[Oe List ...] Wal-Mart and the weapons of mass destruction
David Dunn
dmdunn1 at gmail.com
Tue Apr 8 15:15:57 EDT 2008
On 4/8/08 1:04 PM, "Marianna Bailey" wrote:
> Let's not forget the economic principles that we used in human development
> projects.Money should circulate 5 times before it leaves a community. When
> Wal-Mart comes into a town small family owned businesses that have been their
> for several generations go out of business. The family owned business
> circulated the money 5 times and use to pay living wages. Wal-Mart pays low
> wages and the money leaves the community everyday. What we gain short term by
> low prices does not reflect the long term consequences of our local economy.
This is the story of Burna's hometown, Ironwood, MI--on the decline because
of a whole system of factors, but Wal-Mart didn't help. The downtown has
been dying for many years.
David
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David Dunn
dmdunn1 at gmail.com
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Skype: dmirror
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