I read your article and if your whole argument is based on this biased, semi hatchet job, no wonder you don't truly understand.
BTW, why do you take this article as gospel?
Understand what, exactly?
BTW, why do you take this article as gospel?
The whole thing? No. But what is factually wrong about the specific examples such as product quality or the suppliers being run out of business (mentioned by someone else in the thread) by Wal-Mart's hardball tactics? Are you saying that these things do not happen or are you claiming that they don't matter?
Wal-Mart pushing its suppliers to modernize and streamline their own businesses is a good thing. Wal-Mart using the strong-arm tactics of a semi-monopoly to force suppliers out of business and lowering the quality of goods to meet Wal-Mart's pricing demands are not a good thing, in my opinion. When any business gets government-like control to demand harmful changes from other businesses, I get as concerned about them as I am about the government. Concentration of large amounts of power concern me, whether that power is conentrated in a government, individual, or corporation.