Shunning Wal-Mart, Shunning Freedom?

In this editorial, a University of Maryland Professor writes that efforts to keep Wal-Mart stores out of certain communities is 'un-American.'

1 minute read

March 10, 2004, 6:00 AM PST

By Erin Clark

This writer asserts that Wal-Mart must not be penalized for its economic success. He states that the giant retailer "...has put other stores out of business, but that is the way capitalism works. The automobile replaced the horse and buggy. Sound motion picture replaced the silents. No one has a 'right' to business success or a 'right' to be protected from competitors through government intervention. One only has a right to try to compete through voluntary trade. In a free economy, companies that offer the best value for the dollar win and the losers invest their money elsewhere."

Thanks to Erin Clark

Read the full story: Communities Should Welcome Wal-Mart—In the Name of Freedom and Justice

Tuesday, February 17, 2004 in Ayn Rand Institute

Community / Economic Development United States

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