Walmart India is a Corporate terrorist that profiteers via Child Labor, Bribery, warping information and predatory pricing.
Stepping on the little guy: Dead Peasant Life Insurance
August 2, 2012Posted by on
Business is more than just a game, and all of its actions rotate around single idea, “ how to make rapid earnings, any means necessary”. People are the most important part of the business body, and it is because of them that every format runs effortlessly in a industry. However, are people seen as people? Or are they just cost to company?
The question has been answered by many fortune 500 companies like Bharti Walmart India that boasts its billion dollar profits to the world, but do they tell you how they got to that level so fast? Pure exploitation, and deprivation of all the people linked to their system which is done is such a subtle way that never realize its happening to them until the game is over. Just like the testing done on a dog which is left in a room which gives him constant shocks from the floor. For a certain time the dog tries to find a way out, but then comes a time when it gives up entirely. Even if you open the door, the dog won’t leave. This is the same psychological warfare used by the “Corporate Zealots” to maintain their profiteering agendas.
Lets take the classic example of an employee, Jane sims:
Jane Sims always knew her husband was a valuable employee to Wal-Mart. She just didn’t know how valuable. Sims discovered recently that Wal-Mart, the company her husband, Douglas, worked for before he died, had taken out a life insurance policy in his name. When Douglas Sims died in 1998 of a sudden heart attack, Wal-Mart received about $64,000.
She got nothing from that policy. “I never dreamed that they could profit from my husband’s death,” said Sims, whose husband worked in receiving at Wal-Mart’s distribution center in Plainview for 11 years. Companies regularly take out secret life insurance policies on the lives of their low-level employees and collect thousands of dollars when they die. The families never know the policies are in place and typically receive none of the money.
They’re better known in the insurance industry as “dead peasant” and “dead janitor” policies.
Many employers continue to buy them, expecting no one will ever find out. And they generally don’t because there is no way to tell if an employer has taken out a policy on a worker’s life.
This shows in clear texts the game played by corporations like walmart, and they continue their profiteering agendas over the lives of numerous people they destroy in the process.
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