The thing with Walmart is that they are the poster child for "The Race to the Bottom". While most of that mind set is over the legacy lives on.
If you did get to see the movie The Real Cost of Walmart, it shows how they force vendors to lower prices (I do think the movie was a hit piece of propaganda).
However the argument can be made who is really to blame here?
Are we (the public) Walmart minions and blindly buy things or do we just need to save every cent on every item we buy. I posed a question to someone one day, if two seemingly identical items were for sale and one was twenty percent (fifteen, ten, two?) higher but made in the USA and the other cheaper on was made someplace on the other side of the planet what would you buy?
Sadly most folks will buy the cheaper, maybe me too...
So is Walmart forcing us to buy cheap goods or are we forcing Walmart to sell cheap goods?
The other argument made is that the USA manufactures more things than it ever has. We have moved on from low skill jobs such as garment manufacturing or bulk machine operating jobs. We have higher skill jobs and better wages. With manufacturing pay scale kinda flat for decades the USA can be very competitive in certain areas. Is this argument true, well, I'll leave that to someone else to prove or not.
Lastly, why do we need to buy so much stuff? My grandparents had less disposable junk around the house and more money in the bank. (I am no different I could toss out half the stuff in the house and never miss it) Consumerism is a hobby today and the credit companies love it it seems. Folks go in debt to buy things they don't really need. Such goes life I suppose