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.
it’s called corporate greed and it knows no bounds