In a way, Walmart’s Buy America program represents the home stretch of the economic transformation the company set in motion decades ago, when it set out to replace the American middle class, rooted in small business ownership and unionized jobs, with a vast underclass that has little choice but to rely on Walmart’s shoddy, short-lived products.
When Michelle Obama visited a Walmart in Springfield, Missouri, a few weeks ago to praise the company’s efforts to sell healthier food, she did not say why she chose a store in Springfield of all cities. But, in ways that Obama surely did not intend, it was a fitting choice. This Midwestern city provides a chilling look at where Walmart wants to take our food system.
Walmart now captures $1 of every $4 Americans spend on groceries. It’s on track to claim one-third of food sales within five years. Here’s a look at how Walmart has dramatically altered the food system — triggering massive consolidation, driving down prices to farmers, and leaving more families struggling to afford healthy food. CONTINUE READING