Walmart is the world's largest company by revenue and largest private employer. It is criticized for extensive outsourcing, low rates of health insurance for employees, and resistance to unions. While Walmart stocks have provided high returns for investors over decades, its low prices have had human costs for workers like Robina Akhter in Bangladesh, who works 12-14 hours a day sewing clothes for just 14 cents an hour and risks physical abuse if her productivity declines. The document argues that Walmart's power ultimately comes from consumers who shop there.

1. THE EFFECT Key & misinterpreted facts from: Charles Fishman’s ‘The Wal-Mart Effect’, 2006

6. SO SIMPLE If you sell something at a really low price…

7. SO SIMPLE Wal-Mart will sell it even cheaper…

8. THIS IS ROBINA AKTHER She has worked at garment factory in Bangladesh

9. THIS IS ROBINA AKTHER She has sewed clothing for Wal-Mart… … working 12-14 hours a day

10. THIS IS ROBINA AKTHER Her wage was 14 cents / hour

11. THIS IS ROBINA AKTHER If she doesn’t sew 120 pants in an hour, her supervisor will beat her with the textile

12. THIS IS ROBINA AKTHER If she works like this for 50 years, she will earn a total of 16 200 USD. The Wal-Mart profit for 2005 is 19 597 USD…

13. THIS IS ROBINA AKTHER If she works like this for 50 years, she will earn a total of 16 200 USD The Wal-Mart profit for 2005 is 19 597 USD… … in a minute.

14. WHERE THIS POWER COMES FROM?

15. The Wal-Mart effect begins and ends in the store, while we do shopping.

16. This power comes from us.

17. Think before you go shopping in Wal-Mart next time.

18. Hristo Radichev [email_address] KonxOmpax.Wordpress.com