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Wal-Mart has an incredible amount of power. Because they account for such a large share of revenue for suppliers, the suppliers are often forced to meet their demands or go under. One of which is to always lower prices, and of course to lower prices one must go overseas. Wal-Mart is not setting their overseas workers' wages, their suppliers are. All they tell their suppliers is to meet the prices they set.
If a corporation can gain that much power over the economy, potentially unlimited control, is that an ethical system? I don't see why government control is any more frightening than corporate control. Wal-Mart isn't just putting small-businesses out of business, they're moving business to China. By outsourcing American jobs to China, China gains more political pull. If China were to own the American economy, do you suppose doctrines on American capitalism will still be relevant? Giving power to those who might not grant us the same freedoms is dangerous.
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