To those that love walmart.....
Walmart is the ULTIMATE example of self fulfilling need, and perpetual downfall. You THINK you are getting paid, but you really AREN'T! You THINK they are creating jobs, but they AREN'T! As for their being a sweatshop? They enslave EVERYONE! Even those that think they are HIGHLY paid, even if "paid" $100,000USD/year are SLAVES!
So HOW could this be? HOW does this happen? WHY does my post sound so STUPID? Economics 101! Please follow!
YOU work there because you are paid. They keep costs down by paying LESS because of the huge volume, lack of competition, and low prices! *****YOU***** help them in this by working for them. OK, sounds ok, right? Just wait.....
Their competitors are hurt, have to cut back, and eventually go out of business. MORE people go out of work. Fewer shipments must be directed, so MORE people go out of work. They start ordering more offshore so more companies get hurt and MORE people go out of work. They can later raise prices, and you have NO CHOICE! This means fewer options for you(Meaning you can buy less), inflation(making your money worth less), and the country(ESPECIALLY big and relatively high living standard countries such as the US) gets hurt!
BTW much of this has happened and/or is happening, and other stuff has happened historically!
Steve