Tag: corporations

Multinational Corporations in Mexico Shutting Down Due to Drug War Violence

There aren’t many smiles to go with a Coke in state of Guerrero, Mexico, these days. FEMSA, the largest franchise Coca-Cola bottling company the world, shut down its distribution centers in Iguala—site of the kidnapping and likely massacre of 43 students nine months ago—and Arcelia while maintaining facilities in other parts of the state.

REUTERS/Edgard Garrido

Confirmed: People Have Very Unrealistic Notions About Corporate Profit Margins

Perhaps political attitudes would change if more people understood that the government is raking in more money from their purchases than Walmart is. Politicians excel at portraying themselves as perpetually under-funded in their selfless quest to make life better for everyone. At the same time, they teach the public to believe private industry is rapacious and exploitative, rather than working with six or seven-percent profit margins.