Over twelve million workers were jobless and families lined up at soup kitchens and bread lines for food (5).This created Americas biggest crime wave in the history. Grocery store robberies were common and many urban poor stole food. Farmers organized public demonstrations to demand higher prices for their crops. At times farmers in the Midwest disrupted food shipments by blocking highways with logs and poured milk onto roads. Many banks seized land cattle, and farm machinery from farmers that defaulted on their loans to keep themselves in business (4 pg665).
It was hard enough with just a recession, but now banks are much stricter when it comes to lending. Surveys done show that 63 percent of companies with less than 100 employees are having trouble with credit, 12 percent had to lay off employees because of it, and 1 in 5 of 600 polled are at risk of going out of business in the next six months. In a brief interview with Mr. Paul Braungart III, entrepreneur and president of Regional Capital Group, a commercial real estate lender and investment company based in Marlton NJ, Mr. Braungart explained that the crisis has impacted values of property and the ability to buy and sell. Therefore, no one’s doing anything really, which paralyzes the market because everyone’s afraid to make any potentially risky moves. The commercial real estate market isn’t as bad off as the residential market, but it has a significant ripple effect on the mind state of the nation.
Abstract This video assessment paper attempts to understand the moral dilemma of a corporate giant known as Walmart. After reviewing the documentary it was apparent that the filmmaker and producers are very anti-Walmart. Watching the film made me want to join forces with them and protest Walmart stores. The film discusses the low wages and poor health benefits, the anti-employee campaign filled with racism and sexism and anti-unionism. It also looked into undocumented workers, subsidies, and outsourcing (among other things) done by Walmart.
K2 . Is it a problem? this synthetic drug causes 53%of the consumers to obtain brain damage or memory loss. Even the stores that sell K2 have a dreadful smell that I think makes you feel like you are choking because it is thick. There are dozens of shops that sell K2 and they don't care where the shops are and the causes it has on the surroundings.
This explains the dominance of Walmart over its suppliers. This dominance of Walmart over suppliers has left them (suppliers) only option to flee to some Asian country like China to bring down their manufacturing costs. Of over six thousand suppliers for Walmart, over 80% are based in China. This directly impacted thousands of workers in USA, who lost their jobs. Some of the economists feel that Walmart has done more harm than good to the Americans.
There are abut 47 million people on food stamps. Also more than eighty percent of the people that are on food stamps have a monthly income that is below the poverty line( ). Food stamps have also taken a cut in how much money they give out. This has become a big problem because people on food stamps are already struggling enough as it is and then when the food stamp company takes more money away from a family it makes it even harder for them to get food and provide for their family. Food stamps are also not accepted everywhere.
While China has advanced sanitarily, there are still 2.6 billion people in the world who do not have access to any toilet at all. According to George, “The 1.8 million child deaths each year related to clean water and sanitation dwarf the casualties associated with violent conflict. No act of terrorism generates economic devastation on the scale of the crisis in water and sanitation” (George, 68). In other words, what can be more important than our next generation of leaders dying due to the water and sanitation crisis. In addition to sanitation within public toilets affecting the nation’s everyday lives, sociability is also an issue that public toilets take
Weakness, even perceived weakness, not strength, provokes aggression from the trade union. David Cameron is threatening to tear up strike laws to prevent militant trade unions holding Britain to ransom. Also, David Cameron is to go to war with the trade unions over new laws to make it easier for firms to sack workers while condemning next week's public sector strike over pensions. On the other hand, you could argue that David Cameron’s presentation of his ideologies and beliefs reflect a more moderate and caring conservatism. For example, when Margaret Thatcher was in power, the New Right Conservatives led to opposition of government intervention to the poor and that the reason why the
Wal-Mart workers filed 30 counts of unfair labor practice with the National labor Relations Board (NLRB). The representations alleged “widespread and egregious attempts by Wal-Mart to silence e workers who have been calling for a change of course at the company” (Our Wal-Mart files over 30 New Counts of Unfair Labor Practices Against Wal-Mart for Attempts to Silence Associates, 2013). These example show that of a US organizations that still continue to abuse labor practices both within our country as well as internationally. Although at times these companies have faced tarnished images, these businesses continue to reap profits while executives and stock holders swim in the benefits. Some common items that we buy that are made in sweatshops are shoes, clothes, coffee, and
Yes, they are saving money on wages and production, but they are taking jobs away from Americans who would use the money they make from the job to purchase the product the company is making. No money means no customers. Current research suggests that high import-competition industries accounted for about 40 percent of manufacturing job losses associated with trade-related job loss [ (Kletzer, 2005) ]. So you do the math and decide if the “1 million sales/marketing jobs in this country created by imports offsets the more than 5 million manufacturing jobs lost because of outsourcing” [ (Minnerick) ]. This is just part of the problem.