I keep a weblog like it's still the 90s. For commentary and dissent please visit jontaylor.ca, or various other purveyors of thought online.

Sunday, October 18, 2009

The Wal-Mart Effect

The Wal-Mart Effect | Foreign Policy: "Over the last five years, the economies of Wal-Mart countries outside the United States have grown 40 percent faster than the world average. So what's going on? Does the ability to buy giant bags of Froot Loops at cut-rate prices inspire economic growth? More likely, Wal-Mart is simply a smart, cautious investor. 'Wal-Mart chooses to go places with a sizable middle class,' says Nelson Lichtenstein"

Blog Archive