[lbo-talk] Wal-Mart opens its third Beijing store

boddi satva lbo.boddi at gmail.com
Sat Dec 10 19:46:45 PST 2005


To me, there's a multi-layered irony here. Just a few of the dynamics:

The Maoist dream of autarchy never approached producing the goods available at a Wal-mart store.

Capitalists first promoted China as a market, but in fact they became a huge supplier.

Americans decried China for its authoritarian centralism, then utilized it for its authoritarian ability to keep wages down.

Wal-mart is the world leader in centralized distribution technology.

boddi



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