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How Walmart Has Changed America Essay

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How Walmart has Changed America On July 2, 1962, Sam Walton opened the first Walmart in Rogers, Arkansas. Walmart’s story is the story of American capitalism. According to a 2012 study, more than 140 million Americans shop at Walmart each week. That’s more than how many people were at the 2012 Super Bowl. But there’s more to Walmart than what is on the surface. In this essay, I want to talk about and present the company’s actions. Walmart has destroyed tens of thousands of small businesses and countless manufacturing jobs over many years. According to a study done in 2012, the US has lost over 56,000 manufacturing facilities since 2001. 85% of what is sold at Walmart is made overseas. 80% of Walmart suppliers are in China. Our economy is being …show more content…

Those actions have eliminated good paying jobs and lowered labor standards throughout the entire company. Walmart could afford to take the right approach and encourage great manufacturing jobs with better wages and paying its own employees, but choose not to. Walmart hurts local communities and drives out small businesses. “In the old days you actually support a family selling electronics or running a general store. But you can’t support a family working at Walmart. The vast majority of the jobs that Walmart create are very low paying. Large numbers of Walmart employees are on welfare, and this is part of the reason why we have seen an expansion in the number of the working poor in America.’-economyincrisis.org Walmart was estimated to cost an additional 9 million dollars in state health care costs and a loss in pensions and retirement benefits. An amount so large that increased sales and property tax could not cover the cost. The company uses foreign labor, including child workers, and sweatshops. This creates a hard life for those who are forced to meet Walmart’s needs. The company has been accused of paying officials in foreign companies in order to keep many details silent. But, we cannot know if those allegations are

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