![]() ![]() ![]() Used by arrangement with Penguin Group (USA), Inc. ![]() Given the debates it provokes, the impact of its policies and the price wars it wages, getAbstract welcomes this look behind Wal-Mart's shelves. A case in point is Charles Fishman's The Wal-Mart Effect, which describes the company as having a 'decidedly mixed economic impact' largely on the basis of a study claiming that the retailer destroyed more jobs in 2005 than it created. Wal-Mart is nearly impervious to external impact, but Fishman has made it far more knowable. With huge stores across the US and worldwide, Wal-Mart, according to Charles Fishman, is not just "the world's most powerful company," it is an "economic ecosystem." Railing against it is like shaking your fist at a tsunami. And whatever you think of Wal-Mart, you can't ignore it. For many shoppers, these are uncomfortable contrasts. So what are they to think about Wal-Mart Stores, Inc.? Is it the world's most rapacious retailer or a great place for a bargain? Does it rule its suppliers, forcing them to run overseas sweatshops to compete or does it spur more economical products? Does it pay rock bottom wages and relentlessly pursue profits, sales, market dominance and cheap goods, or does it provide rare relief for the consumer? The accusations sound daunting, unless you are a budget-weary customer. Most people are generally in favor of both a just society and low prices. GetAbstract Summary: Get the key points from this book in less than 10 minutes. ![]()
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