Saturday, 4 June 2011

Trousers Down


Can they be talking about the same company?

The more we win, the more change we can make. That, too, is part of our culture because we are a company that believes we’re here for something bigger than ourselves. Like our founder Levi Strauss, we apply original, courageous thinking to seemingly intractable problems. From environmental sustainability to ethical product sourcing, we look at the big picture of corporate citizenship, focusing on the toughest, most complex challenges facing our world today.

We have a long and distinguished history of corporate citizenship, including our unwavering commitment to responsible business practices. To ensure we provide our employees with a clear set of standards and guidance for conducting our business with integrity and the highest degree of compliance with the law, we established our Worldwide Code of Business Conduct.

The Global Anti-Bribery and Anti-Corruption Policy provides additional, specific guidance on two critical sections of the Worldwide Code of Business Conduct – Compliance with Laws, Rules and Regulations and Government Officials.

Must be a different one.

So far, the Interim Haiti Recovery Commission has not done much. Less than 10 percent of the $9 billion pledged by foreign donors has been delivered, and not all of that money has been spent. Other than rebuilding the international airport and clearing the principal urban arteries of rubble, no major infrastructure rebuilding - roads, ports, housing, communications - has begun. According to news reports, of the more than 1,500 U.S. contracts doled out worth $267 million, only 20, worth $4.3 million, have gone to Haitian firms. The rest have gone to U.S. firms, which almost exclusively use U.S. suppliers. Although these foreign contractors employ Haitians, mostly on a cash-for-work basis, the bulk of the money and profits are reinvested in the United States.

5 comments:

Stef said...

I'm not entirely sure what Julian Assange® is getting his knickers in a twist about

An hourly rate of 31 cents is more than double what Disney were paying 15 years ago

At this rate of dollar depreciation, sorry, wage inflation Haitians will be able to occasionally gorge themselves on non mud-based food in a matter of a few decades

Stef said...

And another thing these Marxist collectivists seem to forget is that it is ordinary working class consumers at fault here, NOT large multi-national corporations

If it wasn't for ordinary people's insatiable desire for cheap consumer goods the corporations would be able to charge more and increase wages accordingly

As things stand, paying someone 20 cents to make a pair of jeans that retails for 85 quid barely leaves enough money left over to make ends meet

Remember, Your fault not Theirs

Stef said...

meanwhile, more good news demographics from the home of free-markets in anything but labour...

Attention Marxists: Labor's Share Of National Income Drops To Lowest In History

paul said...

I don't think julian sweats the individual stories, he's to busy polishing his prize

Anon said...

Excellent post!

- Aangirfan