Wal-Mart Effects the Economy Essay

Wal-Mart is destroying our, as Americans, culture and environment. Wal-Mart destroys little shops from our towns, shops that were built by natives and hard-working people. Shops that overcame hardships and reasonable competition are being torn apart one by one in order not to cause too many people filing bankruptcy. Wetlands in America are not being taken care of, as they should. Wetlands are homes and safety nets for many animals. Wal-Mart has destroyed many wetlands in order to build a store in some town people do not even want there.

Wal-Mart, the multi-billion company and the second largest employer in the world, is the most controversial corporation in the world. Wal-Mart is a global powerhouse and affects many people around the world. Wal-Mart is constantly getting attacked from unions, human rights groups, small towns and small businesses. Wal-Mart is accused of treating their workers poorly and driving small businesses out of business. But however these accusations are false or over exaggerated. Wal-Mart offers families and low income people quality products. Also, they pay their workers competitive wages and treat them with respect. Wal-Mart opens their stores in rural and under developed areas. Wal-Mart improves the lives of the people who live rural area and

Some may claim a Walmarts’ arrival in a community is helpful to improve the growth and development in the community, but others tell a different story. Many claim that a Walmart is great way to create new jobs in the community. They are partially right, between construction and development, plenty of jobs are created. Also, about 300 retail jobs are created based on the amount needed to run a Walmart super center twenty fours a day, seven days a week. However, Kenneth Stone, a professor of economics at Iowa State University, conducted a study in which two Super Walmart centers in two different states were evaluated. The study lasted about two years and showed that for every one job Walmart had created, 1.4 jobs were lost in local communities (Davidson 1). Walmarts’ low prices come with additional costs that we are

Walmart is bad for America, as some say. The Globalization essay that was handed out in class had many good points. It states that Walmart puts many smaller businesses out of service. A recent study by

Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”.  It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of

Walmart is the world's largest company by revenue (approximately four hundred and eighty billion dollars) and the largest private employer in the world with two point three million employees. Walmart is also one of the world's most valuable companies by market value, and is also the largest grocery retailer in the U.S. “One Nation Under Walmart” is a case about how Walmart has taken over the retail business and the effects of their market domination. The case also shows statistics of how much percentage Walmart is of many suppliers’ sales. According to the case Walmart has a 30% market share of all household items. Twenty-eight percent of Dial’s business and twenty-four percent of Del Monte’s business go through Walmart stores. It is also worth noting that Walmart imports ten percent of all United States imports from China. The case states that Walmart is able to offer cheaper prices because they put so much pressure on their suppliers to lower their prices. The case, “One Nation Under Walmart”, explains the problems that some people have with the massive retailer. One of these problems is how Walmart has forced numerous local businesses to close their doors through their extremely competitive pricing. They are able to purchase bulk goods at such low prices and thus pass the savings onto customers. As a result of these lew costs, rivals are driven out of business which results in a loss of jobs. Jobs are vital to the success of a community and with Walmart causing job

1) Should Wal-Mart be expected to protect small businesses in the communities within which it operates?

Karen Olsen pulls at our heartstrings using the specific people, places and things that we can possibly relate to in a pathos/ethos type method of description. She pours out examples of infringement, dollar signs, inequality and discrimination. Using names and painting a picture of a subject to explain how [Wal-mart] broke the law using intimidation, denying benefits and firing those that support the union. Sebastian Mallaby rebuttals by using facts and reasoning in a logos/ethos way. Examples include but not limited to; “Wal-mart has a war room to defend its image! Well, yeah, it’s up against a hostile campaign featuring billboards, newspaper ads, and a critical documentary movie.” Mallaby goes on to discuss different ways that many of

Wal-Mart, a "Big-Box Retailer" employs more than 2.1 million associates worldwide and has two-thousand seven-hundred stores in the United States with many more in Argentina, Brazil, Canada, Central America, Chile, China, Germany, Japan, Korea, India, Mexico, Puerto Rico, and the United Kingdom, making Wal-Mart the largest retailer in the world. "Wal-Mart accounts for upward of 30 percent of U.S. sales, and plans to more than double its sales within the next five years" (Lynn 29-36). Why is Wal-Mart so successful, and is Wal-Mart actually bad for America?

