Gautam, et al,
WalMart is (for example) according to a McKinsey study, responsible for (I believe) _20%_ of the growth in US productivity in the 1990s. Not WalMart and its competitors. Just WalMart all by itself.
As if growth in productivity was necessarily an unalloyed good. There are plenty of ways to measure and achieve increases in per-worker productivity, including holding down wages and laying people off.
I realize, of course, that the /only/ way that anyone can have a (regular work-for-a-company) job is for there to be a company to hire them, but I don't get the equation of increased productivity with tasty labor goodness.
Expecting the brilliant economists and titans of industry on this list to straighten me out, I remain
sincerely yours,
Dave
_______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
