All posts in tag: Walmart

Sylvia Allegretto The wrecking ball

The destruction caused by the bursting of the housing bubble and the subsequent Great Recession continues to wreck havoc on our economy, communities, families and workers. Last month, the Federal Reserve released 2010 data from its Survey of Consumer Finances (SCF). This triennial survey, one of the best sources on … More >

Sylvia Allegretto The few, the proud, the very rich

Much of the current political and popular discourse has focused on inequalities that exist in the U.S. In particular the Occupy movement has brought the huge disparities in wealth to the forefront. There are a few questions floating around about wealth. First, how skewed is the distribution? Second, it is … More >

Ken Jacobs Balancing economic development and social welfare in South Africa: The Walmart/Massmart merger

I was invited to South Africa earlier this month to participate in a Competition Tribunal about a proposed merger of Walmart and South African chain Massmart. Facing falling sales in the U.S., Walmart seeks a stake in emerging African markets, and last September offered $4 billion to purchase a controlling … More >

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