Wal-Mart Stores Inc. is a renowned American multinational retailer corporation operating chains of large discount warehouse and departmental stores. It is currently the biggest private employer in the world with slightly over 2 Million employees. Wal-Mart was founded in 1962 by Sam Walton…
Download file to see previous pages...
Wal-Mart was founded in 1962 by Sam Walton. It was incorporated in 1969 and began to publicly trade in the New York Stock Exchange in the year 1972. Currently, Wal-Mart runs 8,416 stores situated in 15 different countries. However, despite the success story of Wal-Mart Company, it has been faced with criticisms on how it treats its employees. For instance, from the essay of Karen Olsson, it is evident that many workers leave the company within their first days of work because of poor working environment and low wages. In addition, the health plan of Wal-Mart Company is very poor or worse. For instance, Karen Olsson points out that the company deducts huge sum of money from each worker in order to compensate for their health insurance (Olsson 603). The pay of Wal-Mart is low and its demands are very high. Rather than assisting its employees, it encourages them to get Medicaid, public housing and public assistance in order to compensate for low wages or salaries. Wal-Mart employees struggle to live with these low salaries. This treatment is against the American dream which is driven by the desire to see every American succeed in life without struggle. It is true that Wal-Mart provides health insurance but at higher cost of over $ 70 out of each paycheck. Due to its rapid expansion and growth, Wal-Mart sets the pace for benefits and salaries in the United State’s economy (Olsson 606). The standards that Wal-Mart sets are unacceptable. The pay is too low and it could adversely affect the U.S economy. For instance, average hourly pay is $ 7 which translates to $ 18,000 a year at a Corporation that makes a profit of over $ 6 billion annually. Most of the workers at the company opt to ignore the health coverage of the company since it costs up to $ 2,500 per year. Further, it is hard for employees to get insurance cover for their children because of the increasing disparity between profits and wages. Wal-Mart has the moral responsibility to offer better working conditions and pay to its workers because they are the reason the company make profits. Sebastian in his essay argues that Wal-Mart is not progressive as its critics think. For instance, he states that most critics of Wal-Mart assert that Wal-Mart acts as a parasite in the sense that the company has five percent of its workers on Medicaid. According to Mallaby (622), it is a typical level for large company, and most firms offer its employees four percent of health insurance. Because of the increasing income inequality, Wal-Mart should provide discounts on its food in order to boost the welfare of American shoppers. In addition, Wal-Mart should fight to offer the lowest prices on goods by maintaining the greatest quality o its products. Wal-Mart sets its prices quite lower than the average industry prices in order to win greater market share. The firm makes all efforts to improve process efficiencies. However, it is important to note that Wal-Mart is the center of the globalised, technology drive company that has raised the level of income inequality as discussed in Robert Frank’s article. Customers expect organizations to operate in a moral way. Wal-Mart has to work with customers to produce quality products that are in line with the customer’s desires and expectations. Further, Wal-Mart Company has the moral responsibility to offer customers free access to data concerning their operation. Social responsibility and code of conduct are created with the recognition that every activity that a company do is connected with their work. The Company should ensure that whatever activity they do, does not contravene the interest of the society. According to Mallaby (620), Wal-Mart might be assisting Americans fight health care inflation but at the same
...Download file to see next pagesRead More
Cite this document
(“What's up with the American Dream Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/creative-writing/1478224-whatyies-up-with-the-american-dream
(What'S up With the American Dream Essay Example | Topics and Well Written Essays - 750 Words)
“What'S up With the American Dream Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/creative-writing/1478224-whatyies-up-with-the-american-dream.
In his play Death of a Salesman Arthur Miller has portrayed picture of a desperate family whose head is running after a luxurious life. The play ironically portrays the American dream and to the extent people can go to achieve this dream. In this paper we will attempt to throw more light on the material success that is worshipped by the capitalist society of America.
Success is oftentimes measured through material wealth or material possessions, as well as the attainment of college education and a reliable career or business. Eugene O’Neill examines the veracity of the American Dream for an Irish family in his popular play, Long Day's Journey into Night (hereinafter, Journey into Night).
Although the idea of the American dream has driven the ambitions of many Americans for a long time, the dream is far from being achieved and is fading slowly. The American dream was a representation of American hopes and aspirations.
It has been classified as the ideal goal by the media, president and influential personalities across the USA. But now days, American dream has become impossible to achieve. Currently, majority of the Americans believe that winning the American dream is lot more difficult than winning a lottery.
For this reason, so many immigrants from different parts of the world have made their way into the United States (David, 2012). However, in the recent past, the concept of American dream has been questioned a lot. This is because, the Great Recession impacted negatively on the working generations as opposed to the middle and upper class group.
For purposes of analysis and comparison, the American Dream will be defined within this essay as the belief and understanding that anyone, regardless of national origin and/or economic means, has the innate potential to further their own ends and accrue a level of wealth to such a degree that they can own their own home and realize a level of economic independence.
Inexpensive land, better conditions, but most of all, for a new and better life was what led so many cultures to America.
But becoming rich and having land wasn't the only reason people flocked to America. Some cultures were giving up their places of origin for religious freedom.
more and more families engaged in the workforce, especially single mothers, children are not getting attention from parents or protection against poverty. For this reason the author feels that there should be social policies to eradicate poverty and encourage family time.
In order to realize the American’s dream of success, wealth, and attributed fame, it has taken a lot of commitment and thrift for the Americans. Americans have focused on the formula of instant, albeit elusive, and gratification as a pathway towards achieving their dream. Although instant wealth and tremendous richness has not always been a constituent of the dream, the desire to achieve a social class and become eluded from the poor has always remained a controversy.
criticized by several authors who were of the opinion that American dream is merely a lust of having things and acquiring goods for ones satisfaction instead of giving and sharing, which is considered to be the universal phenomenon.
Hubert Selby is of the opinion that people
6 Pages(1500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic What's up with the American Dream for FREE!