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ru24.net
World News in Dutch
Май
2016

Raise Up, Capitalists!

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Walmart sits in the top spot in the Fortune 500 list of largest public companies. It is the world's largest company by revenue, as well as the biggest private employer in the world with 2.2 million employees. In terms of market value, it is one of the world's most valuable companies.

When you're sitting at the top of a hill, you're an easy target. And this company is a magnet for criticism of our capitalist system. And there are other reasons why Wal-Mart has drawn fire: mostly, its famously cheap pay scales. In the past, many employees at Wal-Mart have taken home some such meager paychecks they need government assistance to pay bills. Not long ago, in a panel discussion, a percentage from a number of years ago resurfaced: the Wal-Mart family, which owns the majority of the public company's stock, has more wealth than the entire bottom 30-40 percent of the American population.

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