"Within
a few years, studies estimate that at least twenty cents of every retail
dollar spent in the United States will be spent at Wal-Mart..."
"After
smaller businesses go under, small to medium size communities become become
dependent on the product offerings at Wal-Mart for their consumer needs.
Studies have shown that within a five year period after Wal-Mart sets
up shop, "stores within a 20-mile radius suffer an average 19 percent
loss in retail sales." This is more than enough to put most mom
and pop stores out of business..."
Issues re expanding global corporate influence in society

Numerous
multinational corporations (MNCs), including Wal-Mart, have annual sales
greater than the gross domestic product of the majority of countries in
the world. This implies that MNCs are potentially becoming more powerful
than national and local governments. This shift in power, in many instances,
allows corporations to have an increasingly stronger influence on social,
political, and economic aspects of people's lives. What
are the responsibilities of a corporation, especially one as large as
Wal-Mart? Should a corporation be concerned with the effects it has on
a society, ecosystem, or community? What are the rights of communities
when it comes to allowing or not allowing businesses into their area?
What are the policy implications |