Confession: I'm not exactly a Bernie Bro but I am a supporter. . . .which means I'm on his e-mail list. Today, I got an e-mail from the good Senator from Vermont entitled Disney represents much of what is wrong with contemporary capitalism
. . . and as you can see from his message, we can add Bernie to the list of folks who kinda dislike Disney now. . . .
The Walt Disney Company is an enormously profitable corporation worth somewhere in the neighborhood of $150 billion. Last year, it made $9 billion in profits and rewarded its CEO, Bob Iger, with a compensation package worth up to $423 million over a four year period. And as a result of the Trump tax cuts, they were given an additional $1.6 billion.
At the same time — and this is a national disgrace — employees at the company’s theme park in Anaheim, California are paid so poorly that many of them are literally living in a tent city not far from the park.
According to one recent study, nearly 1 in 10 workers employed at the park reported being homeless in the past two years, more than 2 in 3 say they are food insecure, and 3 out of 4 employees say they do not make enough money for their basic needs.
This is not what Mickey Mouse and Donald Duck are supposed to be about. This does not sound like the “happiest place on Earth” to me.
Now, I could be wrong, but I don’t expect you will see the plight of these low-wage workers at Disney discussed tonight on ABC, which is owned by Disney. Nor do I think you will be hearing too much about income and wealth inequality in the mainstream media.
That is why I am heading to California this weekend to rally with these workers and union organizers fighting to demand that Disney pay all of its workers a living wage.
Notably, in the Solo thread I've been assessing Kennedy's chances of surviving as the head of Lucasfilm and oddly enough, I think this helps her chances of not getting axed in the coming days . . . but what do I know.