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Walmart

Submitted by dmg6151 on October 19, 2007

Category: Miscellaneous
Words: 1483 | Pages: 6
Views: 178
Popularity Rank: 44,323
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Negative effects of Wal-Mart
Imagine you are visiting one of the Natural Seven Wonders in the World, the pyramids and right next to the pyramids are a McDonald’s and a Wal-Mart. The traffic is horrendous and the set-up of these places have them looking the same way they do in America. Large corporations are not helping, but are hurting our economy and homogenizing the entire world. This concept is what one might call globalization.
“Globalization often functions as little more than a synonym for one or more of the following phenomena: the pursuit of classical liberal (or “free market”) policies in the world economy the growing dominance of western (or even American) forms of political, economic, and cultural life (“westernization” or “Americanization”).” (Scheuerman 2006) Globalization is a very controversial issue with many different opinions whether it exists and what it, it actually is. Whether or not it is globalization, two extremely large corporations Wal-Mart and McDonald’s are changing the way the rest of the world looks and runs. Both of these companies are perceived to be helping lower income families, but are really bringing a negative effect to the communtity around them.
Wal-Mart the leading discount retailer throughout North America and is beginning its impact on the rest of the world was established in Bentonville, Arkansas in 1962. Mr. Sam Walton the founder of Wal-Mart and his company came up slowly and it was not until the 1970s that his company. “In the 1980s, Wal-Mart becam a major player in the retail business. From 1980 to 1989, Wal-Mart’s sales jumped from $1 billion to 26 billion” (Wal-Mart.com 2007). Wal-Mart is currently selling in 13 markets across the world. Wal-Mart currently employs 1.8 billion employees worldwide. (Wal-Mart.com 2007) While this seems like the American Dream company it is not without its problems.
Most communities become excited when a Wal-Mart comes to their town. A person might...

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