The Town’n Country grocery in Oriental, North Carolina, a local fixture for 44 years, closed its doors in October after a Wal-Mart store opened for business. Now, three months later — and less than two years after Wal-Mart arrived — the retail giant is pulling up stakes, leaving the community with no grocery store and no pharmacy.
Though mom-and-pop stores have steadily disappeared across the American landscape over the past three decades as the mega chain methodically expanded, there was at least always a Wal-Mart left behind to replace them. Now the Wal-Marts are disappearing, too.
Continue reading: Wal-Mart: It Came, It Conquered, Now It’s Packing Up and Leaving
Commentary by The Secular Jurist: This story poignantly illustrates why the corporate consolidation of wealth and power is so damaging to society. Wal-Mart’s only motive is to make money. It has no enduring ties to the local economy and its residents. Using a cold, calculating amorality to determine its actions, these business behemoths are as quick to leave localities – when profit expectations fail to be met – as they were quick to exploit such localities in the first place. The end result is an economic wasteland, and the ruination of countless lives.