October 13, 2006 It was reported in the press a year ago that in the talks held between Migros and Wal-Mart, Wal-Mart said it would buy the company when it expanded its size. Then, Migros bought Tansaş, presumably in preparation for the sale. One of the richest families in the world, with assets worth 90 […]
October 13, 2006
It was reported in the press a year ago that in the talks held between Migros and Wal-Mart, Wal-Mart said it would buy the company when it expanded its size. Then, Migros bought Tansaş, presumably in preparation for the sale.
One of the richest families in the world, with assets worth 90 billion dollars, owns Wal-Mart which has an annual 30 billion in sales-almost as large as Turkey’s Gross National Product. Guided by its basic slogan “Maximum Profit in Minimum Time” Wal-Mart has devised a mechanism for exploiting labor. Its anti-labor methods, known as “Wal-Martism” has become a subject to study in some courses.
In order to force low wages, harsh work conditions and flexible hours on the workers, Wal-Mart does not tolerate unionization of its work force. Unions are openly identified as “internal enemy” at the work sites. Besides the United States, Wal-Mart has stores in Argentina, Brazil, Canada, China, Germany, South Korea, Mexico and England. Only in Canada the workers were able form a union and as soon as they were unionized Wal-Mart closed all of its stores in that country, claiming that Canadian Labor Laws were not democratic.
E.K.
