Walmart functions more like an arbitrage financial firm than a retailer.

Evidence

Walmart might be understood as having more in common with a financial firm specializing in arbitrage (lightning-fast trading that profits from the momentary differentials between prices in different markets) than with retail in any conventional sense of the term. — Max Haiven, Cultures of Financialization, 285

Categorization

• XREF: Core thesis link to deWaard — the claim that retail is now a form of financial arbitrage is exactly the financialization-of-culture argument extended into commercial infrastructure. — connects to: Walmart functions as a vector stitching financialization and risk management into everyday life. — Max Haiven, Cultures of Financialization, 272; Walmart exemplifies and shapes everyday financialized capitalism in America. — Max Haiven, Cultures of Financialization, 246
• DEFINE: Usefully defines arbitrage in passing.

Broader Connections

• Walmart functions as a vector stitching financialization and risk management into everyday life. #expands (0.90) — Max Haiven, Cultures of Financialization, 272
• Walmart exemplifies and shapes everyday financialized capitalism in America. #expands (0.85) — Max Haiven, Cultures of Financialization, 246