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Essay on Is Wal-Mart good for America
Wal-Mart, of course, leader of the Fortune 500 list and the largest employer in America (next to the government, that is). Wal-Mart is also the largest employer in Mexico (again, next to the government). The company has 1.4 million employees worldwide, and it has made its investors a ton of money. In brief, this is a classic American success story, and free-market success story. The company says, essentially, that it does the service of employing over a million people, and of supplying high-quality goods at rock-bottom prices to many millions more. That is a bad thing? Critics like to contend that Wal-Mart employees live "paycheck to paycheck"; that is not true. But what is true surely truer is Wal-Mart's rejoinder: "We are the store of countless people who live paycheck to paycheck, wanting and needing decent products at decent prices”.( Drucker, Peter F.)
A lot of people oppose to a Wal-Mart in their society, but most people welcome it they are just not the activist type, and rarely write articles for the newspaper or transport commentaries on public television. Some of us have a romantic feeling about Mom-'n'-Pop stores: but people vote with their feet, and they are not, most of them, voting for Mom 'n' Pop. Besides which, how many people did Mom 'n' Pop employ, and what sort of benefit package did they offer them? About health insurance: More than 90 percent of Wal-Mart employees have it. Fifty percent of those employees get their insurance through the company; and the rest get it through.( Drucker, Peter F.) Well, teenagers get it through their parents; others are covered by their spouse's plan; senior citizens have Medicare, or benefits from a previous employer. There are alternatives. Wal-Mart is a huge employer of the young those wanting their first jobs and the old (those in retirement, or semi-retirement, wanting to keep a hand in, to intermingle with the folks)....
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