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More copies of this ISBN:The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economyby Richard Vedder
Synopses & ReviewsBook News Annotation:Vedder (economics, Ohio U.) and Cox (an international public policy
consultant) argue that Wal-Mart and other so-called "big box" stores
have had generally positive economic effects for the American
population and increasingly for the rest of the world as well. They
point to customer savings, comparable market wages, expanded consumer
choice, and expanded employment as primary effects of the "Wal-Mart
Revolution." They further dismiss criticisms of Wal-Mart's role in
encouraging urban sprawl, support Wal-Mart's entry into banking, and
argue against most (if not all) policy recommendations of Wal-Mart's
critics.
Annotation ©2007 Book News, Inc., Portland, OR (booknews.com) Synopsis: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. What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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