In spite of what any pundit or city councilperson says, Wal-Mart has long served its low-income customers well, and it has improved the lives of many by making food, toys, tools, and clothing more affordable for millions. Being hated by the wealthy and powerful is perhaps the high cost of serving those with low incomes, and Wal-Mart will no doubt continue to encounter resistance from those who don't need its services for some time to come.Some people don't want poor people to have as many consumer choices.Imagine that.
Wednesday, January 16, 2008
The Class War Against Wal-Mart
The Mises Institute reports: