The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and HowIt's Transforming the American Economy (Anglais) Broché – 26 décembre 2006
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Description du produit
Revue de presse
Highly readable, incisive, precise, and even elegant. (San Francisco Chronicle)
The Wal-Mart Effect is an interesting look at how big corporations affect our planet in positive and negative ways. The strength . . . is in the stories about the lives that Wal-Mart has touched, set against the backdrop of an astounding array of data. (USA Today)
The Wal-Mart Effect saunters through the influential economic ecosystem that the discount chain represents with clarity, compelling nuance, and refreshing objectivity. (The Christian Science Monitor)
A must-read if one is even to begin understanding the global dominance of Wal-Mart. (The Washington Post)
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Midwest Independent Research, educational websites. Consumerism, mwir-consumerism.blogspot. There is a book list here.
In some ways Wal-Mart the corporation can seem like an evil empire. They've had a lot of issues with treatment of employees over the years, made more difficult now that employees cannot supplement their income as they did before through stock purchases. The corporate brass won't even tell how many stores they have and where they're located. The level of secrecy once you get past the visible store personnel is surprising.
I learned the retailing economic system was fragile when several new vendors were followed through their experience selling to Wal-Mart. They were routinely forced to compete at the volume that Wal--Mart controlled in exchange for such price concessions that they could only make it on volume. The result was a change in the market perception. This is part of what they call the Wal-Mart effect.
Wal-Mart uses globalization to minimize expenses mainly though the great labor arbitrage. This really works out well if you're a shareholder. For others, it doesn't seem to work out in a sustainable way. Meanwhile, Americans get tons of items for real cheap, including many staples.
My main complaint is that the writer at times speaks of some of what we might call the company's evils in a most dispassionate manner. At the time of reading, this feels like he is implicitly condones the actions of the companies and its suppliers (even though its clear the suppliers have little option in going along with WalMart).
Overall, I think the objectivity of the author plays a key part on the effectiveness of the book. His bias is in the pages, but they do not yell too loud. Anyone looking int the effect of late twentieth century capitalism on America would be well served to read this book.
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