jump to navigation

Hypocrisy is the rule, not the exception January 17, 2007

Posted by Sharath Rao in America, economics, rant.
trackback

Ravikanth has this interesting link to the Walmart store – pictures a visitor put up.

Hypocrisy is the rule, not the exception. While I concede the merits of the above situation, there is one thing all those who have a problem with Walmart’s practices can do – just dont go there. You will have your greatest wish come true – Walmart will close down.

Ofcourse other effects include :

Most of the low-class Walmart employees ( over 100,000) would lose their livelihood. Millions other poor Americans who save a few $100 every month ( which is a lot for a family that manages $ 20,000 per year ) because of Walmart’s low prices will be in trouble. Millions in China that exports more to Walmart alone than India exports to the rest of the world, will go homeless and slip back into poverty.

Companies like Walmart are soft targets. Read what Nicholas Kristof from the Times ( who is by no means right of center ) has to say and you know what I mean.

Or listen to this video atleast from time 3.35 to 5.50 seconds.

Or if you think about it still more deeply, get yourself “The End to Poverty” and read up page no. 12. Or use the “search inside the book” facility from Amazon. Use the search term : “New York ladder”

And even more specifically on Walmart here.

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: