UNI is gleeful:
The Danish trade union pension funds are showing the way for all socially responsible investors, said UNI general secretary Philip J. Jennings in welcoming the announcement that they will disinvest from Wal-Mart. Speaking today at the World Economic Forum in Davos, Switzerland, Jennings warned that walmartization of working life, where workers see their wages fall and social benefits disappear, can seriously endanger social and political stability.This lingo is really, really annoying. Just what are the specific policies that constitute "sustainable economic and social development"? Without specifics, this is utter nonsense! More here.It is immoral that Wal-Mart, which is world's largest company, uses its economic power to push millions of working families world-wide into poverty and despair. The global union movement is stepping up its response to the walmartization challenge, in support of a sustainable economic and social development.
Posted by Kevin on January, 27 2005 at 10:36 AM
