The Walmart Effect - New research suggests that the company makes the communities it operates in poorer [View all]

In the 1990s and early 2000s, before tech giants came to dominate the discourse about corporate power, Walmart was a hot political topic. Documentaries and books proliferated with such titles as Wal-Mart: The High Cost of Low Price and How Walmart Is Destroying America (And the World). The publicity got so bad that Walmart created a “war room” in 2005 dedicated to improving its image.....................They calculate that poverty increases by about 8 percent in places where a Walmart opens relative to places without one even when factoring in the most optimistic cost-savings scenarios.

https://www.theatlantic.com/ideas/archive/2024/12/walmart-prices-poverty-economy/681122/
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