The Ethics of Shopping at Wal-Mart

1021 Words3 Pages

One has to work hard to consider their values in particular issues and how strongly they feel. This is the choice many people make when they invest in mutual funds, and have no idea where their mutual funds are invested. Many vocal opponents to shopping at Wal-Mart might discover they hold investments in the Wal-Mart. There are 1050 mutual funds that are invested in Wal-Mart, some of the largest mutual funds in the world. There are many people who have no idea where their investments lie. If you want to be true to your value against shopping at Wal-Mart, you need to be careful to remove yourself from investments that support Wal-Mart. You have to review your investments and find out where your money is invested.

Let's consider the case of the prominent politician, John Kerry. John Kerry's wife, Teresa Heinz was a highly vocal critic of Wal-Mart. An investigative journalist discovered that she had one million dollars invested in the company. She held a lot of stock in a company of which she was critical. This provides insight into the idea that you have to work hard to consider your values in particular issues and how strongly you do feel.

Regardless of what you think of Wal-Mart, Wal-Mart is continually voted as one most admired companies in America by Fortune magazine. This is how Jerry Useem began the article he wrote for Fortune magazine:

There is an evil company in Arkansas, some say. It's a discount store-a very, very big discount store-and it will do just about anything to get bigger. You've seen the headlines. Illegal immigrants mopping its floors. Workers locked inside overnight. A big gender discrimination suit. Wages low enough to make other companies' workers go on strike. And we know what it does to weaker su...

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...oods they buy in order to have a saner, more livable lifestyle. 2

In conclusion, I agree with the noted shortcomings of Wal-Mart. But, I don't think people can argue that it's unethical to shop at Wal-Mart, that anyone who shops at Wal-Mart is unethical or believe it is ethical to point the figure at those who do shop at Wal-Mart. I suggest everyone first check their values and then their investments, and they'll discover they probably are supporting Wal-Mart, a company they believe is evil, via 401Ks or mutual funds.

Works Cited

Jerry Useem. Should We Admire Wal-Mart? Some say it's evil. Others insist it's a model of all that's right with America. Who are we to believe? Fortune Magazine February 23, 2014

From "No Place Like Home/Community and the Marketplace" (p. 191 - 193) How Cities Work by Alex Marshall, University of Texas Press Austin, 2013.

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