Earlier quoted context omitted.
To be fair to Wal-Mart, that seems to have less to do with Wal-Mart being a devious corporation and more that the lower class can scarcely afford to live anymore without the ultra-efficient economies of scale Wal-Mart provides. In a world with a livable minimum wage, I imagine Wal-Mart would have less of a captive consumer base.
I mean, part of why that is the case is that walmart itself depresses wages. It comes to town, undercuts other businesses, those businesses close, people need jobs, they go to work at walmart (possibly at a loss of income but probably a loss of hours even if not), and then they can't afford to shop anywhere but walmart anymore. And the cycle continues. It's not like they're doing this in a snidely whiplash scheme-y s…
https://www.reuters.com/article/mexico-walmex-idUSN054659132...