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Wal-Mart: The Face of Twenty-First-Century Capitalism Kindle Edition

4.2 out of 5 stars 18 ratings

A collection of essays that “do an incredible job of balancing the wonders and horrors of the force that is Wal-Mart” (Booklist, starred review).
 
Edited by one of the nation’s preeminent labor historians, this book marks an ambitious effort to dissect the full extent of Wal-Mart’s business operations, its social effects, and its role in the United States and world economy.
Wal-Mart is based on a spring 2004 conference of leading historians, business analysts, sociologists, and labor leaders that immediately attracted the attention of the national media, drawing profiles in the New York Times, Los Angeles Times, and the New York Review of Books. Their contributions are adapted here for a general audience.
 
At the end of the nineteenth century, the Pennsylvania Railroad declared itself “the standard of the world.” In more recent years, IBM and then Microsoft seemed the template for a new, global information economy. But at the dawn of the twenty-first century, Wal-Mart had overtaken all rivals as the world-transforming economic institution of our time.
 
Presented in an accessible format and extensively illustrated with charts and graphs,
Wal-Mart examines such topics as the giant retailer’s managerial culture, revolutionary use of technological innovation, and controversial pay and promotional practices to provide the most complete guide yet available to one of America’s largest companies.
 
“Like archaeologists who pick over artifacts to understand an ancient society, the scholars here [are] examining Wal-Mart for insights into the very nature of American capitalist culture.” —
The New York Times
 
“Stimulating perspectives on the world’s largest corporation.” —
Publishers Weekly

Editorial Reviews

From Publishers Weekly

Culled from an April 2004 conference on Wal-Mart at the University of California, Santa Barbara, these essays can be redundant, but they offer stimulating perspectives on the world's largest corporation. The rise of Wal-Mart, declares editor Lichtenstein (Walter Reuther), has been abetted by a "southernized, deunionized, post–New Deal America," a business culture in which labor costs can be squeezed, even as a company promotes loyalty via "faux classlessness." Several chapters place these phenomena in context: describing how Wal-Mart represents both an extension of and a quantum leap from previous retail giants and how it places unprecedented price pressure on its suppliers. Wal-Mart saves consumers money, the contributors argue, but only by externalizing many social and economic costs, including benefits for its workers. One provocative chapter, based on anonymous worker sources, describes a workplace atmosphere of relentless stress and understaffing. Some interesting tidbits: Wal-Mart hit a wall trying to expand in Mexico and never gained traction in Germany, in both cases because of the countries' different socioeconomic structures. A final chapter, by a union organizer, proposes a "Wal-Mart Workers Association" for this infamously antiunion company. The association would gain 13,000 members if only 1% of the Wal-Mart workforce joined. (Jan.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist

*Starred Review* In April 2004, Lichtenstein, professor of history at the University of California, Santa Barbara, did something unusual: he invited his academic colleagues to attend a seminar on the largest corporation in America--Wal-Mart. These resulting 12 essays are the culmination of that meeting. The largest employer outside the U.S. government is examined here for the first time by a consortium of scholars rather than through the lens of the typical Wall Street business press. Bethany E. Moreton explores the origins of the company in tiny Bentonville, Arkansas, and describes the behemoth of mass merchandising as a paradox of small-town values and huge corporate efficiency. Edna Bonacich and Khaleelah Hardie investigate Wal-Mart's effect on the logistics of ports and containerized shipping and critique the company for lowering labor standards, driving mom-and-pop retailers out of business, and dictating costs and packaging standards to its suppliers. Brad Seligman looks at the continuing class-action suit that alleges a culture of discrimination against women. With numerous charts and graphs that keep the data flowing, this assemblage thoroughly dissects the Wal-Mart global high-tech phenomenon through overarching historical, cultural, and economic perspectives. Lichtenstein and friends do an incredible job of balancing the wonders and horrors of the force that is Wal-Mart. David Siegfried
Copyright © American Library Association. All rights reserved

Product details

  • ASIN ‏ : ‎ B0054JY6ZM
  • Publisher ‏ : ‎ The New Press (February 2, 2016)
  • Publication date ‏ : ‎ February 2, 2016
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 7.6 MB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 522 pages
  • Customer Reviews:
    4.2 out of 5 stars 18 ratings

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Nelson Lichtenstein
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Nelson Lichtenstein is Research Professor in History at the University of California, Santa Barbara. He is the author or editor of some 20 books in American politics, business, and labor history. His most recent book is A Fabulous Failure: The Clinton Presidency and the Transformation of American Capitalism. Lichtenstein's reviews and opinion pieces appear in The Nation, American Prospect, Dissent, Jacobin, New Labor Forum, The Washington Post, and the New York Times.

