Talk:Walmarting

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Articles for deletion This article was nominated for deletion on 28/2/2006. The result of the discussion was no consensus.

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[edit] References needed

I went ahead and referenced the usage, but need help from the authors of the other sections on their references. If you use the templates found at the following where you insert each footnote, the reference section will generate automatically. Thanks!--Beth Wellington 04:14, 1 May 2006 (UTC)

http://en.wikipedia.org/wiki/Wikipedia:Template_messages/Sources_of_articles/Generic_citations

I am marking this article as {{citation style}} due to its citation style being inconsistent throughout the module and being inconsistent with the MOS. I am also marking the Background section as {{unreferenced}} because it doesn't appropriately cite from anything. Tuxide 01:11, 19 August 2006 (UTC)

[edit] Original version nominated for deletion

I am preserving here the article as it was written at the time of the AfD, so that anything I deleted which the original author wishes to reformulate can be easily accessed. I think that it did not read like an encyclopedia article. It also wasn't NPOV--Beth Wellington 18:11, 4 March 2006 (UTC)

Walmarting, a newly formed verb, meaning a certain way corporations can operate in, derived from the business idea of the American food chain Walmart. A verb closely connected with "globalization".


[edit] Description and definition:

Walmarting resulted from the effective application of textbook optimization concepts from logistics, purchasing and finance to bring consumers 'everyday low prices'. The low prices had a hidden cost of moving lots of jobs to the developing world. From a global point of view, everyone benefited. From an individual point of view, we had some winners and some losers.

The 'Walmart' concept has worked in one industry after another and resulted in what we call 'globalization'. Since the 'free world' runs on the capitalist system, it is unlikely to put the 'Walmart' cat back in the 'nationalistic' bag. It has become a 'winner take all' system in the corporate world, just like rock stars. Stopping this system would require that governments use more control and power in economic affairs and the allocation and redistribution of resources and profits. (Quote from Bob K.)


[edit] How it works (a critical view):

1. They buy a lot of their products from the cheapest labor sources in the world, $ a day labor in China being the primary conduit.

2. They do not provide decent pay or benefits to the low income labor force they employ, they are non-union and typically operate at 2/3 the pay structure of say a major grocery store competitor.

In a town we have several major grocery stores, with union employees. Groceries in American are cheap. But cashiers and other store employees are well represented and get both good benefits and decent pay, so much so that these jobs represent a decent career path for high school educated labor. Enter in Walmart, 2/3 the pay, almost no health benefits... they undersell the competitors and force them to impose drastic pay cuts on their work force, on the scale of hundreds of stores and thousands of employees, literally. (Partly quoted from D.M)

[edit] External links