I just found out that the walmart subsidiary in mexico is called "walmex", believe it or not. I don't know how I missed it before; its almost too good to be true. What is it in japan, "waljap"? What about in Russia? "walruss"? How about ghana: "walghan"? In argentina? "walarge"? In the U.S.A., it must be "walusa". Well, maybe you get the idea. Enough, bob.
walmex is almost as large as walusa, which is doubtless highly beneficial to the mexican economy, such as it is. the paradox of walmart is that it provides a lot of employment and generates a lot of economic activity, while contributing to the great global economic divide by nurturing a very small elite wealthy executive class, while paying the working masses peanuts.
presumably everyone who works at walmex or walusa is free to join facebook; you'd think by now there'd be a labor union, notwithstanding the prohibitions of the master executive class.
wal mart stock hasn't moved much in years; the time to invest was fifty years ago, and its hard to imagine why anyone would buy walmart stock at this late date. on the surface, publicly owned corporations appear to be the very model of inclusive democracy; then we discover that at least eighty percent of all corporate stock shares are owned by no more than one percent of the general population, just like everything else.
there are people far smarter than i, among them sam harris, chris hedges, and gore vidal, who write convincingly that there is no salvation for our modern corporate economy, except destruction and complete restructuring, that our great economic ills, including pervasive poverty and national economic collapse, are inevitable consequences of our current system.
harris, hedges, and vidal should be more widely read; they provide great insight. but maybe they aren't entirely correct in their negative economic and social prognosis. maybe, just maybe, there is hope: hope that someday the global economy will behave sanely, that extreme conditions, such as poverty and all manner of economic excess, will be beaten into plowshares..and things will improve.
somehow, i just don't reckon that boycotting walmart is the best answer...
Bb
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