The the Wal-Mart Revolution: How Big-Box Stores Benefit Consumers, Workers, and the Economy by Richard Vedder (Paperback, 2006)
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About this product
- DescriptionThe activities of Wal-Mart and other big-box retailers have become rallying cries for both sides of the political aisle. This book is aimed at those involved in debates over Wal-Mart's impact on worker wages, labor issues, and health-insurance and land-use policies. The Wal-Mart Revolution provides useful facts about the company, the U.S. retail industry, labor ecomics, health-care policy, and land-use realities in America today. Ecomist Richard Vedder and public-private partnerships expert Wendell Cox painstakingly analyze available evidence before concluding that the ecomic transformation in American retailing which is personified by Wal-Mart has largely been good for Americans and the ecomy. Wal-Mart's basic business strategies have had a profoundly positive impact on America's productivity, wages, consumer prices, and other key ecomic variables. Though the book was written without any cooperation from Wal-Mart, Vedder and Cox address several criticisms often lobbed at the company and demolish them one-by-one: _ Wal-Mart workers are paid fairly--given their level of skills and experience, and compared to other retail firms, Wal-Mart employees do well _ Wal-Mart's fringe benefits_health-care coverage, retirement benefits, and more-_are similar to those of other retail firms, and very few Wal-Mart workers go without health insurance _ Big boxes mean big business: communities with new Wal-Mart stores typically enjoy increased employment and incomes after the store opens _ Wal-Mart benefits the poor, in particular, in the form of lower prices and new job opportunities _ Attempts to keep Wal-Mart out of communities through zoning restrictions, mandatory health insurance, or special high minimum wages hurt citizens, especially those with lower incomes
- Author BiographyRichard Vedder is a visiting scholar at AEI, and director of the Center for College Affordability and Productivity in Washington, D.C. Wendell Cox is an international public policy consultant and principal of Wendell Cox Consultancy (Demographia).
- Author(s)Richard Vedder
- PublisherAEI Press
- Date of Publication13/12/2006
- SubjectManagement & Business: General
- Place of PublicationWashington DC
- Country of PublicationUnited States
- ImprintAEI Press
- Content Noteillustrations
- Weight331 g
- Width155 mm
- Height230 mm
- Spine19 mm
- Format DetailsTrade paperback (US)
- Edition Statementannotated edition
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