Copyrighted Image? DMCA | A few days ago Walmart, America's largest employer, announced that it will raise wages for half a million workers. For many of those workers the gains will be small, but the announcement is nonetheless a very big deal, for two reasons. First, there will be spillovers: Walmart is so big that its action will probably lead to raises for millions of workers employed by other companies. Second, and arguably far more important, is what Walmart's move tells us -- namely, that low wages are a political choice, and we can and should choose differently. The point is that extreme inequality and the falling fortunes of America's workers are a choice, not a destiny imposed by the gods of the market. And we can change that choice if we want to. |
Read the rest of the story HERE:
At www.nytimes.com
At www.nytimes.com
