The Wal-Mart You Don't Know - 0 views
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meganrowe on 06 Nov 14This article by Charles Fishman echoes more of what Friedman calls 'Multiple Identity Disorder' in a flattening world. We as individuals are trying to sort out "the tensions among our identities as consumers, employees, citizens, taxpayers, and shareholders." This article pulls the covers off of Wal-Mart, revealing some of the business partnerships they have had with companies like Vlasic, Lovable, Levi Strauss, and MasterLock- and how those companies have lost huge profits, and in the case of Vlasic, gone bankrupt because of their partnership with Wal-Mart. But, says Fishman, for suppliers, "the only thing worse than doing business with Wal-Mart may be not doing business with Wal-Mart". In a flattened world where one company has so much power, suppliers have few options if they want to stay afloat. Wal-Mart is taking its business to foreign companies at an accelerated rate. And as consumers with lower incomes due to the off-shoring of jobs, we also feel that we have little choice: we have to buy the cheapest brand. Seems that the Flattened world has also flattened individual choice.