Imported $15 billion in goods from China, 11% of the U.S. total
50% of Americans live within 5 miles of a Wal-Mart store and 90% live within 15 miles
What is the problem?
Wal-Mart has become a monopoly; they put other companies out of business with their “low prices”
They have very bad environmental protection policies
They outsource labor
They draw up false reports for foreign factories
They underpay their workers both here and abroad.
They pay illegal aliens to mop the floors.
Why does it happen?
Wal-Mart has become very greedy
They care more about profit than safe working conditions
They don’t care if local businesses are put out of business.
They have adopted a policy similar to mercantilism.
Wal-Mart's environmental policy is extremely lacking both in the U.S. and the rest of the world
As of 2005 there are 26,669,679 square feet of empty Wal-Mart buildings in the U.S – these buildings are so large they will most likely never be used again.
Wal-Mart stores store chemicals in the parking lots, from which they seep into local water tables. They often refuse to move these chemicals under shelter.
Most of Wal-Mart’s factories are in Latin America or China.
Workers must work 7 days a week, but they must tell inspectors that they only work 6 days a week.
Workers must pay rent to stay in company apartments, even if they don’t live in them. The money is taken out of their pay each month.
Working conditions are extremely hot
Each worker is given a fake pay slip to show to the inspector to make it look like they are being paid adequately.
Workers are told how to lie for the inspection
If they lie well they are rewarded, if not they are fired
Wages are $3.00 a day
Price to assemble a toy: 18 ¢
Cost to buy: $14.95
Workers in Bangladesh are paid 18¢ an hour
Wal-Mart is a perfect example of a business built on sweatshop labor
Parking Lot Crime
80% of crime committed at Wal-Mart are committed in the parking lots
People are raped, kidnapped, and murdered everyday in Wal-Mart parking lots where there is no security
Former Wal-Mart executive said “unfortunately for the customer they really don’t care what happens after you send your money and go out to the parking lot.”
What you can do!
Support local businesses
Refuse to shop at Wal-Mart
Get involved in your community and get people educated.
Useem, Jerry. "Should We Admire Wal-Mart? Some say it's evil. Others insist it's a model of all that's right with America. Who are we to believe?." CNNMoney.com . 8 Mar 2004. 3 Jun 2009 <http://money.cnn.com/magazines/fortune/fortune_archive/2004/03/08/363689/index.htm>.