The retail revolution: how Wal-Mart remade American business, transformed the global economy, and put politics in every store
The definitive account of how a small Ozarks company upended the world of business and what that change means
Wal-Mart, the world’s largest company, roared out of the rural South to change the way business is done. Deploying computer-age technology, Reagan-era politics, and Protestant evangelism, Sam Walton’s firm became a byword for cheap goods and low-paid workers, famed for the ruthless efficiency of its global network of stores and factories. But the revolution has gone further: Sam’s protégés have created a new economic order which puts thousands of manufacturers, indeed whole regions, in thrall to a retail royalty. Like the Pennsylvania Railroad and General Motors in their heyday, Wal-Mart sets the commercial model for a huge swath of the global economy.
In this lively, probing investigation, historian Nelson Lichtenstein deepens and expands our knowledge of the merchandising giant. He shows that Wal-Mart’s rise was closely linked to the cultural and religious values of Bible Belt America as well as to the imperial politics, deregulatory economics, and laissez-faire globalization of Ronald Reagan and his heirs. He explains how the company’s success has transformed American politics, and he anticipates a day of reckoning, when challenges to the Wal-Mart way, at home and abroad, are likely to change the far-flung empire.
Insightful, original, and steeped in the culture of retail life, The Retail Revolution draws on first hand reporting from coastal China to rural Arkansas to give a fresh and necessary understanding of the phenomenon that has transformed international commerce.
|Grouped Work ID||1f8c7579-68dd-706d-ca24-420fe68a4d55|
|Grouping Title||retail revolution how wal mart remade american business transformed the global economy and put polit|
|Grouping Author||lichtenstein nelson|
|Last Grouping Update||2019-12-18 17:22:13PM|
|Last Indexed||2020-01-25 04:44:19AM|
|detailed_location_arlington||Columbia Pike Adult Nonfiction|
|owning_library_arlington||Arlington Public Library|
Connection Crystal City
|subject_facet||Discount houses (Retail trade) -- United States -- Management|
Retail trade -- United States -- Management
|title_display||The retail revolution : how Wal-Mart remade American business, transformed the global economy, and put politics in every store|
|title_full||The retail revolution : how Wal-Mart remade American business, transformed the global economy, and put politics in every store / Nelson Lichtenstein|
|title_short||The retail revolution|
|title_sub||how Wal-Mart remade American business, transformed the global economy, and put politics in every store|