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The Wal-Mart Effect: How the Worlds Most Powerful Company Really Works--and HowIts Transforming the American Economy
The Wal-Mart Effect: How the Worlds Most Powerful Company Really Works--and HowIts Transforming the American Economy by Charles Fishman 1594200769 9781594200762
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The Wal-Mart Effect: How the Worlds Most Powerful Company Really Works--and HowIts Transforming the American Economy by Charles Fishman

An award-winning journalist breaks through the wall of secrecy to reveal the many astonishing ways Wal-Marts power affects our lives and reaches all around the world. The Wal-Mart Effect: The overwhelming impact of the worlds largest company--due to its relentless pursuit of low prices--on retailers and manufacturers, wages and jobs, the culture of shopping, the shape of our communities, and the environment; a global force of unprecedented nature. Wal-Mart is not only the worlds largest company; it is also the largest company in the history of the world. Americans spend $26 million every hourat Wal-Mart, twenty-four hours of every day, every day of the year. Is the company a good thing or a bad thing? On the one hand, market guru Warren Buffett estimates that the companys low prices save American consumers $10 billion a year. On the other, the behemoth is the #1 employer in thirty-seven of the fifty states yet has never let a union in the door. Though 70 percent of Americans now live within a fifteen-minute drive of a Wal-Mart store, we have not even begun to understand the true power of the company and the many ways it is shaping American life. We know about the lawsuits and the labor protests, but what we dont know is how profoundly the Wal-Mart effect is shaping our lives. Fast Companysenior editor Fishman, whose revelatory cover story on Wal-Mart generated the strongest reader response in the history of the magazine, takes us on an unprecedented behind-the-scenes investigative expedition deep inside the many worlds of Wal-Mart. He reveals the radical ways in which the company is transforming Americas economy, our workforce, our communities, and our environment. Fishman penetrated the secrecy of Wal-Mart headquarters, interviewing twenty-five high-level ex-executives; he journeyed into the world of a host of Wal-Marts suppliers to uncover how the company strong-arms even the most established brands; and journeyed to the ports and factories, the fields and forests where Wal-Marts power is warping the very structure of the worlds market for goods. Wal-Mart is not just a retailer anymore, Fishman argues. It has become a kind of economic ecosystem, and anyone who wants to understand the forces shaping our world today must understand the companys hidden reach.

Author: Charles Fishman

Language: English

Edition: First Edition

Binding: Hardcover

Pages: 304

Publisher: Penguin Press HC, The

Publication Date: 2006-01-19

Our Price: $3.85

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ISBN: 1594200769


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Charles Fishman (Edition: First Edition) Hardcover

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