Walmart is holding a Thanksgiving food drive for their own employees, because that's cheaper than paying them a living wage. PHOTO: Bobby P. CC License
Walmart, the world’s biggest retailer is holding a Thanksgiving food drive for its own employees. In the biggest tacit admission that the biggest companies are not paying their employees a living wage since McDonald’s provided a budget for their employees that included a second job, Walmart shows that the Thanksgiving staples cannot be afforded with any degree of comfort by the tens of thousands of cashiers, shelf-stockers, and other bottom-rung employees of the big box giant.
Walmart’s food drive for its own employees is juxtaposed by the coming of Black Friday, the shopping holiday where Walmart does a huge amount of business. Black Friday kicks off the Christmas season, where Walmart generally does great business. The fact that none of that extra money is trickling down to its employees shows a basic failure in the American Dream today, where hard work is supposed to equal big success.
For Walmart employees, their Thanksgiving will rely on the generosity of others, but that’s hardly the case for Walmart’s bosses. Nancy Walton Laurie has, according to Forbes, $3.9 billion, making her the poorest Walmart billionaire out there. She is eclipsed by S. Robson Walton ($26.1 billion), Alice Walton ($26.3 billion), Jim Walton ($26.7 billion), and Christy Walton ($28.2 billion). The labor of Walmart’s employees has not provided them enough for a real Thanksgiving dinner, but it has made members of the Walmart empire the 11th, 14th, 16th and 17th richest people in the world.