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
Second Great Depression? We should be so lucky. Or so Dmitry Orlov says. Orlov, an engineer who watched the collapse of the Soviet Union, argues that the United States is well into a similar process of collapse. In Orlov's model, collapse is divided into five stages: financial, commercial, political, social and cultural. The first one is currently happening, and the next two are guaranteed to follow; as for cultural collapse, that happened a long time ago, but people were to narcotised by consumerism to notice. And things look set to get very, very dire indeed, with runaway hyperinflation, shortages, the breakdown of political institutions, the fragmentation of the US, and, if the "social collapse" stage is reached, roaming gangs and ethnic cleansing.
posted by acb
on Dec 3, 2008 -
65 comments
Faith based prisons... Can Gov. Jeb Bush's new drive to introduce God to the inmates make a difference, or was Jesus 'dying for our sins' not enough already? Is Jesus a solution or an excuse?
"Night has fallen. He has died now.
A fly crawls over the still flesh.
Of what use is it to me that this man suffered,
If I am suffering now?" -
Jorge Luis Borges
posted by 0bvious
on Nov 25, 2005 -
36 comments
17 Minutes is a performance and video blog project by new media artist Chris Barr. It's about suicide. [MI]
posted by sjvilla79
on Nov 22, 2005 -
7 comments