Essay On Walmart And Globalization

Purpose:

The purpose of this presentation is to address the global issue with poverty and low wages. How it can have a negative consequence, which could affect communities on a political and social level. Most importantly, the domino effect is clear where you find poverty you see lack of education, which produce lack of opportunity and any other beneficial living norms.

Hypothesis:

I believe that inequality in the labor market has increased over the years. The Underdeveloped countries are at the very bottom of the global economy, with widespread extreme poverty and dire living conditions. They usually have little or no infrastructure or reliable health and other social services. I hypothesize that international trade has its effect on globalization; it may have important implications for distributions or income because it often

There are many Walmart’s in the United States 4,672 is a rough estimate. Even though there are many out there, Walmart employees are paid low wages. Its low prices are possible Due to the low wages it pays it workers. “Wal-Mart and its apologists claim that these low prices are saving people hundreds of billions of dollars a year. But the truth is that Wal-Mart’s low prices serve the entire capitalist class in the United States. They drive down the cost of the means of subsistence and thus make it easier for the bosses to lower wages” (Goldstein, 2008, p.92). Some of the wages that the employees are receiving are $8-$10 an hour. How family are supposed to survive on such salary? Some employees do not even get the chance to take any breaks sometimes. I have worked in retail and if I am not mistaken not all employees in retail gets a full 40 hr. a week only the supervisors and managers ,some depending on the schedule can barely even get twenty five hour in a week. Wal-Mart has been sued for sex discrimination because two thirds of its workers are women. They also have abused undocumented