Has Wal-Mart Jumped the Shark?

Has Wal-Mart Jumped the Shark?

Facebook
Twitter
Email
Flipboard
Pocket

Always a rollicking affair, with the feel of a pep rally or revival meeting, by all accounts, the Wal-Mart shareholder’s meeting on Friday was over the top. According to Michael Barbaro, Wal-Mart correspondent for the New York Times, a cast of Broadway actors sang numbers like “Walk Across the Aisle,” “The Day That I Met Sam,” and “It’s About the Customer.” Has Wal-Mart jumped the shark?

For those of you that don’t watch — or talk about — television, “jumping the shark” is a term TV fans have long used to refer to the point at which a show goes downhill. It originates, of course, in that moment on “Happy Days” when Fonzie, water-skiing, jumps over a shark. Usually referring to a preposterous new plot twist, shark-jumping suggests some desperation on the part of the creators. Wal-Mart: The Musical certainly has that feel. Wal-Mart’s sales growth has been slow recently, lagging below Wall Street’s expectations.

One thing that hasn’t jumped the shark is anti-Wal-Mart resistance. In a national “Quarantine Wal-Mart” day of action Friday, thousands around the country, organized by Jobs With Justice and the Ruckus Society, donned hazmat suits and, armed with yellow caution tape, surgical gloves and face shields, had some fun at their local Wal-Marts. Why a quarantine? Because by not providing adequate health care coverage to its workers, the mega-retailer is hazardous to the health of our nation. Actions took place in Wheat Ridge, Colorado, Urbana, Illinois and even outside the Wal-Mart meeting itself, in Fayetteville, Arkansas.

Also notable at the meeting, Martha Burk, the feminist activist who made the Augusta National Golf Club synonymous with discrimination a couple years ago, presented a shareholder proposal on pay equity, particularly relevant in light of the ongoing class action suit Betty Dukes vs. Wal-Mart Stores. Wal-Mart refused to talk about these issues with groups like the National Organization for Women for years, but times are changing: Burk had a meeting with CEO Lee Scott Thursday, the day before the shareholder’s meeting.

We cannot back down

We now confront a second Trump presidency.

There’s not a moment to lose. We must harness our fears, our grief, and yes, our anger, to resist the dangerous policies Donald Trump will unleash on our country. We rededicate ourselves to our role as journalists and writers of principle and conscience.

Today, we also steel ourselves for the fight ahead. It will demand a fearless spirit, an informed mind, wise analysis, and humane resistance. We face the enactment of Project 2025, a far-right supreme court, political authoritarianism, increasing inequality and record homelessness, a looming climate crisis, and conflicts abroad. The Nation will expose and propose, nurture investigative reporting, and stand together as a community to keep hope and possibility alive. The Nation’s work will continue—as it has in good and not-so-good times—to develop alternative ideas and visions, to deepen our mission of truth-telling and deep reporting, and to further solidarity in a nation divided.

Armed with a remarkable 160 years of bold, independent journalism, our mandate today remains the same as when abolitionists first founded The Nation—to uphold the principles of democracy and freedom, serve as a beacon through the darkest days of resistance, and to envision and struggle for a brighter future.

The day is dark, the forces arrayed are tenacious, but as the late Nation editorial board member Toni Morrison wrote “No! This is precisely the time when artists go to work. There is no time for despair, no place for self-pity, no need for silence, no room for fear. We speak, we write, we do language. That is how civilizations heal.”

I urge you to stand with The Nation and donate today.

Onwards,

Katrina vanden Heuvel
Editorial Director and Publisher, The Nation

Ad Policy
x