The Wal-Mart Effect: How the World's Most Powerful Company Really Works--And Howit's Transforming the American Economy
ISBN: 0143038788
EAN13: 9780143038788
Language: English
Publication Date: Jan 1, 2007
Pages: 352
Dimensions: 1" H x 8.4" L x 5.6" W
Weight: 0.7 lbs.
Format: Paperback
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The Wal-Mart Effect: How the World's Most Powerful Company Really Works--And Howit's Transforming the American Economy

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The Wal-Mart Effect: The overwhelming impact of the world's largest company-due to its relentless pursuit of low prices-on retailers and manufacturers, wages and jobs, the culture of shopping, the shape of our communities, and the environment; a global force of unprecedented nature. Wal-Mart is not only the world's largest company; it is also the largest company in the history of the world. Americans spend $26 million every hour at Wal-Mart, twenty-four hours of every day, every day of the year. Is the company a good thing or a bad thing? On the one hand, market guru Warren Buffett estimates that the company's low prices save American consumers $10 billion a year. On the other, the behemoth is the number-one employer in thirty-seven of the fifty states yet has never let a union in the door. Though 70 percent of Americans now live within a fifteen-minute drive of a Wal-Mart store, we have not even begun to understand the true power of the company and the many ways it is shaping American life. We know about the lawsuits and the labor protests, but what we don't know is how profoundly the Wal-Mart effect is shaping our lives. Fast Company senior editor Charles Fishman takes us on an unprecedented behind-the-scenes investigative expedition deep inside the many worlds of Wal-Mart. He reveals the radical Read More chevron_right

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