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Bernie Sanders was invited to a Walmart shareholder meeting, and called for it to end ‘grotesque’ greed - The Boston Globe

posted onJune 11, 2019
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Article snippet: (Bloomberg) -- Bernie Sanders took his presidential campaign to the shareholder meeting of the nation’s largest employer, demanding that directors of Walmart Inc. give a seat on their board to an hourly worker. The self-described democratic socialist on Wedensday also called on the company to “do the right thing” and end “grotesque” greed and income inequality by boosting minimum pay for its workers to $15 an hour, although that measure wasn’t the formal proposal put before the board. The senator spoke for only a few minutes and then the Walmart board rejected the plan. He said the Waltons, who own the giant retailer, are “the wealthiest family in the world” but pay “starvation wages” to workers. The appearance before the board gathered in Rogers, Arkansas, gave Sanders a platform to take on President Donald Trump over the state of the economy. The Vermont senator argues that the growth the president boasts about still leaves behind rural and Rust Belt voters whose disillusion over job losses and low wages helped power the Republican into the White House three years ago. The intervention could also give Sanders some traction when the two dozen Democratic contenders begin to compete for coveted endorsements of the nation’s biggest labor unions. Hillary Clinton reaped the lion’s share when she and Sanders vied for the 2016 party nod, but this time unions could split as they weigh a group of mostly progressive candidates who are embracing their agenda, analysts sai... Link to the full article to read more

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