The Walmart-Free City
In October, the city council of Portland, Oregon, in between updating the payroll system for the police honor guard and changing the duties of the golf advisory committee, adopted a resolution banning Walmart—and Walmart alone— from the city’s investment portfolio. The resolution, unanimously approved, cited an anonymous executive who was quoted in Charles Fishman’s 2006 book, “The Wal-Mart Effect,” saying, “They have killed free-market capitalism in America.”
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