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Originally Posted by Elphaba
For the sake of argument, I think it possible that the employee is not always the loser. I can only justify this comment by using WalMart as an example, but it is not my intent to make this about WalMart.
It appears that one of their business strategies is to open stores in rural communities. My experience of them (living in BFE) is that the small towns have high unemployment due to the lack of jobs and residents need to travel long distances to get a job. Wouldn't bringing say 200 jobs requiring limited skills be good for the unemployed?
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The problem is that Walmart doesn't only create jobs. When a walmart comes in it sucks up retail dollars from almost every existing store in the area. Many of them shut down, or at the very least must fire some workers. Further, since Walmart's business plan is based on using as little labor as possible, their are often fewer jobs created then destroyed, and the jobs created are almost always lower paying.
So no, Walmart does not creat jobs, at least in the sense of creating a net gain of jobs in a community.