The Effect Of Wal-Mart On America's Economy

132 Words1 Page
Rising income inequality and wage stagnation threaten the future of America’s middle class. While corporate profits break records, the share of national income going to workers’ wages has reached record lows. Wal-Mart plays a leading role in this story. Its business model has long relied upon strictly controlled labor costs: low wages, inconsiderable benefits and aggressive avoidance of collective bargaining with its employees. As the largest private-sector employer in the U.S., Wal-Mart’s business model exerts considerable downward pressure on wages throughout the retail sector and the broader economy. This model has multiplied across the sector. While employers like Wal-Mart seek to reap significant profits through the depression of labor

More about The Effect Of Wal-Mart On America's Economy

Open Document