Checkout-lady blues
2006-12-21
Czechs are lining up to plunk down thousands of crowns for
Christmas gifts. Many are spending more at one time than the
checkout lady makes per month. Bob Dylan's oft-quoted line
that the "buyin' power of the proletariat's gone down" could be
rephrased in the CR as the "buyin' power of the retail worker's
gone down." Manufacturing and office staff are seeing a surge in
income, but the checkout lady is stuck at Kč 7,000-8,000. Some
of this is due to fierce retail competition, some to dubious
business practices. For years, Czechs have been hearing that
they need to move toward a service economy. In practice, this
means that tens of thousands of retail workers are living near
the subsistence level. Foreign investment was supposed to bring
prosperity, not poverty. Foreign-owned retailers are managing
to keep the peace so far, but at some point, a hard rain's a-
gonna fall.
[Czech Republic buying purchasing parity Modern Times]
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