The Walmart Effect - New research suggests that the company makes the communities it operates in poorer

In the 1990s and early 2000s, before tech giants came to dominate the discourse about corporate power, Walmart was a hot political topic. Documentaries and books proliferated with such titles as Wal-Mart: The High Cost of Low Price and How Walmart Is Destroying America (And the World). The publicity got so bad that Walmart created a “war room” in 2005 dedicated to improving its image.....................They calculate that poverty increases by about 8 percent in places where a Walmart opens relative to places without one even when factoring in the most optimistic cost-savings scenarios.

https://www.theatlantic.com/ideas/archive/2024/12/walmart-prices-poverty-economy/681122/
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