[The other day I was mildly annoyed by an email I got from Care2 asking me to sign a petition against Wal-Mart. Coincidentally, I recently had a conversation with a good buddy of mine about Wal-Mart, unions, and related topics. WhenI got the Care2 email, I forwarded it it to him and asked if he’d write an entry for my blog. He agreed. This fellow, who we’ll call Lightwave, earned an MBA in 2001 and an MS in MIS in 2002. – Funky]
I’ve heard a lot of talk lately of how awful labor practices at Walmart are unfair to works. I recently read about Walmart’s "ruthless" tactics where Walmart closed a store rather than negotiate with unionized workers. Indeed, there seems to be a lot of talk about how Walmart and other publicly traded organizations are treating non-unionized labor. I’d like to discuss this, but first, let’s get on the same page about some basics of publicly traded organizations.