Wal-Mart: The Real Story

In a country where the economy is presently in complete disarray, people are looking at every possible way to budget better, cut previous costs, and save as much money as possible. This problem, coupled with our consumer-driven economy, causes people to put a higher importance on monetary price than actual cost. This is not something that needs to be addressed on a small-scale, individual level either, because it is our nature as humans to be concerned with self-preservation; it is an issue that needs to be looked from a larger standpoint, a more GLOBAL standpoint if you will.

It isn't just us as individuals who are trying to look for the cheaper price in everything either. Businesses are just like individuals on a larger, more money-driven scale. Businesses, just like individuals, are looking for the cheapest way to keep themselves alive, and this simple factor is what keeps the globalization (especially Wal-Mart) trend ongoing.

With cheap labor being the root to cheaper prices, Wal-Mart continues to dominate the business world. So much so that some business analysts have even gone as far to say that Wal-Mart has the ideal business model, and although some of its practices might be questionable, every business uses Wal-Mart as a model for how to run things in the most cost-efficient way. The connection between globalization and cheap labor works in and of itself and is so intertwined that overtime, the bond between the two will only get stronger. Businesses go global to find cheap labor, and the more and more global access bigger businesses (like Wal-Mart) have, the more and more cheap labor those businesses have access to. So instead of buying products that have been made in our own country and supporting manufacturers here, people are buying the cheaper item, even if it was made by a sweatshop worker in China.

With all this info, the solution seems simple; buy American products, put money back into our economy. Put money back into our economy, end recession. A simple, two-step process to success that is hindered by our want (maybe even constructed need) to save money in the short run without thinking about the bigger picture.



Click HERE to open the feedback tool.