New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.
New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.
Makes sense, the wealth isn’t staying wherever the Walmart is, it’s going to the family that owns them all.
Money that would have otherwise ended up more locally, with businesses that would have paid and supported their workers better.
This logic applies to every corporation. There’s nothing unique about what the Walton’s are doing.