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2003-11-16

Another brick in the wall

Wal-Mart has also lulled shoppers into ignoring the difference between the price of something and the cost. Its unending focus on price underscores something that Americans are only starting to realize about globalization: Ever-cheaper prices have consequences. Says Steve Dobbins, president of thread maker Carolina Mills: "We want clean air, clear water, good living conditions, the best health care in the world--yet we aren't willing to pay for anything manufactured under those restrictions."
Fast Company — The Wal-Mart You Don't Know
19:45
Comments

It is very interesting though — Walmart forces its suppliers to be efficient and cheap in the same way Microsoft does. I partly disagree with people who blame Walmart for being successful, because a lot of stores and suppliers are incredibly inefficient and downright mean to their employees. They’re not as innocent as they make themselves out to be.

Obviously there is a need to keep parity though, because a monopoly is in no one’s best interest, no matter how benign it is. Microsoft is a lot more benevolent than most companies, but I’m not happy about it getting a monopoly either.

2003-11-30 21:51 | Tayssir John Gabbour

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