The Hyper-Wealthy Own Us (Literally)

By: Thursday June 19, 2014 8:03 am

Last year eight Americans — the four Waltons of Walmart fame, the two Koch brothers, Bill Gates, and Warren Buffett — made more money than 3.6 million American minimum wage workers combined

 

Rollback…

By: Friday June 6, 2014 1:30 am

You go…

May 2014 Jobs Reports: Good News, Bad News

By: Wednesday June 4, 2014 2:18 pm

Through all these four plus years of job growth to get back to where we were at the start of the Great Recession, we have been falling behind as it takes roughly 90,000 new jobs each month just to keep up with the new people entering the job market each month. If we take it back to the beginning of the Great Recession in December 2007, we are still in the hole on needed jobs by a bit over 7M (6.5 (years) x 12 (months per year) x 90K (jobs per month) = 7,020,000.)

Despite Falling Revenues, Walmart Increases Pay for Top Execs

By: Monday May 12, 2014 9:19 am

Sometimes the effects of our social and income inequality are easy to see, but hard to measure.

But not in this case: despite falling revenues, and despite only reluctantly paying minimum wage to its workers, Walmart increased the pay for its top executives. The people who do the labor get little. The people who make the decisions that can cause falling revenues get more (and more and…) Could it be any clearer what is going on?

China To Become World’s Leading Economy This Year

By: Wednesday April 30, 2014 2:25 pm

Can we finally write off neoliberalism as a bad idea? Due to alterations in how the World Bank calculates wealth China is set to surpass the United States as the world’s largest economy this year. Previous predictions imagined China overtaking the US in the next decade.

Walmart Supports Raising Public Food Benefits — For Its Own Profit

By: Tuesday April 8, 2014 9:05 am

Walmart supports an increase in the Supplemental Nutrition Assistance Program (SNAP, i.e., food stamps) benefits, to erase the cuts Congress voted into place last fall. Does Walmart really care more about the fate of about hungry children than does Congress? Um, not really. Walmart has instead acknowledged publicly that federal cuts to food stamps are a threat to its bottom line.

It’s Time To Stop This Stunt: Doorbuster Deaths and Injuries on Black Friday

By: Tuesday December 3, 2013 4:17 pm

Anyone else sickened by the the fact that this has been happening so long that they can track it year over year? Yea for reduction of injuries and deaths but boo to it STILL HAPPENING.

At Least 116 Arrested in Planned Civil Disobedience at Walmart Stores on Black Friday

By: Saturday November 30, 2013 10:40 am

Protests planned by current and former Walmart Associates and a coalition anchored by the United Food & Commercial Workers (UCFW) were held at various Walmart locations across the United States. Over 110 arrested were arrested while engaging in civil disobedience.

#WalmartStrikers in Full Force on #BlackFriday

By: Friday November 29, 2013 11:20 am

Today is Black Friday, which for some will mean getting into fights in shopping aisles. But for workers at Walmart it is a time to protest the unfair labor practices of the largest global retailer. Walmart is facing protests from workers in both the US and Canada for better treatment.

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