Wednesday, May 8, 2013

Global corporations and the Bangladesh building collapse

Click here to access article by Peter Symonds from World Socialist Web Site. 
Two weeks after the Rana Plaza building collapse, global retail giants that source their garments in Bangladesh such as Walmart, Primark, Benetton and others are engaged in a cynical public relations exercise to distance themselves from the tragedy and preserve their image and their profits.
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As of yesterday, the official death toll had reached 705, with hundreds more injured, making the collapse the worst industrial disaster in country’s history and one of the worst ever in the world.
This latest tragedy joins the huge line of similar tragedies that are an integral part of a system that seeks to reduce costs to a minimum regardless of the consequences to workers and their families. After all, as expressed so well by Margaret Thatcher, "there is no such thing as society, only individuals (capitalists) and their families." In this brave new neoliberal world, workers everywhere in the world are expendable and profits are everything.