The Retail Revolution

Sep 25, 2009

Harvard Book Store

Nelson Lichtenstein talked about his book The Retail Revolution: How Wal-Mart Created a Brave New World of Business (Metropolitan Books; July 21, 2009). In his book he presents a history of Wal-Mart from its founding by Sam Walton in Arkansas to its current place as a retail chain employing two million people and operating 6,000 stores. .. Read More
Nelson Lichtenstein talked about his book The Retail Revolution: How Wal-Mart Created a Brave New World of Business (Metropolitan Books; July 21, 2009). In his book he presents a history of Wal-Mart from its founding by Sam Walton in Arkansas to its current place as a retail chain employing two million people and operating 6,000 stores. Mr. Lichtenstein explores the links between the rise of Wal-Mart and the rise of globalization and what he deems Bible Belt cultural values. Topics included how the retail company controls industry. He responded to questions from members of the audience. This event took place on Friday, September 25, 2009, at 3:00 p.m. at the Harvard Book Store in Cambridge.

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TRANSCRIPT

TIME SPEAKER TEXT
00:00:35 Unidentified Speaker THANK YOU VERY MUCH I AM DELIGHTED TO BE HER TO GO AROUND THE COUNTRY AND TALK ABOUT THE WORK YOU'RE...
00:26:48 Unidentified Speaker I HEARD THIS MORNING WAL-MART AGREED TO PAY A RATHER LARGE FINE FOR LUNCH HOUR SHENANIGANS.
00:26:59 Unidentified Speaker YES.
00:27:00 Unidentified Speaker THEY OBVIOUSLY HAVEN'T CHANGED MUCH.
00:27:03 Unidentified Speaker THAT IS A GOOD QUESTION. -- THIS IS VERY -- WHEN OBAMA WON AND THIS IS ANOTHER, THE POLITICAL WINDS,...
00:28:33 Unidentified Speaker AS YOU TOUCH ON AND ALSO IN EXISTING LITERATURE OF WAL-MART THERE ARE TWO STORIES, ONE OF WHICH IS,...
00:29:56 Unidentified Speaker THAT'S TRUE, THE LAST THING YOU SAY IS TRUE, INSOFAR AS WE HAVE EN DEMCALLY UNEMPLOYMENT AND UNDER...
00:33:29 Unidentified Speaker DO YOU THINK UNIONS WILL EVER GET IN THERE?
00:33:38 Unidentified Speaker WELL, AT THE CURRENT MOMENT IT WOULD BE QUITE DIFFICULT. IF NOT OENLT FOR THIS REASON, THE WAY THE...
00:35:58 Unidentified Speaker .. HOW DO YOU EXPLAIN THE SUCCESS OF... [INAUDIBLE].
00:36:03 Unidentified Speaker EXCELLENT QUESTION. KMART WAS A PIONEER AND MORE SUCCESSFUL THAN WAL-MART IN THE 1960s AND 1970s AND...
00:40:36 Unidentified Speaker CAN YOU COMMENT ON THE RELATIONSHIP BETWEEN WAL-MART AND THE CLINTONS?
00:40:40 Unidentified Speaker SURE. BE HAPPY TO. BILL CLINTON OF COURSE WAS THE GOVERNOR OF ARKANSAS. IN THE 19 80s DURING A TIME...
00:43:12 Unidentified Speaker SOMEONE ELSE, ANYONE ELSE HASN'T SPOKEN? LIKE TO ASK A QUESTION? YES, SIR.
00:43:21 Unidentified Speaker IS THERE ANY FEAR OF ANTI-TRUST LINKAGE AT THAT POINT?
00:43:25 Unidentified Speaker NO. THIS OF COURSE IS A BUYER. THEY ARE NOT -- THE ANTI-TRUST LAWS ARE MAINLY FOR THOSE WHO FIX PRICES,...
00:46:27 Unidentified Speaker BUT ALSO WE WOULDN'T HAVE TO PAY FOR THE FOOD STAMPS AND THE HEALTH CARE OF THE FULL-TIME EMPLOYEES...
00:46:43 Unidentified Speaker WAL-MART WAS HOSTILE TO GOVERNMENT REGULATION, HAS ALWAYS BEEN QUITE ADEPT AT USING THE VARIOUS KINDS...
00:47:56 Unidentified Speaker IF THE DEMOCRATS ACTUALLY SUCCEEDED IN GETTING SOMETHING AS EXTREME AS A SINGLE PAYOR HEALTH CARE...
00:48:19 Unidentified Speaker IN THIS WAY: IF PEOPLE KNEW THEY COULD TAKE THEIR HEALTH INSURANCE WITH THEM, YOU KNOW, MANY MORE...
00:50:08 Unidentified Speaker IN CONTINENTAL EUROPE, THERE ARE COMPANIES LIKE CARREFOUR, IN FRANCE, IN PARTICULAR THERE ARE THE...
00:50:51 Unidentified Speaker THE DISCOUNTSERS ARE VERY BIG IN EUROPE, TESCO IS HUGE, ASDO THE WAL-MART BRANCH IN THE U.K., GERMANY,...
00:53:07 Unidentified Speaker THANK YOU VERY MUCH. [APPLAUSE].
00:53:17 Unidentified Speaker NELSON LIECHTENSTEIN IS THE AUTHOR OF "WALTER RUETHER, THE MOST DANGEROUS MAN IN DETROIT AND IS DIRECTOR...

NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Lichtenstein, Nelson
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    Director University of California, Santa Barbara->Center for the Study of Work, Labor and Democracy

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