Friday, November 04, 2005

Wal-Mart toots it's own horn

Wal-Mart commissioned a study by Global Insight, an economic forecasting firm, to measure the impact of Wal-Mart on the overall economy.

They claim to have created 210,000 plus jobs and saved consumers over $263 billion over the past 19 years which translates to approximately $895.00 per person (in the US).

There is more about it here.

It is not always easy to sort out good and bad, but on the whole I think Wal-Mart is an example of wildly successful capitalism.


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