Mises Wire

A
A
Home | Blog | Wal-Mart Shrugged

Wal-Mart Shrugged

March 28, 2007

Tags Interventionism

The Grey Lady reports that H. Lee Scott Jr., the Chief Executive of Wal-mart has decided against opening a location in New York City due to the intense opposition from unions, lobbyists, lawmakers, and other assorted community groups who have fought to stymie their efforts every step of the way.

But as Mr. Scott sees it, there is another reason Wal-Mart has such a hard time making inroads into some of the nation's biggest enclaves. Speaking about what he sees as snobbish elites in New York and across the country, Mr. Scott added, "You have people who are just better than us and don't want a Wal-Mart in their community."

Follow Mises Institute

Add Comment