A follow-up to my 11/21 post:
This morning I attended a Black Friday demonstration at a Walmart in the Lakeview neighborhood of Chicago. Following a rally and press conference, a group of Walmart workers and solidarity activists stood in line across Broadway Avenue until they were led away by the police (see pix below). This courageous act of civil disobedience was but one of many similar actions that took place at Walmarts across the nation today.
For a smart and intelligent discussion of Walmart’s treatment of its workers, I highly recommend this recent post in the International Business Times:
As one of the world’s most valuable companies and one of its biggest private employers with 2.2 million globally, the family-run business brought in revenues of $469 billion in 2013 and generated profit of $27.8 billion over the same period. Despite this, the average Wal-Mart salary for its lowest-paid workers for a 40-hour week is about $18,720, which would be the figure for a five-day week if the employee worked 52 weeks a year and didn’t pay any tax. OUR Walmart, a group of current and past employees, says the average salary is actually about $9 an hour and most workers only work 34 hours a week, resulting in an annual $15,500…
Incidentally, it would take the average worker around 750 years to earn the $23.2 million that CEO Mike Duke earned in 2012, approximately 1,034 times more than the company’s average worker.