The Public the Walmart Essay

596 WordsMar 1, 20153 Pages
Who controls America, the government, the hard working citizens that wake up every morning to support their families, or is it the corrupt business men that have incredible amount of money, that possess the power to manipulate and mold the world to his standards. The society we live in today isn't run by by the people, but the big shot companies that have billions of dollars. Walmart, making one hundred forty eight point eight billion dollars a year, it is the largest retail distributor in America. Even with all that revenue Walmart is still bad for the American society by taking advantage of its employees, vendors, and the environment. Walmart moves it's business into small towns and run local shops to the ground with their competitive pricing. Professor Vedder who received his Ph.D. in economics from the University of Illinois, and is the Senior Economist at the U.S. Joint Economic Committee stated; "There are some workers, who had jobs before Walmart came to town, who lose their jobs when Walmart comes to town. They work for the local, competitive, small store that goes out of business" (Vedder). Big business retailers are the roots the decreased number of mom and pop shops all around the country, just a single Walmart in Iowa caused 555 grocery stores, 298 hardware stores, 293 building suppliers, 161 variety shops, 158 women’s stores, and 116 pharmacies to close its doors (Dean). Some might say that Walmart offers a great number of jobs but in reality the jobs given don't compensate for the jobs lost in local stores. Walmart's motto is "We're so confident in our low prices, we guarantee them." These low price standards couldn't be possible if it wasn't for Walmart's business tactics. Charles Fishman an award-winning investigative journalist and New York Times bestselling author who is a senior writer at Fast Company stated; "Wal-Mart, which in the late 1980s

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