Comment 28359

By Grassroots are the way forward (registered) | Posted January 29, 2009 at 23:50:30

You used Walmart as your example. Ok let's examine this, first off, in terms so of Canadians jobs, how much of their product line comes from Canada? How many Canadians companies have been lost by those that practise the "globalization" model that Walmart follows. How are they creating Canadians jobs, if all their product line is coming from outside sources?

Anyways, personally I do not like Walmart, or their labour practises one bit. This corporate entity has caused much grief and is part of the declining ability of the people to earn a living wage, which would in turn enable those have the least to spend back into the local economy, which would create jobs.

Anyways, to make any firm judgement, one would have to see the financial statements, in order to analyze the costs, particularily paying attention to all payroll costs attributed to those at the top vs those at the bottom. It could be that those at the top are paid too much? Maybe their value to a company is way overstated, while those at the bottom are understated.

Are you a practising globalist????

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