[lbo-talk] Wal-Mart

John Thornton jthorn65 at sbcglobal.net
Thu Dec 2 22:02:07 PST 2004



>I don't know how many times I've heard the last few days about Wal-Mart
>playing the role that Ford did back in the 1910s, as the leading US
>corporation. If a giant corporation either made or sold condoms for
>shtupping pigs and did it as impressively as Wal-Mart rakes in the dough,
>it would be on the front cover of The Economist, too.
>
>Jon Johanning // jjohanning at igc.org

Ford paid higher wages than the average at the time. Wal-Mart pays lower wages than average. Other than corporate bigness I don't see any similarities between the two. How is Wal-Mart the new Ford?

John Thornton



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