The great Wal-Mart debate

It's not just Peak Oil where Dan Ferris is stirring the pot.  His thoughts in Thursday's DR about Wal-Mart prompted this pithy comment from Long Emergency author James Howard Kunstler:

     There is nonsense and then there is f—ing nonsense.

     The damage that WalMart and other chains have done to the social and economic infrastructure of American communities is out-of-this-world.

      The "bargain" in "bargain shopping" is that Americans saved nine dollars on a hair dryer while they threw away nine trillion dollars worth of civic amenity. Dan Ferris's bean-counter view of the phenomenon is limited to an extreme. 

The Daily Reckoning