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Wal-Mart's High Cost of Low Prices Essay

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Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American”…show more content…
A corporation as wealthy and powerful as Wal-Mart should invest in the communities and environments that it inhabits, but because it isn’t profitable for them Wal-Mart, the company that claims to be in the interest of the American people, neglects them.
Some, towns that have been dominated by the monopoly that is Wal-Mart, see up to 80% of the local crime take place in the parking lots of Wal-Mart. Many of these Wal-Mart’s don’t have security surveillance cameras outside of the store, unless they are cameras to get rid of union sympathizers. The fact that the actively secure the inside of the store protecting their merchandise and does not implement the same security outside of the store shows that Wal-Mart only cares about itself. In the documentary, notably around 30 cities were listed as having serious crimes of rape, murder, shooting, assault, carjacking, and ect. Most of which were un-documented due to lack of evidence. A mega-corporation that claims to utilize all necessary precautions and security fails to implement it outside of their benefit. Also in some these small town Wal-mart has been known to drive out small businesses competitors without any remorse. People who make their entire living or have sustained their family with a business for generation has seen all there hard work and dedication trampled by the giant feet of Wal-mart. It is unfair that Wal-Mart has monopolized its industry and is un-regulated by the government meaning
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