Wk 15A Structural Inequality Review

Wk 15A Structural Inequality Review - Wk 15A:Structural...

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Wk 15A:Structural Inequality Review Key Concepts Structural Inequality Feminization of Poverty Structural Racism Karl Marx Means of Production Surplus Value of Labor
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Key Concepts What is Structural Inequality What are the key indicators of structural inequality in the U.S? How can “the exploitative theory of inequality” (Marxist theory) help us understand how structural inequality is reproduced in capitalist societies?
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Some Facts about Wal Mart
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Fun Facts about Wal-Mart Wal-Mart is the largest retail store in the world. Wal-Mart is the largest grocery retailer in the US Approximately 80% of US residents shop at Wal-Mart at least once a year. Wal-Mart sold $316 billion worth of merchandise with a net income of $11.2 billion dollars in 2005 Wal-Mart is the second largest corporation in the world behind Exxon Mobile. Wal-Mart is a multinational corporation and international retail sales account for about 1/5 or 20% of its profits. Wal-Mart has 2,700 stores in 14 countries outside the United States. Who can name some other major multinational corporations?
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Work and Employment Conditions of Wal-Mart Wal-Mart is the single largest private employer in both the United States and Mexico. In 1999, female employees at Wal-Mart made up 73% of its workforce, but only one-third of its management positions Women make 5 to 15 percent less then men make at Wal-Mart for the same job Wal-Mart provides health insurance to approximately 40% of their employees Wal-Mart has a 50% employee turn-over rate. This means that half of all employees leave the company every single year. A 2003 wage analysis reported that cashiers, the second most
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Wk 15A Structural Inequality Review - Wk 15A:Structural...

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