The Wal-Mart effect: how the world's most powerful company really works, and how it's transforming the American economy

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An award-winning journalist breaks through the wall of secrecy to reveal the many astonishing ways Wal-Mart's power affects our lives and reaches all around the world. The Wal-Mart Effect: The overwhelming impact of the world's largest company--due to its relentless pursuit of low prices--on retailers and manufacturers, wages and jobs, the culture of shopping, the shape of our communities, and the environment; a global force of unprecedented nature. Wal-Mart is not only the world's largest company; it is also the largest company in the history of the world. Americans spend $26 million every hourat Wal-Mart, twenty-four hours of every day, every day of the year. Is the company a good thing or a bad thing? On the one hand, market guru Warren Buffett estimates that the company's low prices save American consumers $10 billion a year. On the other, the behemoth is the #1 employer in thirty-seven of the fifty states yet has never let a union in the door. Though 70 percent of Americans now live within a fifteen-minute drive of a Wal-Mart store, we have not even begun to understand the true power of the company and the many ways it is shaping American life. We know about the lawsuits and the labor protests, but what we don't know is how profoundly the "Wal-Mart effect" is shaping our lives. Fast Companysenior editor Fishman, whose revelatory cover story on Wal-Mart generated the strongest reader response in the history of the magazine, takes us on an unprecedented behind-the-scenes investigative expedition deep inside the many worlds of Wal-Mart. He reveals the radical ways in which the company is transforming America's economy, our workforce, our communities, and our environment. Fishman penetrated the secrecy of Wal-Mart headquarters, interviewing twenty-five high-level ex-executives; he journeyed into the world of a host of Wal-Mart's suppliers to uncover how the company strong-arms even the most established brands; and journeyed to the ports and factories, the fields and forests where Wal-Mart's power is warping the very structure of the world's market for goods. Wal-Mart is not just a retailer anymore, Fishman argues. It has become a kind of economic ecosystem, and anyone who wants to understand the forces shaping our world today must understand the company's hidden reach.
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ISBN:
9781594200762
9781400122233
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Grouping Information

Grouped Work ID 76b73b05-2dd9-f440-4c08-6a5af5463aa7
Grouping Title wal mart effect how the worlds most powerful company really works and how its transforming the ameri
Grouping Author fishman charles
Grouping Category book
Last Grouping Update 2018-07-15 23:02:48PM
Last Indexed 2018-07-15 23:41:16PM

Solr Details

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author Fishman, Charles, 1961-
author_display Fishman, Charles
available_at_catalog Main Kids, Main Library
collection_catalog Non-Fiction
detailed_location_catalog Main Library - Adult Non-Fiction
display_description

Award-winning journalist Charles Fishman reveals that what we know about Wal-Mart isn't even half of the real story-the company is now so powerful that it has become a kind of economic ecosystem that affects our everyday lives, even if we don't shop at Wal-Mart. In contrast to recent polemics, The Wal-Mart Effect offers the first truly fair, thought provoking look at the hidden reach and transformative power that is "the Wal-Mart effect."

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literary_form_full Non Fiction
local_callnumber_catalog 381.149 F5376w
owning_library_catalog Nashville Public Library
owning_location_catalog Main Kids, Main Library
primary_isbn 9781594200762
publishDate 2006
record_details ils:CARL0000262927|Book|Books||English|Penguin Press,|2006.|294 p. ; 25 cm., overdrive:0b6ab5ca-1e53-4b7f-912d-6a590183eccd|eAudiobook|Audio Books||English|Tantor Media||
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subject_facet Discount houses (Retail trade) -- United States, Wal-Mart (Firm)
title_display The Wal-Mart effect : how the world's most powerful company really works, and how it's transforming the American economy
title_full The Wal-Mart Effect How the World's Most Powerful Company Really Works--and How It's Transforming the American Economy, The Wal-Mart effect : how the world's most powerful company really works, and how it's transforming the American economy / Charles Fishman
title_short The Wal-Mart effect :
title_sub how the world's most powerful company really works, and how it's transforming the American economy
topic_facet Business, Discount houses (Retail trade), Management, Nonfiction