The Wal-Mart Revolution
Richard Vedder talked about the book he co-wrote with Wendell Cox, The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy, published by AEI Press. Wal-Mart is the world’s largest retailer. In the book the available economic data was analyzed to determine Wal-Mart’s impact on consumers, employee wages and benefits (including health care), and local economies. Mr. Grossman said that Wal-Mart has changed since the death of its founder Sam Walton to a somewhat anti-consumer stance. He also criticized Wal-Mart’s employment policies and high employee turnover. Mr. Barone talked about positive attitudes toward Wal-Mart in poll results and about some attempts to unionize the company. He addressed the impact of the Wal-Mart issue on the 2008 elections. Mr. Hassett moderated. The participants responded to audience members' questions. close
People in this video
Michael Barone Senior Writer U.S. News and World Report
Andrew Grossman Founding Executive Director Wal-Mart Watch
Kevin A. Hassett Senior Fellow and Director American Enterprise Institute->Education Policy Studies
Richard K. Vedder Visiting Scholar American Enterprise Institute
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