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 | | PBS Frontline Is Wallmart good for America pt 44 15:40FRONTLINE explores the relationship between U.S. job losses and the American consumer's insatiable desire for bargains in "Is Wal-Mart Good for America?" Through interviews with retail executives, more...product manufacturers, economists, and trade experts, correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.
"Wal-Mart's power and influence are awesome," Smith says. "By figuring out how to exploit two powerful forces that converged in the 1990s -- the rise of information technology and the explosion of the global economy -- Wal-Mart has dramatically changed the balance of power in the world of business. Retailers are now more powerful than manufacturers, and they are forcing the decision to move production offshore."
"Wal-Mart has reversed a hundred-year history that had the retailer dependent on the manufacturer," explains Nelson Lichtenstein, a professor at the University of California Santa Barbara. "Now the retailer is the center, the power, and the manufacturer becomes the serf, the vassal, the underling who has to do the bidding of the retailer. That's a new thing."
To understand the secret of Wal-Mart's success, Smith travels from the company's headquarters in Bentonville, Ark., to their global procurement center in Shenzhen, China, where several hundred employees work to keep the company's import pipeline running smoothly. Of Wal-Mart's 6,000 global suppliers, experts estimate that as many as 80 percent are based in China.
"Wal-Mart has a very close relationship with China," says Duke University Professor Gary Gereffi. "China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture."
When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods. The reality, experts say, is the opposite. China's exports to the U.S. have skyrocketed.
[Update: Since this program first aired in 2004, Wal-Mart's sales have increased 30%, approaching $325 billion for 2006. And the U.S. trade deficit with China has nearly doubled, expected to hit $230 billion in 2006.]
At a salary of only 50 cents an hour or $100 a month, Chinese labor is an unbeatable bargain for international business. And the Chinese government is doing everything it can to be sure the country's infrastructure supports the export business. Ten years ago Shenzhen's main port did not exist. Today it's on the verge of becoming the third busiest port in the world.
Wal-Mart estimates it imports $15 billion of Chinese goods every year and concedes that the figure could be higher -- some estimates range as high as $20 or $30 billion. Company executives are quick to point out they have always scoured the globe for low cost suppliers to benefit the American consumer.
"We do depend on products from around the globe to draw our consumers into the stores," says Ray Bracy, Wal-Mart's vice president for federal and international public affairs. "We feel they need to have the best product, the best value, at the best price we can achieve."
Some experts contend Wal-Mart's "everyday low prices" are causing a clash between the interests of Americans as workers and the desires of Americans as consumers.
"If people were only consumers, buying things at lower prices would be just good. But people also are workers who need to earn a decent standard of living," says economist Larry Mishel of the Economic Policy Institute. "The dynamics that create lower prices at Wal-Mart and other places are also undercutting the ability of many, many workers to earn decent wages and benefi less Tags: pbs wallmart walmart america good job jobs economy shop shopping buy Category: News Views: 592 Comments: 2 Added: Oct 21, 07 By: ConspiracyCentral  | |  |  | | PBS Frontline Is Wallmart good for America pt 34 12:58FRONTLINE explores the relationship between U.S. job losses and the American consumer's insatiable desire for bargains in "Is Wal-Mart Good for America?" Through interviews with retail executives, more...product manufacturers, economists, and trade experts, correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.
"Wal-Mart's power and influence are awesome," Smith says. "By figuring out how to exploit two powerful forces that converged in the 1990s -- the rise of information technology and the explosion of the global economy -- Wal-Mart has dramatically changed the balance of power in the world of business. Retailers are now more powerful than manufacturers, and they are forcing the decision to move production offshore."
"Wal-Mart has reversed a hundred-year history that had the retailer dependent on the manufacturer," explains Nelson Lichtenstein, a professor at the University of California Santa Barbara. "Now the retailer is the center, the power, and the manufacturer becomes the serf, the vassal, the underling who has to do the bidding of the retailer. That's a new thing."
To understand the secret of Wal-Mart's success, Smith travels from the company's headquarters in Bentonville, Ark., to their global procurement center in Shenzhen, China, where several hundred employees work to keep the company's import pipeline running smoothly. Of Wal-Mart's 6,000 global suppliers, experts estimate that as many as 80 percent are based in China.
"Wal-Mart has a very close relationship with China," says Duke University Professor Gary Gereffi. "China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture."
When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods. The reality, experts say, is the opposite. China's exports to the U.S. have skyrocketed.
