Before I read the textbook and watched the Frontline documentary, I thought that the question "Is Walmart good for America?" was ridiculous. I thought that obviously this big-box store that boasted low prices helped poorer people spend less money and really improved the economy. Now, after reading the book and watching the documentary, I think that Walmart has been a terrible influence on America.
Even though the prices at Walmart are so low, it harms the economy because it is causing people to lose there job. Take the example that was in the beginning of the chapter in the textbook. Kelly worked for Raley's grocery but when Walmart moved into the area, Raley's was put out of business. Kelly lost her job that had decent pay and great benefits and was forced to work at Walmart where she recieved a sharp decrease in pay and lost most of her benefits.
In the end, I think that Walmart has helped countries in Asia, most specifically China and has harmed the economies of the United States. I still shop at places like Walmart and Target but after learning about what their business practices have done to the families and businesses in this country, I'm kind of ashamed to shop there.
Before watching the video, I also thought that Walmart helped people by giving them jobs. It would be interesting to see comparisons between Walmart and Target and if and how they differ, especially on their effects on society and the economy.
ReplyDeleteIt would be interesting to see if they are different but unfortunately, all big box stores probably operate under similar principles to bring low prices to the consumer.
ReplyDeleteEmily:
ReplyDeleteI've had about the same number of students who think Walmart is providing a service as those who feel Walmart creates a lot of problems. Whatever the case, a number of corporations are using Walmart as a guide on how to run their day-to-day operations. Good work. Richard Bobys