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.....
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.....
