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How Wal-Mart's values are shaping America's economy -- and why this is a very bad thing:
Around the time that the young Sam Walton opened his first stores, John Kennedy redeemed a presidential campaign promise by persuading Congress to extend the minimum wage to retail workers, who had until then not been covered by the law.
Walton was furious. Now the goddamn federal government was telling him he had to pay his workers the $1.15 hourly minimum. Walton's response was to divide up his stores into individual companies whose revenues didn't exceed the $250,000 threshold. Eventually, though, a federal court ruled that this was simply a scheme to avoid paying the minimum wage, and he was ordered to pay his workers the accumulated sums he owed them, plus a double-time penalty thrown in for good measure. Wal-Mart cut the checks, but Walton also summoned the employees at a major cluster of his stores to a meeting. "I'll fire anyone who cashes the check," he told them.
posted by acb
on Sep 14, 2009 -
259 comments
The Rise of the Ideopolis "Democrats have been gaining strength in areas where the production of ideas and services has either redefined or replaced an economy dependent on manufacturing, agriculture, and resource extraction. Many of these areas are in the North and West, but they are also in states like Florida and Virginia. Republicans are strongest in areas where the transition to postindustrial society has lagged. Many of these are in the Deep South and Prairie States. As Democratic politics has evolved over the last decade, it has increasingly reflected the socially liberal, fiscally moderate priorities of these new areas -- what we call a politics of progressive centrism. Republicans have continued to espouse an anti-government credo closely identified with business and the religious right -- a politics that plays well in parts of the Deep South but not in a new postindustrial America." (Check out
what's going on in Illinois). If that doesn't work, there's always the
NASCAR Democrats.
posted by owillis
on Sep 30, 2002 -
15 comments
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