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.
-
Dirty Money: U.S. Banks and the Climate CrisisMarch 11, 2024
Many of the U.S. Banks Funding Coal Have an Unusual Carve-Out
-
Latest NewsMarch 22, 2024
In Georgia, a Basic Income Program’s Success With Black Women Adds to Growing National Interest
-
The SlickFebruary 28, 2024
Proposed Drilling Near Suburban Denver Superfund Site Raising Flags
-
Class WarMarch 12, 2024
Power of the Pulpit: How Conservative Congregations Scale the Church-State Wall to Political Victory
-
Striking BackMarch 25, 2024
Unionizing Planned Parenthood
-
State of InequalityFebruary 29, 2024
Labor Scores a Victory at Cal State Campuses
-
Latest NewsMarch 13, 2024
A Disease Took Her Mobility. Now, at 70, She Could Lose Her Home.
-
Class WarMarch 26, 2024
‘They Don’t Want to Teach Black History’