Emerald Business Systems Blog


Here’s the Skinny on Why Wal-Mart Is So Evil (and Has Made Such a Killing)

Posted in General Business,Retail by ebs4pos on October 4, 2009

The success of Wal-Mart is in many ways paradoxical. The world’s biggest corporation — and one of the most technologically sophisticated — emerged from the poor, rural backwaters of Arkansas, a state regularly at the bottom of most state achievement rankings. Increasingly global in procurement and sales, it grew from a base that was racially homogenous — a result of the violent expulsion of African-Americans — and suspicious of all outsiders. A company that plays on “family values” is based in a region with one of the highest divorce rates in the United States. A region of low-income families adhering to a range of anti-materialist Protestant faiths gives birth to this colossus of consumerism. And the list goes on.

But as a business, it does a lot of things right, even if the social consequences are often wrong. Now, adding valuable new analyses to a growing literature on a company both deeply loved and passionately hated, two historians offer distinctive, if overlapping, accounts of what Sam Walton hath wrought. Both books are essential reading for understanding not just Wal-Mart, but also America’s general political and economic trajectory.

via Here’s the Skinny on Why Wal-Mart Is So Evil (and Has Made Such a Killing) | Corporate Accountability and WorkPlace | AlterNet.

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