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“In the business world, the rearview mirror is always clearer than the windshield.” Warren Buffet
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Scooped by Mike Busarello onto INTRODUCTION TO THE SOCIAL SCIENCES DIGITAL TEXTBOOK(PSYCHOLOGY-ECONOMICS-SOCIOLOGY):MIKE BUSARELLO |
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Wal-Mart de Mexico was an aggressive and creative corrupter, offering large payoffs to get what the law otherwise prohibited, an examination by The New York Times found. Via Seth Dixon 
Seth Dixon's curator insight,
December 18, 2012 6:28 PM
Wal-Mart officials worked hard to ensure that zoning regulations were changed so that they could bring a store to a coveted location. They built a Wal-Mart in the shadows of arguably Mexico's most important world heritage site--the pyramids of Teotihuacán. This investigative report uncovers the illegal steps that Wal-Mart took to force through their agenda. Questions to Ponder: Why would Wal-Mart be so keen on this particular location? Why would some in Mexico oppose this project so fiercely? Would Wal-Mart behave in such a manner in the United States? 
Sam Capron's curator insight,
February 13, 10:35 PM
I knew that Wal-Mart was rather devious in its uses of force, using both bribery and elbow rubbing to get exactly what they want. That being said the extent of the misdoings in Mexico was shocking. In my opinion Wal-Mart is ruining a national landmark and a great tourist attraction. The question I ask myself is, is there any chance that Egypt would ever allow a Wal-Mart to be built next to their Great Pyramids? Delete the scoop?
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Brazil has overtaken the UK as the world's sixth largest economy, the Centre for Economics and Business Research says.
The "BRIC" countries are surging forward and are seen as major players in the global economy (Brazil, Russia, India and China). Brazil just recently past the U.K. as the 6th largest economy. China passed Japan not more than a year ago. Furthermore, Russia and India are poised to pass the traditional European economic powers (U.K., Germany, France and Italy) by 2020. In this restructuring of the global economy, what will the impacts be on various regions of the world? Via Seth Dixon 
Matt Mallinson's comment,
September 26, 2012 10:04 AM
Until learning this, I had no idea Brazil was considered one of the world's top six largest economies. When I think of Brazil I think of rainforests and the amazing city of Rio de Jeneiro, I want to visit there at least once before I die.
Elizabeth Allen's comment,
November 16, 2012 5:28 PM
The statistics prove that Brazil is higher ranking economically that the UK. Brazil is succeeding economically. It must have to with their natural resources and financial gains of exporting goods.
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Some four decades after welcoming foreign assembly plants and factories, known as maquiladoras, Mexico has seen only a trickle of its industrial and factory workers join the ranks of those who even slightly resemble a middle class.
Despite making such consumer goods like BlackBerry smartphones, plasma TVs, appliances and cars that most people in the US, for instance, consider necessities, Mexican workers in these factories seldom get to enjoy these items because, as this article argues, the labor system keeps them in poverty. Foreign investment in these businesses keep unions out and attracts workers from poorer areas, allowing low-cost labor to prevail. Less than $8 a day is the going wage - great for the bottom line and consumer prices but very bleak for those who toil in this system. Via Seth Dixon 
Jessica Martel's curator insight,
February 7, 5:30 PM
this reminds me of a topic discussed in a previouse class. That is when the GM company destroyed the economy in Flint Michigan by closing the factories in the city (wich relied on GM). They decided to move the company too Mexico where they could pay thier workers less money and then ship the product out. 
Mikaela Kennedy's curator insight,
February 7, 5:59 PM
Some U.S. politians complain that they can't live on $400,000 a year and these workers are living on $7.50 a day that's only $2,737.50 a year if they work every day. Delete the scoop?
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Brazil, South America’s largest economy, is finally poised to realize its potential as a global player, economists say.
This article, dated 2008, shows how at the beginning of the global economic downturn, Brazil and other "BRIC" countries were comparatively doing better compared to the more established economic powers. Although Brazil has been frequently noted for it's unequal distribution of wealth, since 2001, this income gap has been shrinking and a middle class is starting to grow. Via Seth Dixon
Matt Mallinson's comment,
September 26, 2012 10:10 AM
It's amazing that the U.S economy isn't all that good, but a country from South America is growing in this time. Good for Brazil, now we just need to fix our economy.
Derek Ethier's comment,
September 30, 2012 7:09 PM
This is very beneficial for Brazil, especially with the World Cup coming within the next few years. A middle class is essential so that there are consumers. In a country with only an upper class and desperately poor lower class, poverty and crime run rampant in the masses while a small elite control the nations money. It is important that Brazil continue this trend of a shrinking income gap.
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