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Responsible Wealth is a network of business leaders, investors, and inheritors in the richest 5% of wealth and/or income in the U.S. who believe that growing inequality is not in their best interest, nor in the best interest of society.
As beneficiaries of economic policies tilted in their favor, Responsible Wealth members feel a responsibility to join with others in examining and changing the corporate and government policies that are widening the economic gap. As wealthy and upper-income individuals, members speak out — in Congress, in the media, and in corporate boardrooms — for progressive taxes and greater corporate accountability. Learn more...
August 15, 2014
. 5 editorial praised Walmart for providing nontraditional banking options for the “underbanked” in select stores. While offering simple financial services such as low-cost check cashing sounds like a good idea, we are left to wonder what is motivating the largest retailer in the world to enter into this business. On the surface this looks like Walmart is providing a needed service to the community, but we don’t need to dig deep to see that this is another strategy to increase profits.