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Latest Wal Mart Stores News
The store that ate the world Giant Wal-Mart does what it takes ... - San Francisco Chronicle
Several of its authors write about Wal-Mart's relationship to government and public policy. Editor Nelson Lichtenstein shows how the company's growth parallels the failure of Labor Law reform and enforcement in the '70s and '80s, and free trade legislation that makes importing products and exporting jobs easier. Bethany Moreton's excellent historical overview mentions that Wal-Mart founder Sam Walton's ancestors prospered with government land grants, subsidies and jobs, even though Walton's father wound up repossessing farms for a Mortgage company during the Depression. James Hoopes cites One of many government contributions to Wal-Mart today: the estimated $3 billion a year taxpayers spend on medical care, Food stamps and housing subsidies for Wal-Mart employees.
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