Tag Archives: Asia
The Blouses That Destroy Economies: The Insane Quest for Cheap Labor
So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people. Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading
Posted in Crap-italism, minimum wage, Rentier, Wage slavery
Tagged Africa, Asia, capitalism, capitalism without capital, China, Ethiopia, inflation, J.C. Penney, Kenya, Levi Strauss, offshoring, PVH, VF, wages, Wall Street Journal, Walmart, William S. Simon
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