The above observation is voiced by a former grocery store owner whose business closed shortly after Walmart moved into her town. But this is not just another story about how the retail behemoth drives out competition through its predatory pricing practices; it is a tale of what happens after it has wrung out all the profits it can and then vamooses from town for the sake of its 'corporate health,' leaving its former patrons with nowhere to shop.
This sad scenario, being played out in 150 small U.S. towns, is a sobering reminder that all too often the term 'corporate responsibility' is but a cruel oxymoron:
"Where people go to shop themselves out of their own jobs." Sam and his spawn must be very proud of themselves for the havoc they've wrought on America and the world.
ReplyDeleteThe sad thing is, Mound, I am sure you are right about their pride, which epitomizes the perfect corporate psychopathic mentality in contemporary capitalism.
DeleteCorporate Responsibility, Lorne? Who are they kidding?
ReplyDeleteTheir capacity for self-deception seems endless, Owen.
DeleteCheap comes at such a high cost.
ReplyDeleteA very, very high cost, Anon.
Delete