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Mart's Negative Impact Of Wal-Mart And Its Impact On The Economy

Decent Essays
Nevertheless, Walmart low wages, and the large impact it has on smaller communities, are not the end to the ugly affects that Walmart can have on the economy. All things considered, Wal-Mart, feels as if they are creating economic opportunity to the local communities while supporting local supplier’s diversity in the work place, great health care for under a dollar and providing affordable priced merchandise. Wal-Mart argues against the allegations that they do not care about their employees or the local community. Walmart, feels as if they are committed to making a different in the communities while helping women entrepreneurs purse their dreams. At any rate, on January 8, 2007 Walmart wanted to show how much they did care about their…show more content…
Addition to the allegations there has also been many filed discrimination law suits against Walmart and the poor questionable practices they follow. Walmart hand book states that they should “provide an environment free of discrimination to our associates, customers, members and suppliers.” It goes on to say that they “prohibits discrimination in employment, employment-related decisions or in business dealings on the basis of an individual’s race, color, ancestry, age, sex, sexual orientation, religion, disability’. Unfortunately despite what Walmart’s handbook has writing in black and white Walmart handles nearly 5,000 lawsuits each year, and around 17 suites per each working day. In 2004, Wal-Mart made U.S. history for having the largest workplace bias class action lawsuit against them. The suit could have cost Wal-Mart up to 1.6 million in fees, but Wal-Mart lawyers appealed the…show more content…
Meanwhile, in an instance that took place overseas, the international Labor Rights filled a class action lawsuit against Walmart last September. By November, the Department of Labor reached a settlement agreement with Walmart over Child labor violations ####. Walmart was fined $135,540 for child labor violations that occurred between 1998 and 2002. Walmart seems to find its way into the headline for all the wrong reason There’s no question that Walmart can have a negative and a positive impact on the economy. No company is prefect however, Wal-Mart seems to always push the envelope. A company at Walmart magnitude should find was to operate in an equally streamlined manner. To make sure there employees are being took in care of correctly, and make sure that labor laws are being followed. There should never be any excuse for going against moral value or to treat others
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