Walmart's Dead Peasant Insurance

Walmart's dead peasant insurance policy, secretly taking out life insurance policies on rank-and-file employees naming the corporation as beneficiary, is less intrusive than #1 Amazon's bathroom monitoring because it doesn't surveil daily activities but still earns profits from worker deaths without families' knowledge until lawsuits exposed the practice in 2003. A 2000 filing revealed Walmart collected $24 million from these policies, with 90% of families unaware their loved ones were insured. This practice was 200% more profitable than the average corporate-owned life insurance scheme due to targeting low-wage workers with high mortality rates.