How does Wal-Mart exemplify business practices under neo-liberalism?
Wal-Mart adopts and advocates for practices that emphasize on free markets and the ability to trade
and operate in any location. It exemplifies the concept of the individualism, which presupposes that
the consumer should have the freedom to buy and consume in an array of options. Hence, the
retailer believes by launching a new location; they widen the options of the consumer. Further, WalMart calls for lesser regulation and lower trade barriers in a bid to facilitate its growth. Through
different fronts, such as lower benefits, the retailer aims at operating at a lower cost and efficiently
while also calling for deregulation.
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