Thursday, December 26, 2019
Small Business and Market Materialism Uber - 1008 Words
Labouring The Walmart Way Wal-Mart is not just the worlds largest retailer. Its the worlds largest company--bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what number-two retailer Home Depot sells in a year. And in its own category of general merchandise and groceries, Wal-Mart no longer has any real rivals.Wal-Mart wields its power for just one purpose: to bring the lowest possible prices to its customers.Deenu Parmar presents the fact as people will still continue shopping at Walmart without being concerned about their policies for their employees.Wal-Mart is a success because it sells products that peopleâ⬠¦show more contentâ⬠¦This means that nearly $660,000 in wages is lost annually. Walmart may say they help people Live Better, But this study shows that communities will be much worse off, with lower wages and less money in the community. WalMart doesnââ¬â¢t produce new technology or innovations that improve the quality of life. It takes business from existing firms by offering the same merchandise cheaper. Thatââ¬â¢s all it does.It does increase the wealth of shoppers by allowing them to buy things at lower cost. But the major expenditures of a family arenââ¬â¢t for WalMart items; WM doesnââ¬â¢t sell houses, cars, or health care. WalMart is both a cultural symbol and is an economic force that proclaims free market materialism uber alles. It destroys other institutions based on relationships of human connection and solidarity -- be they neighborhood businesses or unions. WalMart helps transform people into anomic creatures whose lives are dominated by the search for bargains -- at whatever social cost.As long as we, the consumer, allow Wal-Mart to follow its current trend of undercutting and annihilation of small businesses, Wal-Mart will continue to destroy its communities, lie and turn a handsome profit at the expense of our welfare. If people were only consumers, buying things at lower prices would be just good. But people also are workers who need to earn a decent standard of living, says economist Larry Mishel ofShow MoreRelatedThe Sustainable Century By Design Or Disaster9705 Words à |à 39 PagesContents Introduction ââ¬â The Sustainable Centuryâ⬠¦ or not ............................................................... 3 Chapter One - Market Signals ââ¬â The Lifeblood of Sustainable Capitalism ..................................................................................................................................... 12 Listening to a Sustainability Market Signal Moment ..................................................................... 16 Conflict Free Oil? ...........................Read MoreThe Sustainable Century By Design Or Disaster9705 Words à |à 39 PagesContents Introduction ââ¬â The Sustainable Centuryâ⬠¦ or not ............................................................... 3 Chapter One - Market Signals ââ¬â The Lifeblood of Sustainable Capitalism ..................................................................................................................................... 12 Listening to a Sustainability Market Signal Moment ..................................................................... 16 Conflict Free Oil? ...........................Read MoreThe Different Purchase Motivation Of Consumers Who Seek Accommodations Essay9653 Words à |à 39 Pagesof European cities and U.S., which impose on the traditional hotel chain within hospitality market (Interian, 2016). Due to these reason, different consumer would have different choice when they purchase accommodation, such as traditional five-star hotel and Airbnb accommodation. Consequently, understanding tourist consumer behavior and marketing is significant for hosts and hotels expand the potential market in the hospitality industry. To investigate the motivation of customers who choose accommodation
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