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The Wal-Mart Effect: How the World's Most Powerful Company Really Works-And How It's Transforming the American Economy

The Wal-Mart Effect: How the World's Most Powerful Company Really Works-And How It's Transforming the American Economy
Author: Charles Fishman
Creator: Alan Sklar
Publisher: Tantor Media
Category: Book

List Price: $34.99
Buy New: $15.78
You Save: $19.21 (55%)

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New (21) Used (7) from $15.78

Avg. Customer Rating: 4.5 out of 5 stars 101 reviews
Sales Rank: 579808

Format: Audiobook, Cd
Media: Audio CD
Edition: Unabridged
Number Of Items: 8
Shipping Weight (lbs): 0.5
Dimensions (in): 6.4 x 5.5 x 1.1

ISBN: 1400102235
Dewey Decimal Number: 381.1490973
EAN: 9781400102235

Publication Date: March 1, 2006
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: Ships immediately! Perfect and New! Unabridged. 2006 Audio CD.

Editorial Reviews:

Product Description
Award-winning journalist Charles Fishman reveals that what we know about Wal-Mart isn't even half of the real story-the company is now so powerful that it has become a kind of economic ecosystem that affects our everyday lives, even if we don't shop at Wal-Mart. In contrast to recent polemics, The Wal-Mart Effect offers the first truly fair, thought provoking look at the hidden reach and transformative power that is "the Wal-Mart effect."


Customer Reviews:   Read 96 more reviews...

4 out of 5 stars Walmart shaping life everywhere.   September 6, 2008
 1 out of 1 found this review helpful

A well written book exploring the biggest retailer in the world and how the 'WalMart effect' shapes lifes everywhere. A lot of research has gone into this book and Mr. Fishman asks, how did a shop manage to get the power to change our world. Looking at it from a business perspective one cannot help but be in awe of the strategies put in place by the Waltons and their associates. Their commitment to "Always Low Prices, Always' is not in any means half-hearted. It will be interesting to explore the new strategies Walmart executes to counter the claims made in this book. Overall a very insightful read and a must for every retailer to read.


5 out of 5 stars The Walmart Effect   August 30, 2008
This book is a good study on what makes Wal-Mart a business success but a real detriment to our ecomony. The ethics of this corporation are so poor that our environment and society will only suffer as long as we support them. This books states true examples of how cheaper doesn't equal better.


4 out of 5 stars Very informative   August 24, 2008
 1 out of 1 found this review helpful

Fishman was able to present the Walmart "phenomenon" in a very straightforward way. The global effect of Walmart was explained through many real-life examples; the flow of the book, I have to say, is excellent. I finished it in 3 days. Walmart effect on supply chain efficiency is an area that the book overlooked compared to some other topics that were redundant.


2 out of 5 stars Nothing new or insightful   August 1, 2008
 0 out of 2 found this review helpful

Fishman spends the first 30 pages hinting that Wal-mart forced its suppliers out of business by demanding lower prices. This may sound horrifying to you, but demanding lower costs is industry standard for retailers. If you owned a store, would you voluntarily offer your supplier more money?

If your knowledge of Wal-mart and retailing is limited to what you've heard on the 6 o'clock news, this book gives you a peek into that world. But it falls far short of it's claims to expose "how the world's most powerful company really works". The author openly admits that there is almost no information on Wal-mart, so what he has is anecdotal and fragmented and not particularly convincing.

Unfortunately, Fishman is unable to break out of the standard Wal-mart bashing arguments around "low wages" (which are not unreasonably low at ~$10/hr), "forcing local business to close" (any large, well-run retailer could have caused it), and "cheap goods made in deplorable conditions" (unfortunately, some factory owners don't have the same morals as we do. Paying more won't for something won't result in better standards, just more money for the owner).

Verdict: Borrow at your library.



5 out of 5 stars Is Walmart Good or Bad? Answer: It's both!!   July 31, 2008
 1 out of 1 found this review helpful

This is a very good book, well-researched and well-reported, about a subject that affects us all, the biggest company in history, Walmart.

Is Walmart good or bad? The answer according to Charles Fishman is: "Yes, it is both". I just didn't realize how big Walmart is and how much it does affect us.

Walmart is a monster player in the economy, the largest company in history, and nobody outside of Walmart knows much about it. It is committed to low prices like a missionary is committed to the Word of God, but is unfortunately short on a sense of repentance for its shortcomings and a little short on the joy that a true missionary should ideally have. It might however finally be coming around if its generous response to Katrina is any indication.

I read this book, believe it or not, to learn a little more about the economy through the prism of Walmart. Sometimes it is easier to me to learn something indirectly: by learning how Walmart functions and interacts with the economy is to learn about the economy itself. I would also like to know how Walmart creates so much economic weather. I think I've only been in a Walmart once and had the impression it was way too big and too far to walk for everyday shopping. Also, it seems to get a lot of press about how it could be more employee-aware and environmentally correct. Charles Fishman seems to think they finally get this message and is cautiously optimistic about their correcting some things.

One of the things I learned about the economy is how interconnected it is with everything around us. For Walmart, it involves customers, suppliers, the government, other countries, and, of course, the economy itself. This book, to its credit, is not short on statistical information, especially since studying the impact of Walmart requires a lot of digging; the company is simply NOT forthcoming.

I think I was most impressed by the scale of all things Walmart and the great veil of secrecy that surrounds it. The world doesn't understand it and it doesn't really understand why the world can have any problem with low prices. But the good news is that it is apparently trying to understand and do better. We can all learn from that.


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