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Friday, May 31, 2013

Huffington Post Reports "Walmart's Low Wages Could Cost Taxpayers $900,000 Per Year, House Dems Find"


This happened in the factories in England during the 1860's.  Factory wages were held so low that the local parish supplemented workers' income in order to help the workers stay alive.  This fact is documented by Marx in Capital Vol. 1.  Moreover, this is exactly the kind of thing Wal-Mart is doing.  I'd be willing to bet that the price tag reported by the House Democrats is grossly understated.  In addition, as noted above, Wal-Mart associates must also rely on Medicaid to survive.  Yet, the Wal-Mart family heirs control as much wealth as the lower 40% of Americans.  These are not handouts to the working poor:  Rather this shifting of Wal-Mart's responsibilities for providing living wages amounts to a tax-payer supplied hand-out to Wal-Mart.  Democracy is impossible without economic democracy.

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