The American Prospect reviewed a couple of books about Wal-Mart, and included this charming anecdote about Wal-Mart founder Sam Walton
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. Congress granted an exclusion, however, to small businesses with annual sales beneath $1 million -- a figure that in 1965 it lowered to $250,000.
The "values" of Wal-Mart, the largest private-sector employer in the U.S., are shaping our national economy -- and that's a very bad thing.
Walton was furious. The mechanization of agriculture had finally reached the backwaters of the Ozark Plateau, where he was opening one store after another. The men and women who had formerly worked on small farms suddenly found themselves redundant, and he could scoop them up for a song, as little as 50 cents an hour. 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 did not 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.
According to her mom, blogger Christy Keane, baby Charly was born “profoundly deaf.” In this truly heartwarming video, you’ll see this precious child responding to her mom’s voice for the first time ever through the miracle of hearing aids. Charly gets quite emotional and seems unsure whether to smile or cry. Who can blame her? […]
Who inspired you? The role that teachers play in influencing the lives of their students is something that’s been lost in current debates about education mandates and standardized testing. Teaching isn’t just about making sure kids can pass exams. It’s also about helping future adults find their gifts, discover their interests, and learn who they […]
This is a seriously incredible story. If you did not already kind of love Carl Sagan, and think of him as a sort of benevolent hippie grandpa, you totally will now. And the message here is seriously spot-on: The best way to honor the people who helped you realize your dreams is to help somebody […]
The Nintendo Switch is king when it comes to gaming on the go, but it’s tough to lose yourself in Zelda: Breath of the Wild or Skyrim if your battery dies out. That’s where this Nintendo Switch Battery Charger Case comes into play. Built exclusively for Nintendo Switch, this pack allows for uninterrupted charging while you play, […]
Creative designers play a pivotal role in engaging target audiences and customers, and while companies are eager to bring more of these professionals on board, you’ll have a hard time getting your foot in the door if you’re not using the industry’s best tools. From Adobe to Maya, the eduCBA Design & Multimedia Lifetime Subscription Bundle […]
As more companies aim to reel in costs and boost productivity, project managers are becoming an essential part of many operations, and they’re paid handsomely for their expertise. But, while demand is high, you’ll have a hard time getting your foot in the door if you’re not toting the right certifications. The Official Lean Six Sigma […]