The Retail Revolution How Wal-Mart Created a Brave New World of Business

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The Retail Revolution How Wal-Mart Created a Brave New World of Business by Lichtenstein, Nelson, 9780312429683
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  • ISBN: 9780312429683 | 0312429681
  • Cover: Paperback
  • Copyright: 6/8/2010

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Wal-Mart is the world's largest company and it sets the standard--both social and commercial--for a huge swath of the global economy. In this probing investigation, historian Nelson Lichtenstein shows how the company's success has spread evangelical Protestantism into the workplace, made South China an American workshop, and pushed American politics to the right. At the same time, he anticipates a day of reckoning, when challenges to the Wal-Mart way, at home and abroad, are likely to change the far-flung empire. Insightful and original,The Retail Revolutiongives a fresh and necessary understanding of the phenomenon that has reshaped international commerce.Nelson Lichtensteinis one of the country's leading experts on labor and politics and the editor of a much-cited collection of essays on Wal-Mart. A professor of history at the University of California, Santa Barbara, where he directs the Center for the Study of Work, Labor, and Democracy, he is also the author of several highly regarded books on American history, including the award-winningWalter Reuther: The Most Dangerous Man in Detroit.Wal-Mart, the world's largest company, roared out of the rural South to change the way business is done. Deploying computer-age technology, Reagan-era politics, and Protestant evangelism, Sam Walton's firm became a byword for cheap goods and low-paid workers, famed for the ruthless efficiency of its global network of stores and factories. But the revolution has gone further: Sam's proteges have created a new economic order which puts thousands of manufacturers--indeed, whole regions--in thrall to a retail royalty. Like the Pennsylvania Railroad and General Motors in their heyday, Wal-Mart sets the commercial model for a huge swath of the global economy. In this lively, probing investigation, historian Nelson Lichtenstein deepens and expands our knowledge of the merchandising giant. He shows that Wal-Mart's rise was closely linked to the cultural and religious values of Bible Belt America as well as to the imperial politics, deregulatory economics, and laissez-faire globalization of Ronald Reagan and his heirs. He explains how the company's success has transformed American politics, and he anticipates a day of reckoning, when challenges to the Wal-Mart way, at home and abroad, are likely to change the far-flung empire. Insightful, original, and steeped in the culture of retail life,The Retail Revolutiondraws on firsthand reporting from coastal China to rural Arkansas to give a fresh and necessary understanding of the phenomenon that has reshaped international commerce. "Nelson Lichtenstein has writtenthebook on Wal-Mart. You can read it as a sober indictment of the rogue company that happens also to be the world's largest corporation. Or you can read it as a brilliantly reported case study in what's gone wrong with the American--and the global--economy. Either way, you will read it, as I did, with complete fascination."--Barbara Ehrenreich, author ofNickel and Dimed "Nelson Lichtenstein has writtenthebook on Wal-Mart. You can read it as a sober indictment of the rogue company that happens also to be the world's largest corporation. Or you can read it as a brilliantly reported case study in what's gone wrong with the American--and the global--economy. Either way, you will read it, as I did, with complete fascination."--Barbara Ehrenreich, author ofNickel and Dimed "America's wisest historian of business and labor has produced a masterpiece of reportage and analysis about the self-service country store th
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