Thursday, November 29, 2012

People's Republic of Capitalism 2

Today we continued watching "The People's Republic of Capitalism". The movie featured a former Briggs and Stratton worker named Pam Le-sour. She and many other employed were recently fired because the factory they worked at was relocated to China. Even though it costs less to manufacture in China and saved the company money, it left the employees of the factory without a job. In the video, Pam was applying for a new job at a local job expo. The video interviewed her, and asked questions related to the Briggs and Stratton factory being moved to China. In the interview, she stated that since she is short on funds, she does all of her shopping at Walmart. However, almost all of the products in Walmart were at one point associated with China. So even though she is against U.S companies having their factories in China, that is the main reason why Walmart has "everyday low prices" in the first place. So in reality, she is benefiting from it, and not benefiting from it at the same time.



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