Effects Of Walmart In America

Submitted By Hypnoticpg
Words: 1133
Pages: 5

Wal-Mart’s Effects on America Wal-Mart has a broad group of likes and dislikes from Americans, but after given the facts I can anticipate most would agree that Wal-Mart is troublesome for America. There are numerous ethical problems with Wal-Mart as well as numerous things that just don’t seem respectable with the company. Wal-Mart is nationally known for having terrible wages for their employees. I believe this is unethical mostly based on the fact that what Wal-Mart pays their full time employees is not enough for them to support and to live above the poverty level. The money a Wal-Mart employee makes in one year is several thousand dollars lower than the poverty line. Another problem reported with Wal-Mart is the working conditions. Employees at Wal-Mart have complained of being forced to work off the clock, have been locked in the building during night shifts, have had their overtime pay not paid in full, have had random wage decreases. Wal-Mart I has been accused of discriminating against females during the hiring process. Wal-Mart also has been documented for making employees miss their break/meal periods, as well as overlooking illegals being hired and forced to work for cheaper pay and longer hours. Wal-Mart wages are so low that many of its workers rely on food stamps and other government aid programs to fulfill their basic needs, a reality that could cost taxpayers as much as $900,000 at just one Wal-Mart Supercenter in Wisconsin, according to a study released by Congressional Democrats. According to the report, Wal-Mart had more workers enrolled in the state’s public health care program in the last quarter of last year than any other employer, with 3,216 people enrolled. When the dependents of those workers were factored in, the number of enrollees came to 9,207. If a Wal-Mart were to move into my neighborhood, there are a number of factors that would play into my choice of wanting the Wal-Mart or relocating elsewhere. A new Wal-Mart opening in my area would mean a variety of new jobs would be created, however If I lived in a small town or in an area that was not too populated this would probably be one of the few and only reasons I would have for a Wal-Mart opening up. However, small grocery store that used to get a lot of traffic now would lose a lot of business, due to the fact that a small business owner cannot compete with Wal-Mart’s prices. This would eventually drive that store out of business. As confirmed in many case studies within 5 years of a new Wal-Mart opening other supermarkets closes. Wal-Mart boasts that with a new store comes a lot of more jobs but when you dig deeper and look at what the true outcome is, Wal-Mart’s, one store, causes a chain reaction of store closings, resulting in more job lose, I think that America needs to regulate Wal-Mart and put much stricter rules on the company. I don’t see how anyone can think its fair for a company to pretty much be a monopoly type character, and control the market like they do. Wal-Mart controls about 30% of the market in household sales and sells 15% of all magazines and 15-20% of all Cds, videos, and DVDs, and Wal-Mart will soon control 35% of U.S. food sales. This is terrible for the economy and completely unethical and unfair for the rest of the market. Wal-Mart seems appealing for the consumer but completely screws over everyone else. I never understood the ethics and makeup of Wal-Mart until reading case studies and watching documentary videos. I was shocked as to how much Wal-Mart hurts the economy. I find it shocking how one store has so much affect on the market. They are out for profit increase and reason they have no social responsibilities other than to maximize profits. Yes, the function of a business organization is to make money; the owners of corporations employ executives to accomplish this goal, thereby obligating the managers to act in the interests of the owners. Wal-Mart completely fails the concept of the