Forum Post: Why don't Walmart workers simply buy the company and raise all their wages?
Posted 12 years ago on Sept. 20, 2012, 11:54 a.m. EST by TheRazor
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I still dont understand why OWS doesnt support this.
http://www.huffingtonpost.com/sherry-moss/finding-meaning-work_b_822876.html
Do you really think their long term plan is to stay working at wal mart forever?
Why not?
Other People Are Reading Salary for an Assistant Manager at Wal-MartThe Average Salary of a Wal-Mart Store Manager
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Average Salary in the United States The average salary of a Walmart store manager in the United States is $83,000 as of October 2010, according to Simply Hired.
Variations by State As with most jobs, the average salary of a Walmart manager varies significantly depending on your location. Simply Hired puts the average salary of a Walmart manager in Arkansas, the home state of Walmart founder Sam Walton, at $94,000, which is $11,000 higher than the national average. Conversely, the average salary of a Walmart manager in Montana is $67,000, or $16,000 lower than the national average.
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Why do you not crawl back under your rock?I do not understand this.
hmm walmart workers are on food stamps and you want them to buy the company?
A bargain at $250 billion. Each of 1.5 million workers would only need to pay $166,000 to buy it. Maybe if you chipped in too?
If Walmart is selling for 250, it's undervalued for a reason.
Well then workers are fucked. No one is going to pass a law just arbitrarily raising wages and no one is just going to give a company to the workers w/o just compensation.
Why not support forming a worker-owned cooperative as a rival to Walmart?
FreeDA/CES
The FreeDA Cooperative Employment Service is the 501(c)4 organization that would assess the skills of the unemployed individuals to patronize it and match them with a suggested cooperative business plan. Upon acceptance or rejection of the plan for an alternative plan, the FreeDA/CES would facilitate the crowdfunding of the new cooperative business. Of course, each municipality of cooperative communities should have their own branch of a nationwide Cooperative Credit Union to handle both cooperative and personal accounts. With the FreeDA Cooperative Employment Service and FreeDA Cooperative Credit Union established nationwide, the unemployed of each city would be consistently channeled into either newly or already established worker-owner cooperatives, modifying the economic well-being of society at a fundamental level.
http://occupywallst.org/forum/free-democracy-amendment/
They don't have to buy the whole company just controlling interest. Even that wouldn't happen because they know the value of company would plumit and then they will have wasted their money, no way they're going to risk that. It's easier to just sit back and comp. and risk nothing