[Update: Since this program first aired in 2004, Wal-Mart's sales have increased 30%, approaching $325 billion for 2006. And the U.S. trade deficit with China has nearly doubled, expected to hit $230 billion in 2006.]
At a salary of only 50 cents an hour or $100 a month, Chinese labor is an unbeatable bargain for international business. And the Chinese government is doing everything it can to be sure the country's infrastructure supports the export business. Ten years ago Shenzhen's main port did not exist. Today it's on the verge of becoming the third busiest port in the world.
Wal-Mart estimates it imports $15 billion of Chinese goods every year and concedes that the figure could be higher -- some estimates range as high as $20 or $30 billion. Company executives are quick to point out they have always scoured the globe for low cost suppliers to benefit the American consumer.
"We do depend on products from around the globe to draw our consumers into the stores," says Ray Bracy, Wal-Mart's vice president for federal and international public affairs. "We feel they need to have the best product, the best value, at the best price we can achieve."
Some experts contend Wal-Mart's "everyday low prices" are causing a clash between the interests of Americans as workers and the desires of Americans as consumers.
"If people were only consumers, buying things at lower prices would be just good. But people also are workers who need to earn a decent standard of living," says economist Larry Mishel of the Economic Policy Institute. "The dynamics that create lower prices at Wal-Mart and other places are also undercutting the ability of many, many workers to earn decent wages and benefi less Tags: pbs wallmart walmart america good job jobs economy shop shopping buy Category: News Views: 267 Comments: 0 Added: Oct 21, 07 By: ConspiracyCentral  | |  |  | | PBS Frontline Is Wallmart good for America pt 24 13:54FRONTLINE explores the relationship between U.S. job losses and the American consumer's insatiable desire for bargains in "Is Wal-Mart Good for America?" Through interviews with retail executives, more...product manufacturers, economists, and trade experts, correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.
"Wal-Mart's power and influence are awesome," Smith says. "By figuring out how to exploit two powerful forces that converged in the 1990s -- the rise of information technology and the explosion of the global economy -- Wal-Mart has dramatically changed the balance of power in the world of business. Retailers are now more powerful than manufacturers, and they are forcing the decision to move production offshore."
"Wal-Mart has reversed a hundred-year history that had the retailer dependent on the manufacturer," explains Nelson Lichtenstein, a professor at the University of California Santa Barbara. "Now the retailer is the center, the power, and the manufacturer becomes the serf, the vassal, the underling who has to do the bidding of the retailer. That's a new thing."
To understand the secret of Wal-Mart's success, Smith travels from the company's headquarters in Bentonville, Ark., to their global procurement center in Shenzhen, China, where several hundred employees work to keep the company's import pipeline running smoothly. Of Wal-Mart's 6,000 global suppliers, experts estimate that as many as 80 percent are based in China.
"Wal-Mart has a very close relationship with China," says Duke University Professor Gary Gereffi. "China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture."
When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods. The reality, experts say, is the opposite. China's exports to the U.S. have skyrocketed.
[Update: Since this program first aired in 2004, Wal-Mart's sales have increased 30%, approaching $325 billion for 2006. And the U.S. trade deficit with China has nearly doubled, expected to hit $230 billion in 2006.]
At a salary of only 50 cents an hour or $100 a month, Chinese labor is an unbeatable bargain for international business. And the Chinese government is doing everything it can to be sure the country's infrastructure supports the export business. Ten years ago Shenzhen's main port did not exist. Today it's on the verge of becoming the third busiest port in the world.
Wal-Mart estimates it imports $15 billion of Chinese goods every year and concedes that the figure could be higher -- some estimates range as high as $20 or $30 billion. Company executives are quick to point out they have always scoured the globe for low cost suppliers to benefit the American consumer.
"We do depend on products from around the globe to draw our consumers into the stores," says Ray Bracy, Wal-Mart's vice president for federal and international public affairs. "We feel they need to have the best product, the best value, at the best price we can achieve."
Some experts contend Wal-Mart's "everyday low prices" are causing a clash between the interests of Americans as workers and the desires of Americans as consumers.
