Sunday 9 December 2012

PROFIT BEFORE LIVES, THAT'S CAPITALISM.


     A little bit more on that pinnacle of capitalist development, that citadel of Mammon, Walmart. It would appear that fire safety would hit their profits, so they decided that it was more profitable to risk the lives of thousand of workers rather than face a small hike in costs.
     Last year, Walmart reportedly decided against aiding factory upgrades that could have stopped fires like last month's blaze at a Bangladesh garment factory.
Bangladeshi suppliers of Walmart clothes wanted to upgrade their facilities to make them more fire-proof, and other retailers approved the plan, according to Bloomberg. The plan only fell through after Walmart and the Gap said they would not pay higher prices to make such upgrades feasible.
Read the full story HERE:

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