One of my favorite websites, Common Dreams, has reposted an artice by Mijin Cha of Demos that analyzes the career mobility of workers in the fast food industry. As you might expect, the career ladder has only one rung for most employees. Few employees are made manager. Even fewer will ever own a franchised restaurant that requires a net worth of $500,000. Cha points out that the owner of Yum Brands is a millionaire who made $55 million last year. He pays his employees $7.25 an hour. I would add to this that many conservative politicians, following the lead of Herman Cain, are arguing to abolish the minimum wage. Do people like the owner of Yum Brands deserve to be richer while tens of thousands of workers get poorer? Is that a free market – or the road to slavery?
P.S. Laura Clawson of Daily Kos adds to this point. As always, her articles are a must read on issues that affect working people.