Nobody downloaded yet

What's up with the American Dream - Essay Example

Comments (0) Cite this document
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 full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Whats up with the American Dream
Read TextPreview

Extract of sample "What's up with the American Dream"

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
  • APA
  • MLA
(“What's up with the American Dream Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from
(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.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF What's up with the American Dream

American Dream

...?Running Head: AMERICAN DREAM American Dream The term ‘American Dream’ was first coined by James Truslow Adams in a study called The Epic of America.The concept of it is to provide opportunity to all people according to their talents and dreams. Adams believes that the idea of achieving one’s goals without any restrictions in regard to class or caste can develop from the need in people of “being able to grow to fullest development as man and woman”. In Europe, this concept of freedom in pursuing one’s dreams could not be fruitful because of the class divisions. America being a classless society can adopt...
6 Pages(1500 words)Research Paper

The 1920's And the American Dream

... THE 1920'S AND THE AMERICAN DREAM Introduction The American Dream emanated during early American settlements. At thistime, a large number of peasants were looking for opportunities for better jobs. Its initiation is through the declaration of independence, which focuses on the attitude of hope among the American people. Based on this hope, it is stated that every individual in the United States of America is equal and born with certain inseparable rights. These rights include the right to life, freedom, and being happy. The American dream cannot be understood without reference to the Great Gatsby in which case, the American dream plays an imperative role in shaping characters. It is only through the Great Gatsby that one can see... the...
6 Pages(1500 words)Speech or Presentation

The American Dream in the 1960's

...The American Dream in the 1960's The American Dream remains a national philosophy of the United s of America inwhich freedom comprises the opportunity for success and prosperity, and an upward social motion achieved by hard working. In defining the American Dream, James Truslow Adams in 1931, he argued that life should be richer and better, and fuller for everybody, with an opportunity for each one according to capability or achievement irrespective of circumstances of birth or social class. The impression of the American Dream stays rooted in the U.S. Pronouncement of...
5 Pages(1250 words)Research Paper

American Dream

...?Demise of the American Dream 7th, December, Demise of the American Dream Introduction The idea of the American dream is old and dates back to the 1600s. During this period, the founders of America had different but hopeful aspirations regarding the American continent as a whole. They started dreaming of prosperity that would lead to happiness. With time, the dream kept growing as different generations worked towards improving on the past. However, the concept of American dream became obvious in the 1930’s. The American...
4 Pages(1000 words)Essay

American Dream

...? of the Development of Societal Ills while chasing “The American Dream” Introduction The Americandream is a promise that everyone can attain it and it can be enjoyed by everyone across the globe. The dream has been overvalued by the Americans and other people who had led to emotionalizing the dream. By emotionalizing the dream, they have increased the enthusiasm and eagerness amongst the masses. 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...
4 Pages(1000 words)Essay

American dream

...?Keyu Chang 16078990 0 The American Dream: Is it alive or dead 1 Introduction It is believed that America is the only country with great opportunities where any person can be successful through working hard. This is one believe that has given less privileged individuals lots of hope in the country. 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. Most people who were rendered...
11 Pages(2750 words)Essay

American Dream

...? Section/# The American Dream: A Discussion and Analysis of Current Myth or Reality “The American Dream” isa term that is thrown around a great deal in the popular culture and is perennially referenced in movies and by politicians. 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. As such, it is one of the defining means by...
7 Pages(1750 words)Essay

American dream America eventually went back to their homeland. "Given that people generally came to this country because of intolerable conditions in Europe, this implies that they found life here, whether in the teeming slums of New York or the freezing prairies of North Dakota, even worse" (Locke, 2002). The American dream has not changed significantly in view of the fact that, everyone is still seeking that perfect life. Although, since the early 1900's there have been many alterations to the American dream. The American dream was challenged by depression, racial instability in the 20th and 30th centuries and caused the...
2 Pages(500 words)Essay

American Dream

...The American Dream Scholarly research portrays the American dream as a vital thread in the country’s tapestry, entangled by music, politics, and culture. This phrase outlays the belief that achievement comes along with hard work and persistence. 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...
2 Pages(500 words)Essay

American Dream

...Does American dream lead to fulfillment? American dream was the concept given by James Truslow Adams in 1931 who thinks that freedom to avail every possible opportunity in life is the right of every American citizen. Every common citizen has the equal authority to enjoy the perks and privileges of society. The idea was 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 misunderstands the...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic What's up with the American Dream for FREE!

Contact Us