Rick Sanchez explains the economic impact of migrants on the US. Then Pulitzer prize-winning Chris Hedges, host of “On Contact,” joins Rick Sanchez to discuss the “penny capitalism” and “regional capitalism” that the US Hispanic population engages in and which fuels true wealth creation. He contrasts these forms with the “corporate capitalism” that decimates communities as well as the planet. They also discuss the dearth of critical reporting on the topic in corporate media and the reasons behind it.
A basic income — the concept of everybody getting a regular check from the government regardless of circumstance — is one of those ideas that sound wonderful on the surface but proves to be much less so once we examine the details.
Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research and development, reducing company debt or paying employees a higher wage. What would you want done about it? Since you and other shareholders are the owners of the company, you’d likely say “give us back our money in cash dividends.”
The Transformer: Sabotage for Peace
From the book Radical Peace: People Refusing War
By William T. Hathaway
Published by Trine Day
A former student of mine works as a janitor. After graduating from college he worked as a market researcher and an advertising salesperson, but both jobs soured him on the corporate world. He hated being a junior suit, and the thought of becoming a senior suit was even worse.
Five activists were arrested at Yahoo! headquarters in Sunnyvale, California, June 24, 2013, in a protest over the firing of eleven Walmart employees who this month went on strike. The planned civil disobedience action followed an hour-long demonstration in the Yahoo! lobby; about thirty workers and supporters gathered to demand a meeting with Yahoo! CEO Marissa Mayer, who joined Walmart’s board last year.
In Savar, an industrial suburb of Dhaka, Bangladesh’s capital, at least 300 workers, mostly women, died at the Rana Plaza garment factory building collapse on April 24. In addition to the appalling number of deaths, more than 1,200 were injured there in the worst industrial disaster ever to befall this country.
The search continues to find survivors trapped in the rubble. Emergency crews have heard cries of workers pleading to be rescued, many crying out that their children need them.
Ralph Nader talked about his Huffington Post piece on income inequality and the growing gap between chief executive officers’ pay and that of the typical wage earner. He responded to telephone calls and electronic communications.
Nancy Calo read news headlines from C-SPAN Radio at the end of the program.
The Harkin/Miller bill to increase the federal minimum wage to $10.10 by 2016 (in three years) still does not catch up with the federal minimum wage in 1968, adjusted for inflation, which should be at least $10.50 per hour in 2013.
Since 1968, worker productivity has doubled and all workers have received for this effort is a shrinking minimum wage. In other words, one Walmart worker today does the work that two Walmart workers did in 1968 and receives less pay, inflation adjusted, than either of those workers 45 years ago.
Arun Gupta is a co-founder of The Indypendent and The Occupied Wall Street Journal, and has covered the Occupy movement for The Guardian, Salon and many other publications around the world. Recorded in Toronto, 22 February 2013.
How could Barack Obama say, in his State of the Union speech, “let’s declare that in the wealthiest nation on earth no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9.00 an hour”?
Back in 2008, Obama campaigned to have a $9.50 per hour minimum wage by 2011. Now he’s settling for $9.00 by 2015! Going backward into the future is the price that poverty groups and labor unions are paying by giving Mr. Obama a free ride last year on this moral imperative. How can leaders of poverty groups and unions accept this back-of-the-hand response to the plight of thirty million workers who make less today than what workers made 45 years ago in 1968, inflation adjusted?
The corporate state has made it clear there will be no more Occupy encampments. The corporate state is seeking through the persistent harassment of activists and the passage of draconian laws such as Section 1021(b)(2) of the National Defense Authorization Act—and we will be in court next Wednesday to fight the Obama administration’s appeal of the Southern District Court of New York’s ruling declaring Section 1021 unconstitutional—to shut down all legitimate dissent. The corporate state is counting, most importantly, on its system of debt peonage to keep citizens—especially the 30 million people who make up the working poor—from joining our revolt.
Mike Duke, CEO
Dear Mr. Duke,
Walmart, your gigantic company, is increasingly being challenged by your workers, government prosecutors, civil lawsuits, communities (that do not want a Walmart), taxpayers learning about your drain on government services and corporate welfare, and small businesses and groups working with unions such as SEIU and UFCW. Thus far, Walmart is successfully playing rope-a-dope, conceding little while expecting to wear down its opposition.
Alan Maass reports on the surge of struggles around the U.S. against Wal-Mart, including the outcome of a strike at the company’s giant distribution center in Illinois. SocialistWorker.org
October 10, 2012
Image by By Matt Hamilton @ Neon Tommy via Flickr
IN WAREHOUSES and stores around the country, Wal-Mart workers are putting a new spin on the company’s famous slogan “Save money, live better.” Best of all, they’re beginning to see some concrete victories.
In a high-profile battle in Elwood, Ill., southwest of Chicago, workers at the largest warehouse in the Wal-Mart distribution chain returned to their jobs victorious after a three-week strike. The 38 workers won promises that their demands about harassment and management retaliation will be addressed–and they will get full wages for the time they were on strike.