In fact, Walmart has a long history of law-breaking, not only in retaliation for employee activism but also in exploiting immigrants, paying women less than men for the same jobs, breaking environmental laws and bribing Mexican officials, among many other infractions. Walmart has also recently earned well-deserved negative publicity for its complicity in thwarting safety improvements at Bangladesh sweatshops that make clothes sold in Walmart stores. One of them was the eight-story Rana Plaza factory building near Bangladesh’s capital, Dhaka, where last April at least 1,100 workers were killed after the building collapsed—the deadliest garment industry disaster in history.... Walmart has become a symbol—and a major cause—of the nation’s widening gap between the super-rich and the rest. The company’s controlling family, the Waltons, have a net worth of more than $144 billion. This is more than the total wealth of 40 percent of all Americans—over 125 million people. Walmart CEO Michael Duke received over $20 million in compensation last year. Last year Walmart made $17 billion in profits.
Posted on: Wed, 20 Nov 2013 19:46:25 +0000
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