Walton's fueling of charter school operators -- the Mexico connection
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| A view of Wal-Mart’s distribution center north of Mexico City, in the municipality of Cuautitlán Izcalli. |
With a combined fortune of more than $90 billion, the Waltons–the immediate heirs of Wal-Mart founder Sam Walton–are the richest family in the world. Wal-Mart became the nation’s largest private employer and as the Nation's Lisa Featherstone calls them, "a flytrap for much-deserved criticism."
Philanthropy obscures the often unseemly process by which the money was made–and for Wal-Mart that’s at least part of the point.
The Walton Family Foundation has also become the single largest source of funding for the voucher and charter school movement. But here's something for charter schools running on Walton money to think about. A big