The author is alive and well and living somewhere west of the Greenwich meridian.
 
Google
Long Dark Tea-Time Web
Site hosted by DreamHost
 
Archives
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
<< current
 
Tea-Time Feeds
Atom feed Atom feed
Subscribe with Bloglines Bloglines subscribe
Add to Yahoo MyYahoo subscribe
 
All your links are belong to us
Chicken or Beef?
eAsylum.net
Hateful Things
KnowProSE
K'vitsh
The Long Dark Tech-time of the Soul
The Mad Prophet Blog
Meg Does Blogs
Net Politik
Rush Limbaughtomy the Dittohead Recovery Site
South Knox Bubba
 
Rolling, rolling, rolling
Alternet.org
Angry Bear
Arianna's Blog
The Big Picture
Curry Blog
General Glut's Globblog
GuvWurld
In These Times
It's Still The Economy Stupid
Let's run the numbers
Tufte's Economics Classes Blog

SF  Bay Blogger
 
Douglas Adams
1952/3/11 - 2001/5/11

DNA Home Page
Wikipedia Entry
The Long Dark Tea-Time of the Soul Novel
H2G2
 
StatCounter:
SiteMeter:
 
Creative Commons License
This work is licensed under a Creative Commons License

The Long Dark Tea-Time of the Soul
Miscellaneous ramblings written as my soul endures a long dark tea-time
 
Tuesday, July 25, 2006  
Wal and Peace

The title is a jibe at how long the article The Case for Breaking Up Wal-Mart is, although it appears to be full article from Harper's so I'll excuse you for experiencing ADD after hitting Page-Down a few time. However the meat of the article is interesting and at least now I know what monopsony and the waterbed effect are but I wont tell you - you'll have to read the article to find out.

I especially liked the little twist right at the end, clearly designed to sell bringing anti-trust actions to the libertarian and republicans, however I doubt many are reading Harper's or would make it to the end of the article. The jibe about Wal-Mart CEO Lee Scott's efforts to use anti-trust against other companies is even funnier... I guess they'd love to do that until they are the only Mart in the world.

Reading this article, I realized it does not mention anywhere Wal-Mart's recent efforts to paint itself as a "green" company. It's not really relevant to the title but I got to wondering if this monopsony effect applies to its green (or green-wash, depending on your perspective) activities. I could only conclude it must do. I just wonder whether that is a good or bad thing for the eco-market. Probably, since the move of a 600lb gorilla move into the market will inevitably dictate and squeeze supplier profits (I give in, that's monopsony) it will stifle innovation and investment in this area preemptively. Furthermore Wal-Mart will be able to dictate which green ideas flourish independently of their worthiness or eco-friendly qualities. So if hydrogen power is dictated as the be-all and end-all of power sources by the Republicans, then Wal-Mart will surely jump on that wagon and by its might alone dictate that to be a market winner, regardless of its dubious credentials as a green energy source (when generated via fossil fuels vs. renewables).

7/25/2006 12:08:00 AM 0 comments

0 Comments:

Post a Comment