Monday, February 23, 2004

There are a couple assertions

here that I deny:

Move over, Enron. Wal-Mart is the new punching bag.

In the run-up to elections, America's top employer takes it on the chin for driving US jobs abroad and trampling workers at home. Should it share the blame?

BY Clayton Collins | Staff writer of The Christian Science Monitor

"The same relentless focus on cost-cutting that makes it an outstanding example of managerial innovation may also make it a more unconscionable employer than many others," says Jim Hoopes, professor of business ethics at Babson College, in an e-mail. "Corporate life for low-end workers is a lot harsher everywhere than it was a quarter-century ago," writes Mr. Hoopes, "[but] my impression is that there are few, if any, companies facing an equivalent number of legal actions for ... unfair labor practices," even pro-rated for size.

There was a lot more screaming and yelling from boss to workers back in the seventies. If you objected, you were fired. If you were union, maybe you didn't get fired, but they weren't concerned about such small potatoes b.s. back then either.

"The postwar economy was built around mass consumption - the notion that through broad participation in mass market we could create a more egalitarian America," says Lizabeth Cohen, a historian at Harvard University and author of "A Consumers' Republic: The Politics of Mass Consumption in Postwar America." But in a global economy, that notion no longer holds, says Ms. Cohen.

Is this person on the side of the "little guy?" If so, why don't foreign "little guys" count? What would Jesus say? Look, the more people involved in cooperating to construct beneficial products, the better off everyone is.

This is the opinion of Edwin A. Locke, of Capitalism Magazine:

"No one has a "right" to business success or a "right" to be protected from competitors through government intervention. One only has a right to try to compete through voluntary trade. In a free economy, companies that offer the best value for the dollar win and the losers invest their money elsewhere."

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