As I said this is a tactical argument. Maybe it is better to concede this battle, but I'm not totally convinced, for the reasons stated.
I agree that Walmart isn't any sort of an exemplar of the free market. But understanding how government props up Walmart is important too.
It's not just that Walmart buys local government. They certainly do, and this is a problem, and it's enabled by the cession of freedom. If people had not got behind zoning laws, building codes, regulations, and some project they wanted tax funding for, all of those powers used by Walmart against the locals would not exist.
More importantly all of the regulation and corporate taxes help corporations by raising the barrier to entry of competition who would otherwise bid labor prices up, thus keeping wages depressed. And combined with minimum wage laws and the dole, which are just soft price controls, cause unemployment.
This is the central lesson. Government will not ever be used against capital. It never has and never will. Even in 'communist' states there is always an oligarch class.
The free market disperses resources. It's very difficult to aggregate capital in a free market for any sustained period of time. The solution to this problem is government. The only reason government exists is to protect aggregations of capital from the market. The common belief that it does anything else is a pernicious lie.
There is a reason we have corporations and Houses that last for centuries. It's not because of freedom or free markets. It's because capital sold the lie that government power would be used against capital.
Government power, like anything else, will always and can only ever, go to the highest bidder. The larger the government, the greater wealth disparity will become. This happens always and everywhere. It happened in the USSR. It happens here.
Want DP delivered to your inbox daily? Subscribe here: