“Great Gatsby,” meet Raise Up Milwaukee. And New York. And Chicago. And St. Louis. And Detroit.
How ironic that while the film is recreating a past era of excess and greed, employees in the fast-food and retail industries across the country are engaging in unprecedented strikes over today’s flow of wealth from working people to the rich.
In the past month, hundreds upon hundreds of fast-food and retail workers walked off the job in five major cities, including, most recently, Milwaukee, where hundreds of workers went on strike Wednesday at major national brands like McDonald’s, Burger King, Wendy’s, Taco Bell and Denny’s. These historic one-day strikes follow a similar walkout on last fall’s Black Friday shopping day by workers at Walmart.
What has motivated workers with no job security to draw a line and tell some of the world’s richest corporations that enough is enough?
As in Jay Gatsby’s time, the rich are partying like there is no tomorrow, at working people’s expense. One in four American workers is paid less than $10 per hour, well below the poverty line. These include people who prepare food, stock warehouses, staff customer service centers, and care for children, the sick and the elderly.
Sub-poverty wage levels have helped fuel the growth in average CEO pay that is now 354 times the average worker’s – up from 42 times in 1982. Corporate cash reserves and the stock market are at an all-time high.
With the average Walmart clerk making only $8.81 per hour, the six heirs to the Walmart fortune have pocketed about $100 billion in wealth – more than the least well-off 41 percent of Americans combined.
McDonald’s raked in $5.5 billion in profits in 2012, while Yum! Brands, which includes KFC, Taco Bell and Pizza Hut, took home $1.6 billion in profits.
With government failing to act and corporations succeeding in keeping out unions, the Robin-Hood-in-reverse economy is steadily getting worse. A majority of jobs created in the economic recovery have been in low-wage industries. Unless pay levels are raised, seven out of 10 growth occupations over the next decade will be low-wage positions, according to the U.S. Bureau of Labor Statistics.
Raises and the right to form unions would shift money back to working families for basic necessities, instead of sending it off to distant corporate headquarters to pad profits for executives and Wall Street stockholders. That shift, in turn, would help support small businesses and jobs in local communities.
The National Restaurant Association argues that the restaurant industry provides opportunities for millions of Americans, women and men from all backgrounds, to move up the ladder and succeed. But the problem for executives in low-wage industries is that increasing numbers of working people can see that this promise is simply not true today, as it was not in Gatsby’s era.
Working people have seen how today’s economic story line plays out, and they are willing to risk their jobs to flip the script.