930's. Millions were dead while one super power was emerging....

Emergence was just beginning, and rest 50 years were, the maintenance of brand "superpower" just like any other corporate houses. and just to maintain that brand, US had to fake missions (NASA, the key player), had to wage wars (Vietnam war, gulf war), had to bolster its deadly weapon, diplomacy (against: Cuba, Israel, Brazil, Iraq, Korea, Germany, China), which was back bone of this country.....

It exploited the poor, supported the perpetrators, Sacked the emerging powers, sidelined the intellectuals, insinuated the separatists, welcomed the rebels, tortured the protestors, created the hoaxes, dump the investigations, imprisoned the naives, armed the terrorists, protected the "gangsters" and kept the show on for next 50 years....

Every time, when there were millions dead in war, US eyed only over profits. The first U.S. income tax law was enacted in 1862 to support the Civil War.During World War II; the modern system for managing federal income taxes was introduced. In 1970's spending were increased on Vietnam war, just to support ailing economy, and same thing was carried out by Ronald Regan from 1980-89, to avoid economic hardships, and then Bush waged war on Iraq in 1990-92, to feed its capitalistic hunger.

So, when China has fiscal surplus of 500 millions, while US is cramped with $2 billion debt. There was no way out for America, to refresh its heroic image, and then we faced "Iraq war"...A mission just to recover its debts by resurrecting a parallel economy in Afghanistan and Iraq, to maintain its primacy.......but on the cost of millions of starving children, thousands of refugees, and in exchange of crumbled humanity.....Hail US, hail "Super power"....Wars for Profit...at last

What is Next - The technology after Mobile Phones...

When I think for a while, the major innovations that made humans aspirations tick, I paused at wheels first, the biggest innovation of our ape-fore-fathers....and if you look around yourself, u Will find something or other revolving, just look around.....

Bulb, was indeed, what we can describe something that illuminated the nights and made this other half of the day equally potent to the humans, other wise we would have lost our half of the lives sleeping....no research, no late night parties, no BPOs, No whirling noise of manufacturing plants during nights....Just think that if u have natural light supply from 6 am-6 pm, then story might be different......

Cars, in short transportation, it vroom the speed of humans, it made them more resourceful, more agile and above that more accessible.......

Phones: Revolution revolves around humans, and humans revolve around interaction. This invention touched this very chord of humans, where they were able to interact without being there, next to the person.....

Computers, the latest "boom" and the back bone of mighty humans. Truly, humans are able to perform some thing unbelievable with this instrument....sending spacecrafts, writing algorithms, Internet, communication...are few out puts of the outlay called "computer"....we have changed the way we think , way we live and way we interact with this ubiquitous...technology.....

Mobiles...have changed and are changing the way we do the rest things of our life, it has penetrated into our lives like spam....incorrigible....and mighty. Banking, entertainment, communications, and interactions are few areas it has already made inroads....but people are still fumbling other venues where mobile ca do miracles such as education, medication, and consultancy......

This is not complete picture of all "Super innovations" ... but product "wise: this is quite a vivid description.....But is this cul-de-sac of the innovations.....

For last 400 years we are using the same basic technology in cars, as that proposed by Rudolph diesel...

What is the next product that would be "tipping point" of business...

Few say it would be bio-technology....and few consider Entertainment as new avatar of the market....

Few have thought that "communication is still to achieve zenith" and few are certain of "alternative fuels" as fuel of the 21st century market....

But I believe, it is something else.....

Just think, and blog me back with your "product" that would be "Tipping point" of business arena.....

My First Hero- Thomas Elva Edison...

Thomas Elva Edison is his name, and he is one of those larger than life personalities who influenced the human race in such a way that at times we are not aware of the fact that we are indebted to this great personality....

While my table lamp bulb throws a steady beam of light on my college note book, to made me focused....

While my "inverted" invariably supply the power without any interruption, my coziness remains cozy....

While I listen " who lets the dog out !!!!' I think of Gramophone.....

While watching the "Movie flick" in theater, i think of invention of "moving pictures".....

and all of a sudden I feels that I am surrounded by the inventions or related works of This one man Thomas Elva Edison.....

We pay tax, or service charge for using any service, assume with "these many consumers" using Bulbs, music systems, Watching movies or Battery....if that have to pay a small fraction of the product back to to the "Edison", He must have surpass Bill Gates (He is also doing the same) by unprecedented margin.....

Thanks, Edison

This is all I can say....