Michael Perelman wrote: > Besides paying low wages to its own workers (and sometimes not even paying > all the wages that it owed), Wal-Mart helped to lower wages elsewhere. For > example, grocery stores have put enormous pressure on their unionized > workers because of competition from Wal-Mart's nonunion operation. > Admittedly, Wal-Mart displaced some small retailers that may have paid lower > wages.
there was an article in HARPER'S a year or so ago about how WalMart pushed -- almost forced -- their suppliers to cut their prices, and thus their wages. Monopsony power. -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
