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From The Socialist newspaper, 4 August 2010
Asda profiting from low pay
A DAMNING report was issued recently by the charity ActionAid on the "deplorable" pay and working conditions of Bangladeshi factory workers employed by British supermarket Asda - a subsidiary of US conglomerate Wal-Mart which makes £45 million a day in profit.
Wal-Mart/Asda pays on average less than one pound a day in wages to its garment workers in Bangladeshi factories, who are mostly women with children, and who have to work long hours.
ActionAid says that this rate of pay is equal to just 25% of the basic cost of living of the average Bangladeshi mother, and as a result many over-worked women are struggling to feed their children.
This means that the company's profits are directly taken out of the pockets of the poorest people on the planet, and out of the mouths of the world's poorest children.
The reason why companies like Asda can provide clothes so cheaply is because its costs are low due to garment workers' wages being below the poverty line.
"Asda claims to be a family friendly supermarket but there's a dark side to its operations. Families are being kept in poverty because Asda's wages are so low," said ActionAid's policy advisor.
In response Asda claims that it has been trying to improve the poor treatment of its workers in the Indian subcontinent, which begs the question: Why are they so disgracefully exploited in the first place? The answer, as usual with capitalist corporations, is profit.
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In The Socialist 4 August 2010:
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War and occupation
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Oppose divisive academies policy
Workplace news and analysis
Talks resume at British Airways
Angry workers strike over pay freeze and bosses' bonuses
Fighting fire service cuts
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Unite general secretary election
Youth fight for jobs
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No to privatisation of our universities
For real jobs, not slave labour
Environment and socialism
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Stop the Cardiff incinerator
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Daily Mail admits guilt over smearing Tamil hunger striker
Socialist Party LGBT
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Socialist Party events
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Socialism 2010 - a weekend of discussion and debate
International socialist news and analysis
Love Parade catastrophe was entirely preventable
Garment workers demand a living wage
Socialist Party news and analysis
Asda profiting from low pay
Tories put profits before patients
Rich just carry on getting richer
Review & Comment
The howlers' world and ours
How the banks rip us off
The Socialist 4 August 2010 |
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