Supporters of a higher minimum wage, however, remain undeterred. "Wal-Mart's business model is pretty simple," said Amy Traub, an associate director of policy and research at equality advocacy group Demos, at a recent debate hosted by Intelligence Squared U.S. (IQ2) in New York.
"The company pays its workers poverty wages. It offers few benefits, and it manipulates workers' hours and understaffs its stores," Traub said. "That low-wage business model serves one purpose: It's so the company can maximize profits that go to some of the wealthiest people on the planet." [...]