Read The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and How It's Transforming the American Economy by Charles Fishman Free Online
Book Title: The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and How It's Transforming the American Economy|
The author of the book: Charles Fishman
Edition: Penguin Press HC, The
Date of issue: January 19th 2006
ISBN 13: 9781594200762
Format files: PDF
The size of the: 996 KB
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Reader ratings: 6.7
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Having a family in the grocery business (and being a product of one of the most economically distraught states in the country-Michigan) of course likely aroused my interest in this book more than most. But, as the book so thoughtfully and throughly puts forward, Wal-Mart truly affects us all, whether we shop there or not. Now don't think that this book was simply one big stoning fest at Wal-Mart, it's not. The author covers the positive and the negative of this the largest company in the country. I was pleased to hear how Wal-Mart has actually stream lined the methods of product distribution and prompted the cut down in unnecessary product packaging. Beyond the more publicized stories of how Wal-Mart has facilitated the exportation of jobs and closing of mom and pop stores, I found it really interesting to read about the more hidden and at times subtle influences of Wal-Mart. Most of all how they have really changed our expectations of products; how products are more cheaply made, and that is what we expect. So we aren't surprised when our toasters last only one or two years and we have to get a new one. We don't complain because it was inexpensive to begin with, what's so big about buying another one? (except that adds volume to our landfills). But you know a better toaster can be made, shoot I think my mom is still using the one she got in the early '60s.
It's overwhelming to try and summarize how the volume and dominance of Wal-Mart as a retailer and it's low pricing philosophy affects the environment, Wal-Mart employees, medicare, manufacturers, harvesters, factory workers, fisherman, farmers, everyone all the way down the production food/product chain. And with that the ultimate potential that Wal-Mart has to change and improve how we produce goods.
The book was written in 2006. There was an afterward that addressed Wal-Mart's response to the book. It did seem to prompt some ideas of change in their policies, ok, we'll see.
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Read information about the authorAs a reporter, Charles Fishman has tried to get inside organizations, both familiar and secret, and explain how they work.
In the course of reporting about water to write The Big Thirst, Fishman has stood at the bottom of a half-million-gallon sewage tank, sampled water directly from the springs in San Pellegrino, Italy, and Poland Spring, Maine, and carried water on his head for 3 km with a group of Indian villagers.
Fishman’s previous book, the New York Times bestseller The Wal-Mart Effect, was the first to crack open Wal-Mart’s wall of secrecy, and has become the standard for understanding Wal-Mart’s impact on our economy and on how we live. The Economist named it a “book of the year.”
Fishman is a former metro and national reporter for the Washington Post, and was a reporter and editor at the Orlando Sentinel and the News & Observer in Raleigh, NC. Since 1996, he has worked for the innovative business magazine Fast Company. Fishman has won numerous awards, including three times receiving UCLA’s Gerald Loeb Award, the most prestigious award in business journalism.
Fishman grew up in Miami, Florida, and went to Harvard. He lives outside Philadelphia with his wife, also a journalist, their two children, their two Labradors, and their two parakeets. He likes his water from the refrigerator spigot, with ice, or splashing across the bow of a Sunfish.