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Walmart is a trade deficit against the local community. It is artificially low priced goods that form dependencies while it is the primary block of participation in the local economy. The most corrupt politicians exempt many locations from local taxes, while most Walmart employees are on government subsidies and well below the poverty line, creating a second wave of attack against the community. They are neo feudalism personified and a parasite in every region they exist. You don't shop at Walmart because it is value, you shop at Walmart because you have to and are dependent upon it. Yet you feel like there are no opportunities in your area. This is a big reason why. Your money goes out of your region as their profits, but you are bared from participating in your regional market. This kind of deficit will always make you poorer in an ongoing cycle that never stops.
The word you are looking for is "Oligopoly"
- a state of limited competition, in which a market is shared by a small number of producers or sellers.
And yes, they should. Our laws focus on Monopolies, but the big boys figured out a long time ago that if they let a single major competitor exist that the government cannot really touch them. This is why Target and Costco exist and Walmart does not do everything in their power to stomp them out.
Yup. I shop at Walmart out of desperation. I had stopped entirely for years after hearing that they have members of staff who go around from store to store to help get employees on food stamps. That and that they tell manufacturers what the price will be. That is not how commerce works.
My solution to the government assistance issue is a pretty straightforward answer. Revise corporate tax codes to include a reduction exempt line item that totals 2x the total value of all government assistance received by employees. Do not pass go, give us your $200. Food stamps exist to help families who are struggling, not as a corporate subsidy.
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hey cool, bots reposting bots reposting years old outdated infographics. From the copied reddit thread, this site apparently has more current info:
https://worldpopulationreview.com/state-rankings/largest-employer-by-state
Good not-a-bot. Thanks for the updated info. Bookmarking it for when I get into arguments about how the moves Amazon is making towards fully automated fulfilment canters is a death knell for the economy or why I refuse to use self checkout.
:::DIA makes sense, it takes a lot of people to dig bunkers for all the leadership of earth, then fly the soil to LA
Whenever I see a heat map about something I always note whether or not it depicts the Bible Belt.
This one does.
While everyone is talking about Walmart and universities I just see the reason the US will never have public health care
It's interesting as trivia, but single largest employer doesn't seem to mean that much given some of the results listed here.
Walmart is the world's third largest largest employer, only behind the Chinese and US governments.