Daniel Davies questions the Wal-Mart miracle: “I have no particular animus against Wal-Mart as a corporation, other than that it keeps getting chucked up in my face by consultancy types with phrases like ‘I have seen the future and it works’. But I consider it rather striking that one of the exemplars of the American Economic Miracle also appears to be an exemplar of some of the most important reasons why this kind of economic miracle might not be all that it seems.”
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