Nation Topics - Corporations
News and Features
As the Enron trial unfolds, it's depressing that Phil and Wendy Gramm, the company's political enablers, are going unpunished and uncriticized.
General Motors is dimming the headlights on its industrial utopia in
Spring Hill, Tennessee. The cutback at the visionary Saturn plant,
where workers and managers once shared decision-making and cooperated as equals, is the latest affront to US autoworkers and American self-esteem.
With assembly plant shut-downs and a massive layoff of 5,000 workers, GM has seen better days. Those include the 1950s, when GM was in trouble with the Senate for being too powerful, and accused of artificially raising prices and creating a monopoly in Detroit.
Long before oil dominated geopolitics, rum was the original global
commodity, tying Europe, the Americas, Africa and the Caribbean in a
complex web of trade and credit. And Bacardi was the original
What motivated director Robert Greenwald to spend a year on a documentary detailing Wal-Mart's impact on American life, culture and commerce?
A hard-hitting documentary, an embarrassing leaked memo on healthcare
and abandonment by customers who don't like its politics. It's
getting harder these days for Wal-Mart to put on a happy public face.
As the nation's wealthiest family, the Waltons could be
a force for social good. But when they choose to spend their fortune
lobbying for pet projects, tax cuts and charter schools instead of
providing a living wage for their workers, they are dangerous (and
costly) to the nation.
For once, Wal-Mart is acting like a hero, with speedy
delivery of water and supplies to Hurricane Katrina victims. If it
could only act that way every day.
Sounds like an episode of The Simpsons, but this
is for real: The retail giant wants even more of your money.
Like oil and water, Chinese capitalism and US politics just don't mix.