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Business/Investing The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy

Posted on 2010-04-01




Name:Business/Investing The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy
ASIN/ISBN:0844742449
Language:English
File size:1 Mb
Publisher: AEI Press
ISBN: 0844742449
Publish Date: edition 2007
File Type: PDF
Pages: 175 pages
File Size: 1 mb
   Business/Investing The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy

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The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy

Wal-Mart is under attack--from labor unions, urban planners, globalization critics, and community activists. The company's detractors argue that Wal-Mart reduces living standards, hurts retail trade, causes unemployment, and relegates Third World workers to poverty. In the Wal-Mart Revolution, Richard Vedder and Wendell Cox examine Wal-Mart's true role in the economy. The authors look briefly at the history of retailing in America and the contributions made by James Penney and Frank Woolworth. Looking specifically at Wal-Mart, they review conditions before and after Wal-Mart entered a local market and look more broadly at Wal-Mart's impact on wages, productivity growth and inflation. Vedder and Cox show that the retailer has been a force for good.

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