Economy

In Fiscal Cliff Deal, Don’t Chain Grandma to Smaller Social Security Checks

In Fiscal Cliff Deal, Don’t Chain Grandma to Smaller Social Security Checks In Fiscal Cliff Deal, Don’t Chain Grandma to Smaller Social Security Checks

The chained CPI proposal in Obama's fiscal cliff offer will hurt impoverished elderly women.

Dec 18, 2012 / Blog / Bryce Covert

Activists Stage ‘Block the Boat’ Protest Against Ship Bearing Walmart Goods From Bangladesh

Activists Stage ‘Block the Boat’ Protest Against Ship Bearing Walmart Goods From Bangladesh Activists Stage ‘Block the Boat’ Protest Against Ship Bearing Walmart Goods From Bangladesh

New Jersey protesters are holding Walmart accountable for a factory fire that killed 112 Bangladeshi workers. 

Dec 18, 2012 / Blog / Josh Eidelson

CODEPINK Exposes the Cayman Islands Tax Scandal

CODEPINK Exposes the Cayman Islands Tax Scandal CODEPINK Exposes the Cayman Islands Tax Scandal

Over 100 Americans with CODEPINK and The Nation protested in front of the Ugland House, where some 18,000 corporations hide their tax dollars.

Dec 18, 2012 / Video / CODEPINK

Walmart VP: When Workers Ask About Unions, Management Tells Them Benefits ‘Might Go Away’

Walmart VP: When Workers Ask About Unions, Management Tells Them Benefits ‘Might Go Away’ Walmart VP: When Workers Ask About Unions, Management Tells Them Benefits ‘Might Go Away’

Did a Walmart vice president just reveal illegal union-busting?

Dec 17, 2012 / Blog / Josh Eidelson

House Republicans’ Three Big Lies About the Volcker Rule

House Republicans’ Three Big Lies About the Volcker Rule House Republicans’ Three Big Lies About the Volcker Rule

It’s past time for the rule to stop banks from making making risky bets with consumers’ money. But a House committee hearing devoted itself to stalling and lying about ...

Dec 17, 2012 / Alexis Goldstein

Josh Eidelson: Right-to-Work Laws Are Good for Corporations, Not Workers

Josh Eidelson: Right-to-Work Laws Are Good for Corporations, Not Workers Josh Eidelson: Right-to-Work Laws Are Good for Corporations, Not Workers

Governor Rick Snyder ignored the interests of Michigan workers to please his corporate backers. 

Dec 17, 2012 / Nation in the News / Press Room

Global Day of Action Hits Walmart in 10 Countries Global Day of Action Hits Walmart in 10 Countries

Today Walmart workers are demonstrating at the company headquarters in Argentina; marching through Miami, Florida, and Santiago, Chile; leafleting customers in Nicaragua; rallying outside stores in Brazil, India and South Africa; and delivering a letter to the head office of Walmart’s UK subsidiary ASDA. As I reported yesterday, actions are planned today in ten countries, on five continents, as part of a Global Day of Action in protest of alleged retaliation against workers who are organizing in the United States. The protests are a project of global union federation UNI, the US union-affiliated Making Change at Walmart campaign and the union-backed worker group OUR Walmart. “It’s wonderful to know that Walmart workers around the world are standing with us,” Jesus Vargas told reporters on a noon conference call. “Our actions affect not just Americans, but our customers and workers around the world.” Vargas, who worked for Walmart in Placerville, California, and joined OUR Walmart two years ago, is among the workers who have filed National Labor Relations Board charges alleging they were illegally fired for their activism. UNI has expressed concern that, if left unchecked, Walmart’s alleged abuses in the United States could spread to more workers in other countries. Walmart did not immediately respond to a noon request for comment. In past statements to The Nation, the company has denied retaliating and dismissed the protests as publicity stunts it says represent hardly any workers. Among those joining Vargas on the call was an eighteen-year Walmart worker in Argentina who said he was also punished for his workplace activism. He was a leader in organizing the union in his store years ago, a chance which he said led to changes including guaranteed hours of work. Before the union, he said in Spanish, “there was no respect for anybody.” But even now, he said, “I’m always attacked by the company.” He helped organize today’s protests in Argentina, which are demanding both an alleged to retaliation in the United States and the payment of end-of-year bonuses in Argentina. Asked whether the global activism could escalate to strikes, UNI official Lisa Eldret told The Nation, “What happens in the coming months will very much depend on their response to the action today and whether or not they’re prepared to listen to the demands that workers in so many different countries are putting forward.” Arjet said UNI does not yet have a count of the number of workers or stores involved in today’s actions. In a letter dated today, UNI General Secretary Philip Jennings told Walmart CEO Mike Duke that workers “are taking action to call on Walmart to respect the fundamental labour rights set out in the ILO Core Conventions and join the ranks of responsible employers in the retail sector who have taken this step to ensure decent labour rights and standards for their workers.” He called on the company to align itself with the United Nations Guiding Principles on Business and Human Rights. Jennings’ letter also requested a meeting with Duke “as soon as possible at a venue of your choice…” Today’s actions are the latest example of union members in other countries pressuring their employers over treatment of workers in the United States. Such tactics have been deployed by European Ikea workers to support organizing in Virginia, and by Austalian employees of the logistics company Toll Group to support port truckers in California. Unlike Ikea’s or Toll’s, nearly two-thirds of Walmart’s direct employees worldwide are in the United States (1.4 million out of 2.2 million), which may reduce the leverage of workers’ abroad. But international markets figure prominently in Walmart’s expansion plans. Nelson Lichtenstein, who directs the Center for the Study of Work and Democracy at the University of California Santa Barbara, told reporters that repeated setbacks in winning approval to build stores in areas like New York City and Los Angeles have left Walmart “desperate to expand abroad.” Those ambitions—and the developing scandal over alleged Walmart corruption in countries including Mexico and India—could heighten the significance of the global campaign. Like this article? Support this journalism with a $5 donation now. As Walmart spreads around the world and acquires existing chains, said Lichtenstein, “they provoke conflicts in their efforts to transform the wages and working conditions to accord with the American model…. We find that there’s tremendous resistance to that around the world, and now in the United States.” Find out how you can show solidarity with Walmart workers around the world./em>

Dec 14, 2012 / Blog / Josh Eidelson

This Week in Poverty: Kristof’s Swing and Miss

This Week in Poverty: Kristof’s Swing and Miss This Week in Poverty: Kristof’s Swing and Miss

New York Times columnist Nicholas Kristof acknowledges that he is no expert on domestic policy, and then sets out to prove it.

Dec 14, 2012 / Blog / Greg Kaufmann

Listen to the Fed: Unemployment Is the Real Problem Listen to the Fed: Unemployment Is the Real Problem

Ben Bernanke described the persistence of mass joblessness as “a waste of human and economic potential.”

Dec 13, 2012 / Blog / William Greider

Lee Fang: The Corporate Cash Behind Michigan’s ‘Right to Work’ Legislation

Lee Fang: The Corporate Cash Behind Michigan’s ‘Right to Work’ Legislation Lee Fang: The Corporate Cash Behind Michigan’s ‘Right to Work’ Legislation

What caused Michigan Governor Rick Snyder’s political 180 on anti-labor legislation?

Dec 13, 2012 / Nation in the News / Press Room

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