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The Socialist 4 August 2010 |
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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.
Dave Younger
In this issue
We need 'biggest movement since poll tax'
Anti-cuts campaign
'Radical' cuts require serious action
Waltham Forest's Labour council faces opposition
Coventry campaigners fight cuts of £140 million
Swansea trades council leads battle for services
Campaigners answer Bristol's 'Big Conversation'
Cuts news: Mental health services facing the axe
NSSN pledged to fight cuts
War and occupation
Troops out now!
Afghanistan: US strategy in disarray
Accademies
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
Witch-hunted Unison activist wins tribunal
Workplace Debate
Unite general secretary election
Youth fight for jobs
We won't be a lost generation, fight for jobs and education!
No to privatisation of our universities
For real jobs, not slave labour
Environment and socialism
Profiting from wrecking the environment
Stop the Cardiff incinerator
Save Wanstead Flats
Tamil Solidarity
Daily Mail admits guilt over smearing Tamil hunger striker
Socialist Party LGBT
Campaigning at Leeds Pride
Socialist Party events
Book now for the summer camp!
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
Fast news
Review & Comment
The howlers' world and ours
How the banks rip us off
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The Socialist 4 August 2010 |
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