Labor & Economy
Walmart's Bunker Mentality
On the heels of Walmart’s 50th birthday, several writers have examined the outsized wealth accumulated by six members of the Walton family, the clan that exercises controlling interest over the retail giant. The University of Californian, Berkeley’s Sylvia Allegretto, for example, has written that even as their fellow members of the Forbes 400 club lost wealth between 2007 and 2010, the Walton heirs actually accumulated more.
Meanwhile, Josh Bivens of the Economic Policy Institute notes the Walton family wealth is now “as large the bottom 48.8 million families in . . . wealth distribution (constituting 41.5 percent of all American families) combined.” We took a few of these stats to have some fun picturing how they might play out back at Walmart HQ in Bentonville, Arkansas.
-
Column - State of InequalityNovember 28, 2025Santa Fe’s Plan for a Real Minimum Wage Offers Lessons for Costly California
-
Latest NewsDecember 8, 2025This L.A. Museum Is Standing Up to Trump’s Whitewashing, Vowing to ‘Scrub Nothing’
-
Striking BackDecember 4, 2025Home Care Workers Are Losing Minimum Wage Protections — and Fighting Back
-
The SlickDecember 2, 2025Utility Asks New Mexico for ‘Zero Emission’ Status for Gas-Fired Power Plant
-
Latest NewsDecember 1, 2025Accountable to No One: What 1990s L.A. Teaches Us About the Trump Resistance
-
Dirty MoneyDecember 3, 2025Trump’s Anti-Climate Policies Are Driving Up Insurance Costs for Homeowners, Say Experts
-
Child FarmworkersDecember 5, 2025To Protect Underage Farmworkers, California Expands Oversight of Field Conditions
-
Column - State of InequalityDecember 4, 2025Can California Claw Back Some Medi-Cal Care?

