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Value and Values at Wal-Mart -- Behind That Implacable Smiley Face
by Lee Drutman
August 25, 2005
Providence News-Journal
WAL-MART. Speak this hyphenated word, and you'll get an instant response.
To some, the name of the world's largest retailer stands for everything that's wrong with corporate capitalism. Declining wages, suburban sprawl, cheap foreign goods' destroying American jobs, reckless corporate welfare, disappearing unions... You name the malady, and there's surely a way to implicate Wal-Mart.
For others, the behemoth's "always low prices" are the gateway to consumer bliss. Where else can you get a $38.76 DVD player or a $42.44 microwave oven? Wal-Mart may be widely reviled, but there's also a reason why it rakes in almost $300 billion a year.
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Posted by TheTree on Monday, August 29 @ 21:19:37 EDT (277 reads)
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