Wal-Mart, the largest retail companies in the world (Farfan), plays a crucial role in American economics. No matter, I am at home or on campus, even when I was traveling in other states in America, there is always a Wal-Mart market nearby my location. Due to the super big market power Wal-Mart has, and people’s negative impression of large enterprises, there is always a debate about whether Wal-Mart is good for America or not. Some people believe Wal-Mart makes the small retailers fail, and its workers have low wages and benefits; while others argue that Wal-Mart creates more jobs to the local, provides lower prices to consumers, and encourage American economic growth. Inspired by an article about whether Wal-Mart is a monopoly I read in my economics class, I am curious about the economic impact of Wal-Mart.

Wal-Mart is now the largest grocer, largest retailer, largest corporation in the world. "If Wal-Mart was a nation, it would have a bigger economy than 80 percent of the world's countries"(Singer and Mason). About "138 million people go to one of Wal-Mart's 5,000 stores in the United States and nine other countries", and purchase more than $300 billion every year (Singer and Mason). With a 1.6 million global workforce, Wal-Mart has become the biggest private employer "in the United States, as well as in Mexico and Canada"(Singer and Mason). "Wal-Mart already has 11 percent of all U.S. Grocery store sales," and "by 2013 that figure is likely to rise to 21 percent"(Singer and

“Up Against Wal-Mart” by Karen Olsson, a senior editor at Texas Monthly and who’s article appeared in Mother Jones, introduces her article through the perspective of a Wal-Mart worker. She focuses on the negatives of Wal-Mart by telling the real life struggles of different Wal-Mart employees. “Progressive Wal-Mart. Really.” by Sebastian Mallaby, a columnist for the Washington Post, focuses his article on what Wal-Mart critics say and attempts to defend Wal-Mart by comparing Wal-Mart to other retailers. Even though Karen Olsson and Sebastian Mallaby both examine the negative effects of Wal-Mart, Olsson berates Wal-Mart’s unfair treatment towards employees and the unlivable wages that the world’s largest retailer provides while Mallaby

Wal-Mart represents the sickness of capitalism at its almost fully evolved state. As Jim Hightower said, "Why single out Wal-Mart? Because it's a hog. Despite the homespun image it cultivates in its ads, it operates with an arrogance and avarice that would make Enron blush and John D. Rockefeller envious. It's the world's biggest retail corporation and America's largest private employer; Sam Robson Walton, a member of the ruling family, is one of the richest people on earth. Wal-Mart and the Waltons got to the top the old-fashioned way: by roughing people up. Their low, low prices are the product of two ruthless commandments: Extract the last penny possible from human toil and squeeze the last

Not only does Walmart directly affect the economical situation of your community, it also puts significant strain upon the environment we live and depend on. In October of 2004, North America sued Walmart for violating the Clean Water Act CWA in nine states, causing a huge uproar both from the defensive Walmart corporation and more so from the targeted communities. Relying upon a communities oblivion, Walmart takes advantage of the situation in which it's presented, posing a threat to all nearby water supplies because of all the toxins and pesticides literally oozing from Walmart facilities worldwide. Much more costly towards the environment than the tinkling of spare change resounding in our pockets. Therefore, it should come as no surprise that a single Walmart location expends countless amounts of energy to maintain,

“Over the course of [a few years after Wal-Mart entered a community], retailers' sales of men’s' and boys' apparel dropped 44% on average, hardware sales fell by 31%, and lawn and garden sales fell by 26%. In towns without Wal-Marts that are close to towns with Wal-Marts, sales in general merchandise declined immediately after Wal-Mart stores opened. After ten years, sales declined by a cumulative 34%.”