Social Impacts Of Walmart

1567 Words 6 Pages
With all of the negativity towards Wal-Mart, including the birth and death rates of local establishments when a Wal-Mart store moves into a community – “within 15 months of a new Wal-Mart store entry, between 4.4 and 14.2 existing retail establishments close while at most 3.5 new retail establishments open” (Ficano, 2013) - some do feel that Wal-Mart has a positive effect on small town communities with respect to social capital. As stated in the article, Wal-Mart and social capital: Builder, destroyer, or both?, “Wal-Mart’s presence may increase social capital by building community programs and by reducing the time required to shop, leaving more time for other social capital producing activities. Moreover, by allowing consumers to spend less …show more content…
While Wal-Mart continues to operate unethically, consumers have looked the other way and continue to purchase items from the retail store, hoping to save money; however, their savings stunts the growth of their community and the economy. Because of this happening, Wal-Mart continues to increase its revenue and profits each year while small mom and pop stores are forced to close and men and women are out of jobs. Wal-Mart may claim that it runs its business ethically and, with the welfare of consumers, suppliers, and communities in mind; however, many individuals, including myself, think differently. Wal-Mart has overwhelming control over its consumers, employees, suppliers, and the communities in which it operates, and with the current economic conditions, Wal-Mart takes advantage of this and operates unethically. It is a true hazard to its stakeholders and also to the economy as a whole. Consumers have been “forced to hold the savings they incur at Wal-Mart more valuable than the economic condition of their respective communities and nation. Government intervention, however, could force Wal-Mart to behave in a more ethical manner. In most cases government interference in realm of business is unnecessary and a hindrance, but in this specific case governmental implementation of CSR (corporate social responsibility) in the form of legislation is necessary” (Crofoot, …show more content…
Being a utilitarian, non-profit organization, its main focus is to support and care for ALL those affected by Alzheimer’s disease, and raise money for their mission, not to make a profit. This organization also believes that it is their duty to “to eliminate Alzheimer’s disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health” (ALZ, 2015). When founding president, Jerome Stone’s wife, Evelyn was diagnosed with the disease in 1970, “he recognized the need for a leader in the field that would unite caregivers, provide support to those facing Alzheimer 's, and advance research toward treatment, prevention and, ultimately, a cure. His drive and determination led to the creation of the Alzheimer 's Association in 1979. Mr. Stone is responsible for where the Association is today in the fight against Alzheimer 's. He took a disease that was cloaked in silence and helped to create a national — and global — conversation. Jerome Stone was a true visionary in the Alzheimer’s movement and a true utilitarian; acting in a moral way that was the greatest good for the greatest number people. The organization also runs in a utilitarian way with its person-centered care. This type of care “focuses on the individual needs of a person rather than on

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