"If people were only consumers, buying things at lower prices would be just good. But people also are workers who need to earn a decent standard of living," says economist Larry Mishel of the Economic Policy Institute. "The dynamics that create lower prices at Wal-Mart and other places are also undercutting the ability of many, many workers to earn decent wages and benefi less Tags: pbs wallmart walmart america good job jobs economy shop shopping buy Category: News Views: 163 Comments: 0 Added: Oct 20, 07 By: ConspiracyCentral  | |  |  | | WalMart Slashes Prices amp Kills 03:23http://www.thecorporategiftbaskets.com help save small business. Buy as much as you can from small businesses Tags: walmart walmart walmart slashes kills extreme Category: News Views: 189 Comments: 0 Added: Oct 18, 07 By: TheGiftBasketGuru | |  |  | | PBS Frontline Is Wallmart good for America pt 14 12:46FRONTLINE explores the relationship between U.S. job losses and the American consumer's insatiable desire for bargains in "Is Wal-Mart Good for America?" Through interviews with retail executives, more...product manufacturers, economists, and trade experts, correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.
"Wal-Mart's power and influence are awesome," Smith says. "By figuring out how to exploit two powerful forces that converged in the 1990s -- the rise of information technology and the explosion of the global economy -- Wal-Mart has dramatically changed the balance of power in the world of business. Retailers are now more powerful than manufacturers, and they are forcing the decision to move production offshore."
"Wal-Mart has reversed a hundred-year history that had the retailer dependent on the manufacturer," explains Nelson Lichtenstein, a professor at the University of California Santa Barbara. "Now the retailer is the center, the power, and the manufacturer becomes the serf, the vassal, the underling who has to do the bidding of the retailer. That's a new thing."
To understand the secret of Wal-Mart's success, Smith travels from the company's headquarters in Bentonville, Ark., to their global procurement center in Shenzhen, China, where several hundred employees work to keep the company's import pipeline running smoothly. Of Wal-Mart's 6,000 global suppliers, experts estimate that as many as 80 percent are based in China.
"Wal-Mart has a very close relationship with China," says Duke University Professor Gary Gereffi. "China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture."
When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods. The reality, experts say, is the opposite. China's exports to the U.S. have skyrocketed.
[Update: Since this program first aired in 2004, Wal-Mart's sales have increased 30%, approaching $325 billion for 2006. And the U.S. trade deficit with China has nearly doubled, expected to hit $230 billion in 2006.]
At a salary of only 50 cents an hour or $100 a month, Chinese labor is an unbeatable bargain for international business. And the Chinese government is doing everything it can to be sure the country's infrastructure supports the export business. Ten years ago Shenzhen's main port did not exist. Today it's on the verge of becoming the third busiest port in the world.
Wal-Mart estimates it imports $15 billion of Chinese goods every year and concedes that the figure could be higher -- some estimates range as high as $20 or $30 billion. Company executives are quick to point out they have always scoured the globe for low cost suppliers to benefit the American consumer.
"We do depend on products from around the globe to draw our consumers into the stores," says Ray Bracy, Wal-Mart's vice president for federal and international public affairs. "We feel they need to have the best product, the best value, at the best price we can achieve."
Some experts contend Wal-Mart's "everyday low prices" are causing a clash between the interests of Americans as workers and the desires of Americans as consumers.
