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Wal-Mart Battles With Marx’s Ghost in India: William Pesek

India has a Wal-Mart problem. This may not sound remarkable, considering that China and the U.S. do as well.

China’s preference for sweatshops to supply the Arkansas-based behemoth impedes the creation of a vibrant domestic market. America’s addiction to cheap goods made in China helped kill a once-prosperous manufacturing sector.