Project Censored 2005 #25

After picking up my first copy of “Censored: The News That Didn’t Make the News and Why – The 1995 Project Censored Yearbook,” I was hooked. The mission of Project Censored reads:

Our mission is to educate people about the role of independent journalism in a democratic society and to tell The News That Didn’t Make the News and why. (more)

Project Censored now publishes the top 25 censored stories every year on their website which has been in my Great Sites list since the inception of this blog. In keeping with my personal mission of bringing you relevant news Comments From Left Field will republish one censored story every week.




(#25) Wal-Mart Brings Inequality and Low Prices to the World

MULTINATIONAL MONITOR, October 2003

Title: “Welcome to Wal-World”

Author: Andy Rowell

Faculty Evaluators: Phil McGough, Laurie Dawson

Student Researcher: Mariah Wegener-Vernagallo, Doug Reynolds

“Country by country, the world is discovering the great value of shopping at Wal-Mart,” says John Menzer, president of the international division of Wal-Mart, the world’s largest retailer. Menzer’s vision is one where Wal-Mart becomes a global brand, just like McDonald’s or Coca- Cola, monopolizing the global retail market.

What Menzer fails to tell shareholders is the fact that Wal-Mart is also facing lots of consumer pressure both at home and abroad for some of their business activities. Wal-Mart’s strategy of corporate takeovers in other countries has come into question. When entering a new market, the company never opens directly to the public; instead they buy into an already fully operational company and slowly take control. First, a large competitor is eliminated, then Wal-Mart gains real estate and employees creating a massive presence in its targeted location.

In addition, by taking over existing stores rather than opening new ones, Wal-Mart avoids the community opposition that it faces in the U.S. Al Norman, the founder of Sprawl-Busters, who has been described by CBS’s “60 Minutes” as the guru of the anti-Wal-Mart movement says. “What Wal-Mart did in Mexico was very instructive. Mexico was a testing ground for the method of operation. They basically acquired existing stores. They moved into Mexico and that became the theme in other countries like the UK, Germany, and Japan. They would buy into an existing operation, rather then start from scratch.”

Read the rest of the story…

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