"If people were only consumers, buying things at lower prices would be just good. But people also are workers who need to earn a decent standard of living," says economist Larry Mishel of the Economic Policy Institute. "The dynamics that create lower prices at Wal-Mart and other places are also undercutting the ability of many, many workers to earn decent wages and benefi less Tags: pbs wallmart walmart america good job jobs economy shop shopping buy Category: News Views: 407 Comments: 2 Added: Oct 17, 07 By: ConspiracyCentral  | |  |  | | A Conversation With Creedgaming 3 of 5 09:56Creedgaming and I talk about the Iraq war, religious fundamentalists, Walmart, China AirAmericaRadio, Thom Hartman, and the war on the middle class. Part three of five. Tags: creedgaming neocon walmart airamericaradio thom hartman fundamentalists religious corporations cortmeister Category: Video Blogs Views: 8 Comments: 0 Added: Oct 7, 07 By: cortmeister | |  |  | | Brent Keith Looking For A Road Theme From Dale” 04:03Dale assets, video. Country artist Brent Keith sings “Looking For A Road,” the theme song from the feature film, Dale. The video, set on NASCAR’s racing track, is of great quality, and the song is of more...hope and perseverance. The film itself is the story of the life and death of NASCAR’s great Dale Earnhardt, the man who redefined the modern-era NASCAR driver. “Looking For A Road” is off the film’s soundtrack, now on sale exclusively at Walmart. For more, please visit http://www.cmt.com/movies/dale/. From Wiredset Digital Agency. less Tags: cmt dale earnhardt nascar brent keith racing driver racecar track country walmart music television life death inspiration great modern redefined Category: Music Views: 93 Comments: 0 Added: Sep 13, 07 By: wiredset | |  |  | | Baby Got Back at WalMart 00:42This guy completes the holy grail of Wal-Mart pranks... singing on the intercom. Tags: walmart prank baby got back comedy funny Category: Comedy Views: 358 Comments: 0 Added: Aug 28, 07 By: brideofvoldemort | |  |  | | I Like Big Butts! 02:56Baby Got Back In Walmart Tags: baby back walmart personally id think whole wallmart shopping experience better guy singing speakers movies Category: Comedy Views: 117 Comments: 0 Added: Aug 27, 07 By: johnny  | |  |  | | Amazing MSNBC Twit China is our Best Friend 00:29OUTRAGEOUS! Erin Burnett (CNBC)With Chris Matthews on HARDBALL states why China is our best friend for making unsafe toys with lead and poisonous foods for us to buy cheaply at Walmart!' They are the biggest more...exporter of human organs, they kill political dissidents, they are THE model of the NWO police state, they have mobile execution vans, they censor everything their people can see on the internet, they exploit their own people, enslave them to supply the worlds greed for cheap goods, yes Erin, THEY are OUR best friend! less Tags: china toys lead paint cnbc nbc hardball walmart poison. Category: News Views: 1,003 Comments: 8 Added: Aug 17, 07 By: ConspiracyCentral  | |  |  | | Wal Mart Pools Werent Made For Fatties 01:13That's one way to irrigate your yard... Tags: walmart pool water fat comedy drained funny Category: Comedy Views: 4,289 Comments: 2 Added: Aug 13, 07 By: brideofvoldemort | |  |  | | Double Dewey returns 06:35Double Dewey talks about his trip to Wal-Mart. This is funny Tags: doubledewey double dewey playstation portable phantom409 wal mart walmart grand theft auto vice city stories Category: Comedy Views: 124 Comments: 0 Added: Aug 13, 07 By: phantom409  | |  |  | | How Much Do You Spend On Food? 01:35How Much Do You Spend On Food?? per month?? per week?? Tags: foodshopping stop and shop walmart stopandshop ap foodnetworks buying food online Category: Video Blogs Views: 10 Comments: 0 Added: Jul 22, 07 By: jdplvy07  | |  |  | | Small Mart 07:22Come see the worlds smallest Wally World. See Booger and Goober try to find items in the worlds smallest Wal Mart while running on less than 8 hours sleep in 4 days. They pack the meat in ice and coolers more...and head home. less Tags: wal mart wal mart aa11 walmart wally world small mart smallest wal mart missouri louisianna louisianna missouri deer hunting bkg bkg. Category: Travel & Places Views: 580 Comments: 4 Added: Jul 17, 07 By: TheRedneckMafia  | |  |  | | Slavery You think that you are free? 06:19Most people think of slavery as something humans force upon each other, something based on chains, cages and such things. Many are not even aware that there are many different kinds of slavery and that more...most of them are not based on what humans do to others but our weakness of mind.
