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:: Saturday, February 21, 2004 ::
Remaking America In Wal-Mart's Image By Black Commentator
Let’s make it plain: The problem is not that there is too much competition in the retail food business, even of the cutthroat, Wal-Mart kind. Rather, the chains have loaded themselves down with debt to eliminate the previously existing competition, and there are not enough customers with enough income to buy enough goods to pay off creditors and satisfy the ever more ravenous demands of investors at the same time. So they decided to cut labor costs by forcing a strike and lockout of United Food and Commercial Workers (UFCW) members throughout southern California. Wal-Mart provided the excuse to do what comes naturally to the corporate class in George Bush’s America. Wal-Mart is leader of the pack, but they are all wolves.
posted 8:34 AM :: reference link ::
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