Friday, August 25, 2006

Wal-Mart and the Chinese Communist Party

Odd how the ongoing love affair between US multinationals and Chinese Stalinism is the key underpinning of the world economy today.

This blog has on several occasions pointed to the union-busting activities of Wal-Mart and its UK operation Asda. But while the GMB remain dangerous adversaries, the retailer is allowing the establishment of a Communist Party branch at its store in Shenyang.

The Financial Times take on this does not appear to be online yet. But the print edition of the paper observes:

‘The move underlines the convergence of interests between business and China’s communist party rulers.’

In fact, this story underlines the class nature of the Beijing regime more succinctly than an entire volume of Marxist theory ever could.

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