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Description
Wal-Mart is not just the world's largest company--it is the largest company in the history of the world. It is estimated that the company's low prices save American consumers $10 billion a year--but the #1 employer in 37 states has never let a union in the door. Though 70% of Americans now live within a 15-minute drive of a Wal-Mart, we have not even begun to understand the true power of the company. We know about the lawsuits and the labour protests,...
Pub. Date
19uu
Description
Examines Wal-Mart's importation of Chinese goods into the United States. Discusses that while some economists credit Wal-Mart's focus on low costs with helping contain U.S. inflation, others charge that the company is the main force driving the massive overseas shift to China in the production of American consumer goods, resulting in hundreds of thousands of lost jobs and a lower standard of living in the U.S.
Pub. Date
©2004
Description
Frontline explores the retail giant's influence on the American economy, noting U.S. job losses and soaring Chinese exports. Interviews with retail execs, trade experts, economists and more, some who credit Wal-Mart's focus on low costs with helping contain U.S. inflation, others charge that the company is driving the overseas shift to China of the production of American consumer goods.