Tuesday, March 25, 2008
Is it Wal-Mart's Fault?
I'm about 1/3 of the way through The World is Flat. One of the chapters is dedicated to Wal-Mart and their system of uberefficiency in logistics and cutting out wholesalers.
The author acknowldges Wal-Mart's failures in providing adequate benefits and, when he interviewed the CEO, so does Wal-Mart to a certain extent, and supposedly they are trying to improve. Anyway, one of the things that Wal-Mart says it is NOT to blame for is the outsourcing.
Apparently they fought to have things manufactured in the U.S.A. rather than abroad. They figured if the factories were in the U.S.A. the workers would have jobs and more money to spend at Wal-Mart. It was the manufacturers who insisted on outsourcing.
Posted by Civis at 5:56 PM