Amazon-Walmart Briefing Note-Jan 2024-thumbnail

Business at an Inhuman Scale

How America's biggest retailers are driving its economic inequality crisis

As the two largest private employers and the two most dominant retailers in the US—the combined revenues of Amazon and Walmart totaled $1.125 trillion in 2022, greater than the gross domestic product (GDP) of all but the 16 largest economies on earth, and about the same as oil-rich Saudi Arabia’s GDP—it could be said that no two companies have a greater impact on the country’s inequality and poverty dynamics than Amazon and Walmart.



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Briefing paper