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Start Date 2008-06-04 11:41:45 |Comments 1,368 |Entries 818 |Images 2,353 |Videos 58 |Mobl 341 |

Category: economics

06/28/09 03:51 - ID#49108

The high cost of doing biz with Walmart

http://www.fastcompany.com/magazine/77/walmart.html?page=0%2C1


It also is not unheard of for Wal-Mart to demand to examine the private financial records of a supplier, and to insist that its margins are too high and must be cut. And the smaller the supplier, one academic study shows, the greater the likelihood that it will be forced into damaging concessions.



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."



Also has an interesting discussion of Levi's entrance into walmart.

This video discusses similar things from a broader perspective.


What is the Story of Stuff?


From its extraction through sale, use and disposal, all the stuff in our lives affects communities at home and abroad, yet most of this is hidden from view. The Story of Stuff is a 20-minute, fast-paced, fact-filled look at the underside of our production and consumption patterns. The Story of Stuff exposes the connections between a huge number of environmental and social issues, and calls us together to create a more sustainable and just world. It'll teach you something, it'll make you laugh, and it just may change the way you look at all the stuff in your life forever.



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