Wal-Mart Making World History

Summary


ADAM SMITH wrote "The Wealth of Nations," the bible of capitalism, in the late 18th century. He left a lasting belief that the marketplace is regulated by the law of supply and demand, and by the "invisible hand" of competition.

Yet it took in our times one like Sam Walton, founder of Wal- Mart, to find ways and means to spread wealth across continents.

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Extract


Wal-Mart Making World History

The world's No. 1 retailer, through its discount chains, links nations with affordable consumer goods for everyday people.

To b...

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