Slavery (Essay) http://metadave.wordpress.com/2007/07/12/slavery/
Socrates on what prompts the change from champion of the people to tyrant (Video) http://metadave.wordpress.com/2008/02/14/socrates-on-what-prompts-the-change-from-champion-of-the-people-to-tyrant-video/
Socrates on Perception and the Imprisonment of the Soul (Video) http://metadave.wordpress.com/2007/12/06/socrates-on-perception-and-the-imprisonment-of-the-soul-video/
Plato - The Cave (video) http://metadave.wordpress.com/2007/06/03/plato-the-cave/
Plato on Political Systems (Videos) http://metadave.wordpress.com/2007/12/14/plato-on-politic-systems-videos/
Preview of the Natural Politic Order (Updated) http://metadave.wordpress.com/2007/12/03/preview-of-the-natural-politic-order/
Domesticated to be a good Sheep -Part I. http://metadave.wordpress.com/2008/02/15/domesticated-to-be-a-good-sheep-part-i/
Veritax Vox Liberabit http://metadave.wordpress.com/ less Tags: communism consumerism education enslaved eu freedom jwo liberty metaphysics nwo oss philosophy skeptikosexaminer tobefree tyranny walmart Category: Science & Technology Views: 254 Comments: 2 Added: Jul 13, 07 By: SkeptikosExaminer | |  |  | | Vlog 31 Scavenger Hunt 05:18Every May, probably since like 2001, a bunch of us have gone out, broken into teams with Digital Cameras, and gone a bizarre version of a Scavenger Hunt. This is probably the last time I get to do this, more...since I'm moving out of town in a week - so I of course brought a second camera with us to video it. less Tags: scavenger hunt oa uwec science team sientz goggles kilts lab coats walmart snakes office max Category: Video Blogs Views: 295 Comments: 30 Added: May 12, 07 By: Traegorn  | |  |  | | commentRe Dont Kick Stones! 00:13I like your voice! Tags: pimpinpricey funny random hip great global warming tesco walmart holland denmark strange balloon i could go on Category: Video Comments Views: 158 Comments: 1 Added: Apr 25, 07 By: jax.rox  | |  |  | | Dont Kick Stones! 01:59random i no... ALL MADE UP ON THE SPOT!!!! Tags: pimpinpricey funny random hip great global warming tesco walmart holland denmark strange balloon i could go on Category: Entertainment Views: 3,662 Comments: 40 Added: Apr 25, 07 By: pimpinpricey  | |  |  | | Parking Lot Prank 05:46Me and my friends played a prank on random shoppers at walmart. We basically put a sign on their car apologizing for damage, but there wasn't any and we then watched them look up and down their vehicle more...for the damage. Yeah it was kind of dumb, but funny. less Tags: walmart walmart mart pranks car vehicle damage Category: Comedy Views: 701 Comments: 1 Added: Mar 28, 07 By: brideofvoldemort | |  |  | | 07030313 Cold Wind Chill Riding Home 04:17It's been a long day. I thought I was going to freeze to death. I was soaked wet, and the wind chill at night was making me regret wearing my mesh jacket. I should have put on leathers. Tags: rain monsoon car show walmart motorcycling pearl city honolulu oahu hawaii 88hawaii Category: Video Blogs Views: 504 Comments: 3 Added: Mar 8, 07 By: 88hawaii  | |  |  | | 07030312 Rain At The Car Show 10:25We assemble at the car show, but it rains like a big monsoon. We end up getting some eats. I end up having some Thai food again. Gosh, I'm hooked on it. Tags: rain monsoon car show walmart motorcycling pearl city honolulu oahu hawaii 88hawaii Category: Video Blogs Views: 328 Comments: 3 Added: Mar 8, 07 By: 88hawaii  | |  |  | | 061124 Camera Pouch Chest Mount 08:31I'm trying out a different camera mounts. In this video, I make a quickly rigged pouch that hangs in front of my chest. Tags: camera chest mount pouch mount kodak v570 sternum nike bag walmart Category: Science & Technology Views: 447 Comments: 4 Added: Feb 18, 07 By: 88hawaii  | |  |  | | Supermarket Secrets 24Supermarket Secrets A British documentary series Dispatches covers the reality of the modern supermarket culture, how the look of food is more important than it's nutritional value, how much visually more...... more » Supermarket Secrets A British documentary series Dispatches covers the reality of the modern supermarket culture, how the look of food is more important than it's nutritional value, how much visually imperfect food goes to waste, how they use our inability to shop for quality food against us, and how the factory farm affects the animals grown for food. Have you ever wondered why so many non-cooking people watch the food channel? Perhaps it is because they are hungry and not getting the nutrition their bodies are crying for. Very important stuff. less Tags: tesco asda walmart sainsburys morrisons chicken meat gm foods Category: News Views: 264 Comments: 2 Added: Feb 17, 07 By: XcorpioDC  | |  |  | | Supermarket Secrets 14Supermarket Secrets A British documentary series Dispatches covers the reality of the modern supermarket culture, how the look of food is more important than it's nutritional value, how much visually more...... more » Supermarket Secrets A British documentary series Dispatches covers the reality of the modern supermarket culture, how the look of food is more important than it's nutritional value, how much visually imperfect food goes to waste, how they use our inability to shop for quality food against us, and how the factory farm affects the animals grown for food. Have you ever wondered why so many non-cooking people watch the food channel? Perhaps it is because they are hungry and not getting the nutrition their bodies are crying for. Very important stuff. less Tags: tesco asda walmart sainsburys morrison chicken meat gm foods genetically modifying Category: Science & Technology Views: 386 Comments: 1 Added: Feb 17, 07 By: XcorpioDC  | |  |
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