“Greed Machine”
Most of us have heard of, or viewed the science fiction movie The Matrix. One of the characters, Neo is given a choice by another character, Morpheus to choose between two pills, a red pill and a blue pill. Morpheus explains “After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland, and I show you how deep the rabbit hole goes.” (The Matrix) When it comes to Walmart, there are a lot of people who have taken the blue pill in exchange for those “Every Day Low Prices”, and do not think of Walmart as anything other than a place where they shop to save money. For this project we will take the red …show more content…
Is it Wal-Mart, or Walmart? According to Jane Wells of CNBC “There's a new rule book of sorts on how to spell the name of the world's largest retailer. Media outlets are being notified by 'Walmart' via an editor's note at the end of news releases. "Wal-Mart Stores, Inc. is the legal trade name of the corporation," the note says. "The name 'Walmart,' expressed as one word and without punctuation, is a trademark of the company and is used analogously to describe the company and its stores. Use the trade name when it is necessary to identify the legal entity, such as when reporting financial results, litigation or corporate governance."” (Wells, …show more content…
(Malcolm) What comes to your mind when someone mentions Walmart? As consumers what should we expect from an industry leader? It could be argued that Walmart is the greatest thing since sliced bread. A lot of websites and publications are quick to point out that Walmart employs one percent of the United States economy, or 1.4 billion people. (Blodget) What these sources are not pointing out is that of the 1.4 billion people employed by Walmart, all of them make about 20% less than the average U.S. retail worker. Additionally, less than half of Walmart's employees have health insurance, which results in taxpayers subsidizing the insurance of Walmart's employees. (Bloomberg Business Week) Is paying workers below average wages for the industry in which they work a way for the greed machine to give its customers those “Every Day Low
Most of us have heard of, or viewed the science fiction movie The Matrix. One of the characters, Neo is given a choice by another character, Morpheus to choose between two pills, a red pill and a blue pill. Morpheus explains “After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland, and I show you how deep the rabbit hole goes.” (The Matrix) When it comes to Walmart, there are a lot of people who have taken the blue pill in exchange for those “Every Day Low Prices”, and do not think of Walmart as anything other than a place where they shop to save money. For this project we will take the red …show more content…
Is it Wal-Mart, or Walmart? According to Jane Wells of CNBC “There's a new rule book of sorts on how to spell the name of the world's largest retailer. Media outlets are being notified by 'Walmart' via an editor's note at the end of news releases. "Wal-Mart Stores, Inc. is the legal trade name of the corporation," the note says. "The name 'Walmart,' expressed as one word and without punctuation, is a trademark of the company and is used analogously to describe the company and its stores. Use the trade name when it is necessary to identify the legal entity, such as when reporting financial results, litigation or corporate governance."” (Wells, …show more content…
(Malcolm) What comes to your mind when someone mentions Walmart? As consumers what should we expect from an industry leader? It could be argued that Walmart is the greatest thing since sliced bread. A lot of websites and publications are quick to point out that Walmart employs one percent of the United States economy, or 1.4 billion people. (Blodget) What these sources are not pointing out is that of the 1.4 billion people employed by Walmart, all of them make about 20% less than the average U.S. retail worker. Additionally, less than half of Walmart's employees have health insurance, which results in taxpayers subsidizing the insurance of Walmart's employees. (Bloomberg Business Week) Is paying workers below average wages for the industry in which they work a way for the greed machine to give its customers those “Every Day Low