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While single-handedly holding down the inflation rate for the past decade, Wal-Mart has also successfully eliminated thousands of jobs, while treating its employees poorly and abusing federal and state funding to help boost profits.
Jobs are Migrating South
"There is no questioning the company's incredible efficiency and shrewd market sense. The innovative business strategy of Sam Walton has transformed the retail industry. But along the way his successors have lost track of the community and worker focused values on which Walton built his success." (UFCW, 2005) After marveling in the success of the largest corporation in the world, one only needs to look at the economic impact on small mom and pop shops and even into large corporations that have crumbled under the "Wal-Mart effect...
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