Is Walmart good for America ( PBS Frontline)
FRONTLINE explores the relationship between U. S. job losses and the American consumer s insatiable desire for bargains. Hedrick Smith examines the growing controversy over the WalMart way of doing business and asks whether a single retail giant has changed the American economy. WalMart has dramatically changed the balance of power in the world of business. Retailers are now more powerful than manufacturers, and they are forcing the decision to move production offshore. Now the retailer is the center, the power, and the manufacturer becomes the serf, the vassal, the underling who has to do the bidding of the retailer. That s a new thing. WATCH THIS PROGRAM ONLINE
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