Tazreen Fashions

Bangladeshi Garment Fire: Downstream Effect of a WalMart Economy?

One of the things hot on the nets yesterday was Peter Suderman’s pushback against the anti-WalMart action that has been progressing over the last week, culminating in organized protests at numerous stores across the country on Black Friday. Even Alan Grayson got in on the WalMart Thanksgiving protest mix.

But Suderman, loosing followup thoughts after an appearance regarding the subject on Up With Chris Hayes caused a storm. Here is a Storify with all 17 of Suderman’s Tweet thoughts. Suderman, who is a Libertarian and certainly no progressive, nevertheless makes some pretty cogent arguments, and the real gist can be summed up in just a few of the Tweets:

So the benefits of Walmart’s substantially lower prices to the lowest earning cohort are huge, especially on food.
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Obama adviser Jason Furman has estimated the welfare boost of Walmart’s low food prices alone is about $50b a year.
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Paying Walmart’s workers more would mean the money has to come from somewhere. But where?
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Raise prices to pay for increased wages and you cut into the store’s huge low-price benefits for the poor. It’s regressive.

Suderman goes on to note that WalMart workers are effectively within the norm for their business sector as to pay and benefits.

My purpose here is not to get into a who is right and who is wrong, the protesters or Suderman, I actually think there is relative merit to both sides and will leave resolution of that discussion for others.

My point is that the discussion is bigger than than simply the plight of the WalMart retail workers in the US. WalMart is such a huge buyer and seller that it is the avatar of modern low cost retailing and what it does has reverberations not just in the US life and economy, but that of the world. Ezra Klein came close to going there in a reponse piece to Suderman’s take:

But Wal-Mart’s effect on its own employees pales in comparison to its effect on its supply chain’s workers, and its competitors’ workers. As Barry Lynn argued in his Harper’s essay “Breaking the Chain,” and as Charles Fishman demonstrated in his book “The Wal-Mart Effect,” the often unacknowledged consequence of Wal-Mart is that it has reshaped a huge swath of the American, and perhaps even the global, economy.

Not “perhaps” the global economy Ezra, definitively the global economy. WalMart sets the tone for high volume Continue reading

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emptywheel @AllThingsHLS Spent some time last weekend w/a guy in charge of it. He wasn't interested when i pointed that out.
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bmaz Because the rush, whether feel good or just media hurry, that failed to mention the same, was totally lame+ineffective.
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bmaz Total hats off to @JulieATate Spencer Hsu+WaPo for being ONLY big media to note Due Process+MEJA issues in Blackwater http://t.co/oAG06AsOKH
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emptywheel @KailiJoy Did you also make fun of Chuck Todd? Cause I'm only clicking through if you made fun of him too.
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emptywheel @mgsledge That's not even the beginning of the nonsense in @daveaitel's piece. Not a very good propangandist, sadly.
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bmaz MSNBC already gathering a production team for "Lockout: Canadia"...Probably.
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emptywheel @Cirincione has anyone explained WHY Obama has reversed on nukes? Is it just pork? @ValeriePlame
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bmaz Blackwater+Prince suck a giant bag of salted dicks, but DUE PROCESS is more important than your, and DOJ's craven feel good verdict today.
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emptywheel RT @stabenow: Glad to see @billclinton this afternoon. He was a great president, and he has great taste in watches made right here in #Mich
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bmaz The press is still, sometimes, great at reporting results; however, the procedural process, especially when bogus, matters. Discuss it.
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