Walmart is a market failiure with many "Negative Externalities" - 1 views
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Matthew R on 07 Dec 12The author of this article, Dennis Dugan, brings up many valid points as to how Wal Mart is a market failiure and how they have many negative externalities. He says one of the negative externalities they have is that because of the low wages they pay their employees, this has increased the need for publicly funded social services. I found this article very intriguing.
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Jean Eric on 11 Dec 12I like this article about Wallmart due to me not knowing this about the firm and also it clearly states why Wallmart is a market failure by buy products at very low prices causing enviromental destruction and very low wages for the workers of their supplier. What Wallmart really should do is try to find a way where they benefit their suppliers and less enviromental damage. They could do this by buy their products a little bit more expensive resulting in them having less of a profit but helping the third parties affected.