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by JackFr 2019 days ago
My life was transformed with the growth of WalMart and Amazon.

The quality, variety, convenience and price of goods available to me all improved. The Mom and Pop who had been financing their lifestyle on the backs of the rural poor were forced out of business. I feel a little bad for them, but it seems wrong to elevate them over the rest of the population.

2 comments

I don't think anyone here will disagree with you. They're just saying that this new system brings its own problems. Namely heightened labor monopsony. That doesn't mean we have to go back to mom and pop systems, but it probably does mean we should work on solving the new problems.
As Colin says, I don't disagree. I don't think twice about ordering an item on Amazon for $2 that a hardware store downstairs sells for $5. I understand why the store's margins need to be that high but I also need to make sound financial decisions and don't make enough to subsidize anyone else. At the end of the day I'm still contributing to Amazon's growth at the expense of a more fragmented market of small businesses.