Monday, November 18, 2013

Walmart economy

"Walmart said about 10 of more than six dozen Bangladesh garment factories failed safety checks in audits it commissioned.
The retailer hired Bureau Veritas to check some 200 factories it uses in Bangladesh after the April collapse of the Rana Plaza building killed more than 1,100 people and highlighted often grim conditions in the country's garment industry.
About 75 factories have been audited so far and Walmart said it will release results for other factories as the inspections are completed.
It said factories that failed audits have since made improvements."

Thoughts?

7 comments:

  1. Looking at the Rana Plaza building collapse and the subsequent inaction of the government, it is clear that Bangladesh lacks the worker safety regulations that are present in US. I really hope that these audits result in some improvements.

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  2. Eventually it falls onto the government in these countries to ensure adequate safety measures for the labor as the big corporations would not really place it as their top priority

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  3. Speaking of Wal-Mart...at least one of its stores is holding Thanksgiving charity food drives to feed their OWN employees. Wal-Mart is known for being the worst-paying company in America and this just illustrates that employees are not being paid livable wages.

    http://www.forbes.com/sites/rickungar/2013/11/18/walmart-store-holding-thanksgiving-charity-food-drive-for-its-own-employees/

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  4. That is true at one point the government will need to intervene and walmart should be there making sure that everything is going well in their stores

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  5. Everyone is going overseas because of the low prices to produce....do you guys think something so catastrophic would happen in the U.S.?

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