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by lrdswrk00 1796 days ago
It is as a behavioral habit.

People always need to eat.

It’s not fiscally viable closed system. Restaurants operate on tiny margins and come and go as frequently as software startups.

We keep trying to hitch biological necessity to ridiculous memes of social capital accumulation, inventing more abstract and Byzantine math as if literal reality will implode if the rich can’t earn a profit.

Like healthcare, the routine is eating is obviously necessary. Is the industrialization?

1 comments

>> Restaurants operate on tiny margins

If you are a KFC/Burger King/McDonalds franchisee then it seems to work but I have lost count the number of establishments that open/closes in that one spot of our local mall.

Pub/Indian/Pizza/Chinese/Fish & Chips/ - they come and go.

I would draw a further distinction. Some franchise operations (thinking Subway and Little Caesars) don’t really care if you make it: They get their money up front and you have to pay to get out.

McD is more strategic: They want a good business plan, location, etc. and are very picky at the cost of some false negatives.

They also require a huge amount of capital for new franchisees.