“Unveiling Controversy: American Express’s Bold Move to Spark Debate with ‘Small Sweatshop Saturday'”

"Unveiling Controversy: American Express's Bold Move to Spark Debate with 'Small Sweatshop Saturday'"

In a bold move that’s sure to jingle some bells (or perhaps clank some chains), American Express has officially declared December 4th as its inaugural Small Sweatshop Saturday. Yep, you read that right—an entire day dedicated to “supporting” those cozy little factories that operate under the radar, employing a mere handful of overworked and underpaid staff. According to CEO Stephen Squeri, these small sweatshops are pivotal in driving economic growth—even if it means keeping pockets lined with low wages for the local undocumented workforce. I mean, who wouldn’t want to pitch in for a flickering fluorescent light to illuminate a windowless workspace, right? It’s practically philanthropy! So, as you scour local shops for those ethically questionable gifts, remember: every swipe of your card this Saturday not only boosts local businesses but also tightens the embrace of the local economy… in quite the ironic twist! Curious how this all works? Well, let’s just say it’s a tangled yarn that’s worth unraveling. <a href="https://theonion.com/wp-content/uploads/2024/11/AmericanExpressLaunchesNIBIHA_GR.webp”>LEARN MORE.

NEW YORK—In an effort to support factories that exploit cheap labor but employ 50 or fewer people, American Express announced this week that Dec. 4 would mark its first-ever Small Sweatshop Saturday. “Small sweat shops—which keep their undocumented and underage employees working the same long hours for the same low pay as their larger corporate competitors—are key to boosting economic growth,” said American Express CEO Stephen Squeri, noting that each year he buys Christmas gifts made at sweatshops in his native New York, which offer him a way to stay connected to people toiling away in unsafe, inhumane conditions in his own community. “It feels great knowing the money from your purchase goes into the pocket of a local employer, who then turns around and pays a fraction of the minimum wage to an immigrant worker, who then turns around and pays that money to a slumlord, and so on. You really are making a difference.” The CEO added that for each small sweatshop product purchased with an American Express card this Saturday, his company would donate $1 to install a single flickering fluorescent light in a windowless workspace.

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