Posted on 06 June 2012. Tags: Bribery, Corruption, Mexico, Shareholders, The Waltons, Unions, Wal-Mart
This is one reason people do not understand how the economy really works–because transcribers of press releases (formerly known as "journalists") don’t do their jobs. A basic point of journalism is tell the reader, fairly soon, WHY something happened…well, if you read this story, you don’t get there until it’s way too late: Investors […]
Read the full story
Posted in General Interest
Posted on 21 June 2011. Tags: Class Warfare, Discrimination, Greed, Poverty, Supreme Court of the United States, The Audacity of Greed, The Waltons, Unions, Wages, Wal-Mart
Keep our eye on the ball. I’m sure the Waltons are doing a great dance over in Bentonville, Arkansas in light of the U.S. Supreme Court ruling blocking a class-action suit against the companythat, had it been successful, would have likely cost the company billions of dollars in damages. But, let’s be clear: Wal-Mart […]
Read the full story
Posted in General Interest
Posted on 21 January 2011. Tags: China, Discrimination, Globalization, Greed, Labor Rights, michelle obama, Middle Class, Obesity, Poverty, Slave Labor, The Waltons, Wal-Mart, Women's Rights
We have an affliction that really undermines a decent society. It’s a tendency to want to ignore inconvenient facts, either explicitly or because we are encouraged to look quite narrowly and myopically at a problem. Which brings me to Wal-Mart’s new attempt to whitewash its practices, using the First Lady as a prop. We […]
Read the full story
Posted in General Interest