Posts tagged ‘wal-mart’

Wal-mart to offer $4 generic drugs

Wal-mart announced today that it will begin a pilot program soon that will offer generic drugs to both the insured and uninsured for as little as $4 a month for a 30-day supply.

In doing so, it brings to bear its huge influence in the American economy and its legendary ability to wring cost and inefficiency out of its supply chain. While the chain says it will not pressure pharmaceutical companies (and that the lower cost comes solely from more efficient distribution), it wouldn’t surprise me if it does so if and when the program ends up being popular.

Additionally, competitors like CVS whose supply chains are not nearly so legendarily efficient will come under severe pressure to turn the screws on Big Pharma lest they start bleeding red ink.

It’s about time that American businesses step in where the federal government has so miserably failed, and start putting the reins on soaring healthcare costs. This will also be a much-needed reprieve for the millions of elderly and poor who must choose every month between food and their prescriptions.

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Environmentalism gains momentum from both Left and Right

A couple of recent articles highlight the fact that the ideas of preserving our environment and of moving our culture from a wasteful to a sustainable one are gaining currency across the entire political spectrum.

This article in Newsweek discusses how both individuals and corporations are taking environmentalism in their own hands when confronted with overwhelming evidence of global warming and environmental degradation. In addition to highlighting some individual efforts, it discusses some changes going on in conservative Corporate America:

*Architects are beginning to incorporate eco-friendly considerations into their skyscraper designs. The best current example is the Hurst Corp. headquarters in Manhattan, which is totally infused with sunlight and which employs hyper-efficient use of energy. A new Bank of America tower planned for Manhattan will capture and use every drop of rainwater that falls on it, and will use methane from cafeteria scraps to help power the building.

*Wal-mart, condemned by many for its corporate practices, is going green. After bringing in Al Gore to consult for its executives, Wal-mart is pledging to reduce its carbon footprint by 20% in seven years. It will do so, for example through use of far more efficient packaging–the article states that reducing the packaging on just one line of toys will save $3.5 million in trucking costs and spare 5000 trees. It will also make far greater use of materials like organic cotton for clothing. If every business followed Wal-mart’s lead of reducing emissions by 20% the United States would meet the Kyoto Protocol despite the inexcusable dereliction of duty in Washington for failing to sign the treaty.

*Green technology has become the darling of venture capitalists, who are eager to get in on new technologies on the ground floor.

These changes are happening because they simply make common sense, and not just to liberals. Evangelicals are signing on because more and more are realizing that cherishing and preserving the environment is the good and Christian thing to do. The incontrovertible nature of the data on the global climate crisis is also winning over reasonable conservatives. “Al Gore can’t convince me, but his data can convince me,” mused one Republican in the Newsweek article.

The article notes that the US has a chance to become a leader in developing green technology and exporting it to the rest of the world. We could become that by spending $100 billion a year on it, the amount equal to what we’re throwing at Iraq right now. In doing so we would generate jobs, improve our standard of living, reduce our dependence on foreign oil, and greatly improve the dangerous trade deficits we’re running against the rest of the world. This is the kind of initiative that requires bold leadership from both Left and Right.

Separately, another article in today’s Washington Post discusses how environmentalists are allying themselves with hunters to protect natural preserves against the predations of drilling and oil companies. These two camps may come to blows on gun control, but they both understand the need to protect these fragile ecosystems and their ability to sustain themselves.

It’s easy to look to more drilling as a way of easing the nation’s energy problems, but such drilling will not significantly impact the overall imminent decline in petroleum availability nor will it resolve our energy problems in the long run. Insisting on drilling ever-more-expensive locations for smaller petroleum returns is like feeding a crack addict some more crack; it postpones but does not eliminate the day of reckoning. Sooner or later we have to move off petroleum. Until we do we will be held hostage by our addiction to foreign oil, because no amount of domestic production will ever eliminate that dependence. That’s all quite apart from the environmental incentives to stop burning fossil fuels. The logic of reducing our oil addiction becomes ever more evident to the entire political spectrum every time there is an increase in the price of gas at the pump.

Articles like these demonstrate that environmentalism has begun to rise above petty partisan bickering. It’s a problem that everyone faces, as Katrina attests, and is a problem that all must resolve. Environmentalism need not be in opposition to a strong economy, and can instead produce jobs and improve our lives. That’s a goal worth fighting for whether you’re on the Left or Right.

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