Wal-Mart - The Corporate Enemy
During the last 20 years, Wal-Mart has moved into many areas wiping out all the stores around causing people to loose jobs, slashing the tax base and causing many more disturbing problems to neighborhoods so people should stop supporting Wal-Mart for many of these reasons. Always low prices, does this sound familiar? Well this would be the slogan of the world’s most controlling company; Wal-Mart. Wal-Mart grew over the years into a 256 billion dollar company after making its name across the world in 1915. The major problem with Wal-Mart is that it maintains its own mini-economy. Some people believe Wal-Mart supports the American economy while most others hold that Wal-Mart’s global outsourcing will and has damaged the economy over time. When comparing these two opposite points, Wal-Mart has and is continuing to be more destructive than constructive to our economy. It has left employees with little to even no healthcare at all, destroyed more jobs then it has even created and it has also dishonored our environment. The second most common job, cashiers, are suppose to earn just about $7.92 per hour and work 29 hours a week which was said in a 2003 analysis. This only brings in yearly wages of only $11,948 (Wal-Mart Wages and Worker Rights 1). It is incredible that their employees can support themselves with making such low wages."With its low price focus, Wal-Mart may appear to help the U.S. economy. But, the reality is that with its poor wages and benefits, massive China sourcing and tax avoidance, Wal-Mart makes its workers and the communities where it operates poorer."-David Nassar.
Wal-Mart including around 3,400 stores has made some job opportunities but think of all the jobs lost because of putting out small local owned businesses and factory jobs out of business due to Wal-Mart’s low production demands. Wal-Mart’s variety of over 120,000 items, size and convenience makes it a severe competitor to any business. It’s unbeatable low prices are so unbearable even the social status of many cities or towns don’t matter and can’t even compete with Wal-Mart therefore they are forced to be terminated. This may be an example of “survival of the fittest” but this process is hurting the economy majorly and there needs to be something done about this.
Most of Wal-Mart’s suppliers are from China and that means less American made products and more foreign products going around. This lack of American production is what causes American factories to shut down, leaving the employees without jobs. Even if these employees decided to work with Wal-Mart, they would make around half of their normal salary with no health care or the job security benefits that have been the normal in factory work. “Wal-Mart wants high turnover, so people won't become attached to the company, and make demands on it."-Glen Ford.
"I worked at Wal-Mart for a few months when I was in college. You never hear about the brainwashing session you go...