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Sunday, April 8, 2012

Is Walmart Good for America?

I think Walmart in it's present state is horrible for America. When Sam Walton founded the store in 1962 it was about selling American-made goods at low prices. Now Walmart has turned into a conglomerate bully by forcing its suppliers to turn to Asian manufacturers and by taking only the lowest of bids. According to our textbook Walmart has the 22nd largest economy in the world, that's higher than many European countries and most African, Middle Eastern and Latin America countries. Walmart also has low employee moral. Although Forbes marked Walmart as one of the top 100 companies to work for the employees on average take home pay of under $250 a week. This pay scale puts employees below the poverty level. Many of the employees are not allowed to work more than 32 hours to reach full-time status and to receive benefits. 

Walmart is a great example of how influential a company can get under capitalism.

1 comment:

  1. I totally agree with you. When I watched the part of what they said/did to Rubbermaid, I thought to myself, "wow, what bullies!".

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