The more of the economy that we can institute Walmart's efficient thinking, and subserviance to the customer the better.
It especially helps low income people, who don't happen to be in a connected union, and don't hold a n in demand degree. Bringing costs down for them, is the equivilant of wage increases.
One look at the lavish headquarters of banks, filled with hordes of mba's making huge salaries.. and its obvious there is a lot of room to cut costs.
Walmart's greatest strength to me is its efficient management structure. Its why even though Walmart is a much larger company then these banks, Walmart has a smaller, modest head office located in a more rural setting.
I agree that we should have more companies like walmart that emphasize efficiency. I'm just not sure we want all companies to be walmart. I have worked in a small bank and they most assuredly do not have huge profits. Sooner or later Walmart will need to be busted up like Standard Oil and Ma Bell.