General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI've heard that there will be a Black Friday boycott to strike back at the billionaires. True?
travelingthrulife
(3,763 posts)Chasstev365
(6,706 posts)hatrack
(63,959 posts)I've done Buy Nothing Day for decades, so I wouldn't be able to participate (alas!).
Tetrachloride
(9,228 posts)stay safe with family.
RainCaster
(13,315 posts)Spend your time and money at small local businesses.
Fiendish Thingy
(21,479 posts)Not a lot of Teslas being bought these days anyway.
Amazon (which more Cyber Monday than Black Friday) and Walmart are the main retail outlets owned by billionaires, the rest are publicly held corporations AFAIK.
RazorbackExpat
(748 posts)1972, to be exact
Fiendish Thingy
(21,479 posts)ProfessorGAC
(75,188 posts)The LLC & the family control about 83% of shares.
A few large equity firms hold around another 11%.
Individual investors in Walmart stock is a quite small number.
RazorbackExpat
(748 posts)The three living children of Walmart co-founder Sam Walton hold about 46% of Walmart's shares. This includes all shares in which they have direct or indirect ownership with sole voting and dispositive power.
3,002,673,393 (37.3%) - The shares owned by Walton Enterprises LLC are together managed by Alice, Jim, Rob and the John T. Walton Estate Trust, of which they are trustees.
652,044,261 (8.1%) - The three siblings are co-trustees of the Walton Family Holdings Trust.
31,521,372 (0.4%) - Shares held only by Jim Walton.
20,245,740 (0.3%) - Shares held only by Alice Walton
7,029,359 (0.09%) - Shares held only by Rob Walton.
INSTITUTIONS
About 35% of Walmart's shares are held by institutions. These are largely banks and investment groups.
https://www.4029tv.com/article/walmart-shares-own/60995075
ret5hd
(21,981 posts)today
tomorrow
black friday
EVERY dollar
is a vote on the world you want/the world you will accept/the world you resist
EVERY DOLLAR.
griloco
(861 posts)Shades of Montgomery Bus Boycott
NNadir
(36,920 posts)Prairie_Seagull
(4,552 posts)Gore1FL
(22,737 posts)https://www.snopes.com/fact-check/economic-blackout-november-thanksgiving/
https://www.cleveland.com/news/2025/11/nationwide-economic-boycott-targets-holiday-shopping-season-five-things-to-know.html
https://www.blackenterprise.com/economic-blackout-nov-25-dec-2-blackout-the-system/
https://centeredamerica.substack.com/p/the-mass-blackout-november-25-december
griloco
(861 posts)I got it off a TikToker.
But the title of the boycott is
Mass Blackout
which I'm sure will start popping up.
lark
(25,690 posts)bearsfootball516
(6,662 posts)Most people have realized that Black Friday deals largely aren't really deals at all.
mwmisses4289
(2,751 posts)is grocery or kitty food. And go to a local festival over that weekend. Otherwise, we stay home.
Hotler
(13,605 posts)Consumer dollars flow up to the top. Control the flow. Start with cutting as little as $25.00 a week. They say the No Kings March had 11 million people. If 11 million people cut $25.00 a week as an example, is $275 million, time 4-weeks a month, do the math. The more people that participate the larger the dent we put in their money supply. Screw the banks, cut down on credit card use. Deny them their processing fees.
If they can withhold, we can withhold.
know if its true, but I dont normally shop on Black Friday unless its to buy groceries or pick up medication I ordered.
hunter
(40,170 posts)It's the biggest source of friction in my marriage and it was the biggest source of friction in my family when I was growing up.
I had one grandmother who celebrated the traditional U.S.A. Christmas with full consumer excess and she imposed that on everyone, even her in-laws, none of whom agreed when, how, or if Christmas ought to be celebrated. My parents quit celebrating Christmas when my grandma died. Then they moved away. Thousands of miles away. Their only nod to Christmas was a large piece of driftwood they'd hang any Christmas cards they received on.
One of my siblings and his family plan always to be out of the country for Christmas, usually vacationing on some tropical beach.
Another of my siblings is in the same situation I'm in, reluctantly celebrating Christmas with consumer excesses and cultural appropriations that would likely horrify Christ.
But that's just me being judgmental.
Tree Lady
(12,899 posts)But only I think because he can't be with his daughter who lives out of state and is always busy or gone.
I love to decorate and look at the fairy lights, for me it's just a peaceful thing, I am not religious, but I am spiritual more a naturalist.
Gift wise I am down to a few small gifts and that's all for the kids and grandkids, my husband and I only buy some silly fun things in stockings. Every year this part gets less and less.
That said my husband knows I love the holiday so he puts up a few lights and we cut a tree down at a farm in the mountains. He likes to see me happy and I appreciate all he does for me, I definitely don't expect or want him to do more than he does. Throughout the year I do things for him I know he likes. I guess that's part of trying to make a marriage work.
I am sorry you hate it, maybe when it's not holiday time you can talk to her make a compromise.
flvegan
(65,476 posts)A HERETIC I AM
(24,838 posts)They are all locally owned, employ your neighbors and if they are anything like the one a mile from my house, they are great places with happy employees who have been with the store for years. The guy who looks after the greenhouse and plants has been with my store for 20 years.
Shop your locally owned clothing retailers. Is there a tailor or a dressmaker in town? Visit them instead of Target or WalMart.
Shop local. That helps the people who need it. The money spent in a small, locally owned business stays in your town.
The money spent in a WalMart is transferred to Bentonville, Arkansas that night.
pinkstarburst
(1,832 posts)and consumers just push back their Christmas spending to the following week, it will have zero impact.
A boycott is a good first step, but we also need messaging about not buying excess items you don't need for Christmas. There is so much overconsuming at the holidays.
We need to spread messaging about instead of doing White Elephant exchanges, everyone at the office donates a few bucks to their favorite charity. Help a family in need.