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Wal-Mart: The Face of Twenty-First-Century Capitalism

Wal-Mart: The Face of Twenty-First-Century Capitalism

256 стр., издатель: "New Press", ISBN: 1595580212

Culled from an April 2004 conference on Wal-Mart at the University of California, Santa Barbara, these essays can be redundant, but they offer stimulating perspectives on the world's largest corporation. The rise of Wal-Mart, declares editor Lichtenstein (Walter Reuther), has been abetted by a "southernized, deunionized, post - New Deal America," a business culture in which labor costs can be squeezed, even as a company promotes loyalty via "faux classlessness." Several chapters place these phenomena in context: describing how Wal-Mart represents both an extension of and a quantum leap from previous retail giants and how it places unprecedented price pressure on its suppliers. Wal-Mart saves consumers money, the contributors argue, but only by externalizing many social and economic costs, including benefits for its workers. One provocative chapter, based on anonymous worker sources, describes a workplace atmosphere of relentless stress and understaffing. Some interesting tidbits:...
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