Nationalize the Walton Family Wealth on #BlackFriday
Posted 2 hours ago on Nov. 24, 2013, 1:37 p.m. EST by OccupyWallSt
Tags: nationalize wealth, walmart, black friday
Tags: nationalize wealth, walmart, black friday
The Walton Family is collectively worth over $150 billion USD. Most of us struggle just to keep $150 dollars in our bank account, so it's hard to comprehend how much money that really is! Yet all of that $150 billion is divided amongst just 16 people. What if we distributed that money to the 2,000,000 global employees of Walmart? Is that too radical? If you don't think those people have earned the money, we could nationalize it instead. The Walmart fortune could be divided amongst the twenty seven countries in which they do business, granting each a settlement of $5.5 billion.
Even just looking at ten areas where you can find Walmart stores:
- United States: 314 million
- Argentina: 41 million
- Brazil: 199 million
- Chile: 17 million
- China: 1.3 billion
- Canada: 35 million
- United Kingdom: 63 million
- South Africa: 51 million
- Zambia: 14 million
- India: 1.2 billion
We are talking about is redistributing $150 million from 16 people to a pool of 2.3 billion people. We're serious. The democratic systems we put in place to protect us from people like the Walton Family have failed. It's time to try radical alternatives. We literally believe that the time has come to take from the rich and give to the poor.
Imagine what we could do if the United States had an immediate windfall of $5.5 Billion. Here are some examples:
Recover the $5 Billion Cut in Funding from the Food Stamps Program
With over 70% of the workforce on food stamps, this would immediately put food in the mouths of women and children who are always the hardest hit.
Or we could...
Quadruple spending for the Small Business Administration From $1.4 Billion to $5.6 Billion
One of the biggest problems in the United States is the support needed for people to start new businesses. Instead of loans, why don’t we just give people money to establish new businesses? The secret to building our communities is not sending in a company from outside, but to invest in the people living there, their skills, their talents. And an added bonus? Generational family groups can stay together and give each other the support that is needed, instead of being separated by economics.
Or we could...
Quadruple the Spending for Americorps and other programs that work in our communitiesfrom $1.1 Billion to $5.6 Billion
We would finally have the resources to properly take care of our grandparents and treasured elders. We would finally have the resources to support the Americorps volunteer program, and thus, our communities.
Or we could...
Nationalize the Company
What if we just nationalized (in each country that they work) Walmart? Then the only question would be, what would the United States do every year with its share of the $15 Billion in annual profit?
