Walmart
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Walmart

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Walmart Walmart Presentation Transcript

  • The Truth About Cameron Tripp
  • Wal-Mart Summary
    • Wal-Mart employs 1.6 million people
    • Saves consumers $20 billion a year
    • Imported $15 billion in goods from China, 11% of the U.S. total
    • 50% of Americans live within 5 miles of a Wal-Mart store and 90% live within 15 miles
  • What is the problem?
    • Wal-Mart has become a monopoly; they put other companies out of business with their “low prices”
    • They have very bad environmental protection policies
    • They outsource labor
    • They draw up false reports for foreign factories
    • They underpay their workers both here and abroad.
    • They pay illegal aliens to mop the floors.
  • Why does it happen?
    • Wal-Mart has become very greedy
    • They care more about profit than safe working conditions
    • They don’t care if local businesses are put out of business.
    • They have adopted a policy similar to mercantilism.
  • Environmental Policy
    • Wal-Mart's environmental policy is extremely lacking both in the U.S. and the rest of the world
    • As of 2005 there are 26,669,679 square feet of empty Wal-Mart buildings in the U.S – these buildings are so large they will most likely never be used again.
    • Wal-Mart stores store chemicals in the parking lots, from which they seep into local water tables. They often refuse to move these chemicals under shelter.
  • Foreign Factories
    • Most of Wal-Mart’s factories are in Latin America or China.
    • Workers must work 7 days a week, but they must tell inspectors that they only work 6 days a week.
    • Workers must pay rent to stay in company apartments, even if they don’t live in them. The money is taken out of their pay each month.
    • Working conditions are extremely hot
    • Each worker is given a fake pay slip to show to the inspector to make it look like they are being paid adequately.
  • Factories (cont.)
    • Workers are told how to lie for the inspection
    • If they lie well they are rewarded, if not they are fired
    • Wages are $3.00 a day
    • Price to assemble a toy: 18 ¢
    • Cost to buy: $14.95
    • Workers in Bangladesh are paid 18¢ an hour
    • Wal-Mart is a perfect example of a business built on sweatshop labor
  • Parking Lot Crime
    • 80% of crime committed at Wal-Mart are committed in the parking lots
    • People are raped, kidnapped, and murdered everyday in Wal-Mart parking lots where there is no security
    • Former Wal-Mart executive said “unfortunately for the customer they really don’t care what happens after you send your money and go out to the parking lot.”
  • What you can do!
    • Support local businesses
    • Refuse to shop at Wal-Mart
    • Get involved in your community and get people educated.
  • Works Cited
    • Useem, Jerry. &quot;Should We Admire Wal-Mart? Some say it's evil. Others insist it's a model of all that's right with America. Who are we to believe?.&quot; CNNMoney.com . 8 Mar 2004. 3 Jun 2009 <http://money.cnn.com/magazines/fortune/fortune_archive/2004/03/08/363689/index.htm>.
    • http://video.google.com/videoplay?docid=-3836296181471292925&hl=en
    • &quot;Wal-Mart: The Poster Child for Corporate Globalization Gone Awry.&quot; Global Exchange . 27 Oct 2007 . 3 Jun 2009 <http://www.globalexchange.org/campaigns/corpaccount/walmart.html>.
    • Anderson, Kerby. &quot;Globalization and the Wal-Mart Effect.&quot; Probe . 3 Jun 2009 <http://www.probe.org/site/c.fdKEIMNsEoG/b.4217805/#text5>.