Guest Post: A Response To Be Careful What You Wish For

As I indicated in my last post, I have been having problems with readers' comments. I have not been receiving them. I have found a workaround the situation; although I am still not being notified of them, I went into the dashboard and looked under Comments Awaiting Moderation, where I found several. The following is one of them, a response from BM to my post, Be Careful What You Wish For:

Walmart has been pulling off the same manoeuvre for years. Come into an area just outside town to get cheap real estate, ruin local businesses with cheap prices, employ people at minimum wage so that municipalities and state/provincial governments end up effectively having to provide top-ups - and the ruin is complete. Of everybody and everything.

Amazon merely does it on an even lower cost base. Get stupid local governments to bid (can you imagine the utter stupidity of anyone actually "paying" for an Amazom warehouse?), then running a military operation of having people running around filling orders with no breaks for no money. There are many descriptions online of the hell it is, from the UK and US. Gernany has no Walmarts because they insisted on work standards that Sam's boys could not tolerate - don't know about Amazon.

Still your average modern twit sails blindly to their doom blissfully unaware that hailing Uber sends money to California instead of local taxi drivers. Money gaily sent off to a central collection house instead of being spent locally,the only rationale being it's a bit cheaper for you personally upfront. Gradually, all these centralized businesses hollow out local economies. Then you pay for more welfare as taxi firms go bust. Enjoy your cheap ride! Disruptors, these firms call themselves. Spot on.

The whole thing is an extension of the offshoring of jobs to China. Now the offshoring is to send money to some app developer in a place far away who is feted as a business hero.

And so we blindly march to the destruction of our societies apparently saving a loonie at a time, until eventually nobody can afford anything because we all work crap jobs. The rich get incredibly richer and the plebs stand around wondering what hit them.

And people slave to develop apps that will let them hit the hackpot, screw everyone else.

Nobody ever claimed the average dude or dudette wandering down the street glued to their phone actually had reasoning power, after all. They might have a PhD, but they're still terminally stupid, because they simply do not bother to think, and say "hang on a minute!". No, saving a nickel now means they regard themselves as smart.

And Bezos laughs at hundreds of millions of dummies, collects their data as well as money, and becomes a de facto emperor.

I buy local, I use the post office. I would not pay a dime for an Amazon warehouse in land or subsidies. Let the predator pay his own way.

"It Was Very Malicious Of Them To Leave This Town In The Shape It's In" - A Tale Of Walmart's Depredations

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:

Walmart's Shameless Anti-Union Propaganda

This epitomizes why I don't shop at Walmart. A training film was released yesterday showing the shameless propaganda the corporate giant uses to discourage those entertaining the seditious thought of starting a union drive at one of their stores. Originally located on You Tube, the video has been taken down, but another site offers it. Since I cannot embed the video on my blog, you will have to click on this link to view it.

Here are a few of the highlights:

"The thing I remember most about the union is, that they took dues money out of my paycheck before I ever saw it... just like taxes."

"I don't think Walmart associates should have to have someone to speak for them. It's just not that kind of place."

"We also know that most union members shop in our stores and clubs nationwide. I talk to them all the time and I hear them complain about their jobs and their union representatives."

"I'll tell ya, every job has its ups and downs...and a union can't change that.”

"In today's world, your signature means a lot. To be honest, I don't like handing my signature over to anyone... much less to unions who seem to be spending so much time trying to hurt my company."

Walmart's low tactics are something to think about the next time you are tempted by their 'low' prices.

In This Season Of Getting And Spending

... a timely reminder about the practices of the world's biggest retailer:



This article is also worthy of perusal.

But I Save so Much Money Shopping There!

For the true cost of those bargains that we all slavishly delight in (cue Pavlov's dog), you might want to read this article about Walmart workers and watch the video below. As well, a recent post by Dr.Dawg is instructive.

So They Really Do Care After All

This story should lay to rest any of the insidious propaganda about Walmart not caring about its workers.

And Speaking Of Walmart ...

Some days, corporate megaliths just can't catch a break:



P.S. I could only get this video to play in Internet Explorer, not Chrome.

Another Walmart Injustice Story

It might be worthwhile to bear this story in mind the next time we contemplate the 'bargains' at Walmart:


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The Deteriorating Conditions at Walmart

Perhaps the land of low prices and deteriorating conditions could learn something from Costco, which believes in paying its employees a living wage.

Unions Are To Blame For Impeding Consumer Access To Low Prices

At least Fox News believes that is true.

H/t Media Matters

How Does Walmart Keep Their Prices So Low?

Here's a hint:

How Much Is The Lowest Price Guarantee Worth?

Despite years of repeated denials, I think there are few who doubt that Walmart is anti-union. Stories abound of the pressure the giant corporation applies anytime someone within the employee ranks tries to start a move toward union certification, including termination of the troublesome individuals and even store closures.

Because of these strongarm tactics, a group entitled Our Walmart is trying a different approach by pressing Walmart to accept a declaration of workers' rights which, in many ways sounds like a contract. Its worker groups hope to gain at least a measure of bargaining power by joining together to press the company for better wages and treatment.

However, even that has proven unacceptable to a Los Angeles store which recently fired five employees involved in organizing the workers to that end.

And of course, Walmart insists, as they always do, that the terminations had nothing to do with those activities.

Perhaps something to keep in mind in our incessant and often frantic consumer search for 'the lowest price in the land." It does come at a very real cost.

H/t Matthew Elliot

UPDATE: Apparently the anti-worker virus has spread north, this time infecting the Weston family, according to The Huffington Post.

Pension Fund Shuns Walmart

Years ago, when Maple Leaf Foods was demanding deep concessions from its workers in Burlington, Ontario, many teachers tried to get the Ontario Teachers Pension Plan to divest itself from the company. We were unsuccessful, the response being that the Plan had a fiduciary responsibility to its members to maximize earnings, so ethical considerations could not be an influence in investment decisions.

It is good to know that not all pension funds think this way. The €239bn Dutch civil servants and teachers pension fund ABP has announced that it will no longer invest in U.S. retail giant Walmart, arguing that it persists "in behaviour that runs counter to the UN Global Compact's principles in the areas of human rights, labour, anti-corruption and the environment."

One of the reasons for the divestiture is Walmart's well-known anti-union stance, coupled with tactics that punish, usually by dismissal, those who try to unionize a store, and in extreme cases, by store closures:

ABP has excluded Walmart over of its personnel policy, which "violates international directives, particularly with regard to working conditions and the opportunity for employees to unionise."

It's sad that taking a principled stand against corporations that exploit their workers makes the news because such ethical behaviour is the exception, not the rule, in investment decisions.