Re: Darwinian
I don't know for sure, of course, but I don't think he set out to destroy small businesses. He clearly did set out to have the most competitive and successful (in terms of profit and growth) business that he could manage. Part of the point to the book (which he didn't write or really cooperate with in the writing of) was that he considered himself on the side of small businesses. He apparently was one of the first to cooperate with other small businesses to buy in bulk so they could get the same prices or better as the big businesses (back when Walton's business was smaller). I didn't know over 60% of Walmart's merchandise was made outside the US. If that is true, I think that that would be one aspect that would be different if Sam Walton were still alive and running the business because he made a big effort to "buy American" and use and sell American made products. He even assisted some American companies in staying afloat and in producing goods that Walmart sold, according to the author.
Originally posted by joshuatree
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