Progressive Wal-Mart. Really. Essay

662 WordsDec 13, 20123 Pages
Former bureau chief for the Economist, Sebastian Mallaby writes in defense of a large retailer in his essay, Progressive Wal-Mart. Really. Through his essay he explains that through the continual campaigns against the large corporation, Wal-Mart has been and still remains a benefit to working Americans seeking affordable goods. He elaborates on the crusade of Anti-Wal-Mart campaigns looking to paint the business as a detestable parasite, when all the company has done is keep costs low and earnings for its shareholders high while trying to defeat competitors, just as any company would. “A progressive success story.” Mallaby offers a few words from Jason Furman of New York University in description of the company so many know as…show more content…
When defending the store against the implication they’re paying Chinese workers pennies a day trying to keep up with the demand of merchandise for the store, he makes a point that no one has offered any proof that the pay is any lower elsewhere compared to the countries average. Mallaby, feeling further need to express the unfair depiction of the company presents the information that the workers mainly come from previously working on farms, “… earnings are even worse than at WalMart’s subcontractors and where the labor is still more grueling.” While many use the fact that 5 percent of its workers are on Medicaid against the company, the fact remains, that such a number is common for large retail firms and the nation average is just 1 percent below that of Wal-Marts. For the same people who loudly fought for a system that allowed Medicaid workers to work while keeping benefits, Mallaby declares it, “ironic” that they would now be critical of the policy being used to help its workers. “Companies like Wal-Mart are not run by saints” Mallaby asserts, putting forward one graceful negative before another, “They can treat workers and competitors roughly. They may even be poor stewards of the environment.” However, he continues, the company is large, global and it is only expected for critics to emerge to question its
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