Customer reviews

4.2 out of 5 stars
18 global ratings

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Top reviews from the United States

  • Reviewed in the United States on July 6, 2022
    An interesting read. giving the history and business strategy of Wal-Mart. I fiound the book informative even though the data is old.

    Michael D
  • Reviewed in the United States on March 23, 2014
    Sure shop at the store that has no interest in the American worker. This book shows everyone how Wal-Mart really is.
    One person found this helpful
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  • Reviewed in the United States on November 18, 2013
    I love this book since it was a groundbreaking insight into the origins of Wal-Mart culture beyond the headlines!! Buy it!
  • Reviewed in the United States on June 10, 2006
    This may not be the book of essays that finally gets people up in arms against the Wal-Martization of the world but it contains much useful information for those are interested in that perspective.

    This writer has just received news that the Massachusetts Federation of Teachers (MFT) has voted to support the Wal-Mart boycott. Thus, the MFT joins a growing number of other unions union federations nationally and internationally in support of this first step in the struggle to organize Wal-Mart. Every militant is obliged to and must support this boycott as a first step in the struggle against this greedy mega-corporation. To list the egregious labor practices of this corporation is like reading pages from the history relating the sweatshop conditions of the American labor movement at the turn of the 20th century. These essays detail that exploitation. Whatever piddling savings one might receive by shopping at Wal-Mart is negated by the degradation of its labor force. It is high time for the labor movement to move on this outfit and move hard. The race to the bottom stops here.

    Whatever the practical effect of the boycott it can only be a first step in the ultimate union organization of Wal-Mart. A boycott is not enough! A consumer boycott, as has been shown by past practices, is only as effective as the diffuse shopping public is aware of it. In general, a consumer boycott has little or no effect at all. In any case it is not decisive. There is no short-cut to effective organization at the point of production and, particularly in the case of Wal-Mart, distribution. The leadership of the organized American labor movement (now centered in the AFL-CIO and Change to Win Coalition) has chiefly used to the tactic of boycott to avoid the hard struggle to unionize the workforce. In the final analysis only organization in the field will bring unionization.

    To organize Wal-Mart means there must be the will to organize Wal-Mart. It is necessary to go all out to win once the decision has been made to organize this monster along industrial lines, like the automobile industry in the 1930's. Previous local efforts (such as in Quebec and Texas) to organize particular stores have shown that this strategy (or lack of strategy) has been a failure. Wal-Mart is just too big and powerful to be taken on piecemeal. This writer has seen estimates that the number of field organizers necessary to effectively organize Wal-Mart is at least 3000. Militants must call on the organized labor movement to fund and sent out that number en masse. The time is now.

    Those even slightly familiar with the Wal-Mart operation know that the corporation has a fleet of at least 7000 trucks to transport and deliver goods to its various locations. This should make every militant salivate at the prospect of organizing that fleet. Militants must demand that the Teamsters International Union to organize the fleet. Know this, if the trucks, the key to the distribution process are unionized that is a very powerful argument in the workers' favor if a showdown with other parts of the Wal-Mart workforce is necessary. This writer suggests that militants read Teamster Rebellion and Teamster Power by Farrell Dobbs; a central organizer of the successful Teamster union drives in Minneapolis and later over the road drivers in the 1930's. (These books have been reviewed elsewhere in this space) One thing is sure, if it took practically a civil war to bring the relatively loosely organized trucking company bosses to their knees in the 1930's it will be 1000 times harder to do so against this monolithic giant. But the victory will be sweeter.
    5 people found this helpful
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  • Reviewed in the United States on August 6, 2009
    My review title pretty much says it all.

    One sided books are fine if not disguised. This book has an agenda, anti Wal-Mart and pro union. Facts contained are presented with all the reasons one should be anti Wal-Mart and pro union. Many facts aren't fact, like the statement that Asda took over J Sainsbury's in 2003 - didn't happen.

    As the world's largest and most successful retailer there are many more interesting books about Wal-Mart. Fine if you're anti Wal-Mart or pro union.......but don't preach, make a book, let me decide!
    3 people found this helpful
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