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by tgflynn 1569 days ago
> Free markets serve those who pay the most

As someone who has spent years in a low income situation due to health issues that hasn't been my experience. At least up until the pandemic food as well as many manufactured products, which are relatively unregulated, were quite affordable even for the lowest incomes. There's a large enough market of low income people so that companies like Walmart, dollar stores and even Amazon can make money serving that market.

Housing and medical care, on the other hand, are completely unaffordable for a significant fraction of the population without government assistance.

1 comments

I am not doubting your experience, but I don't think we can project that to the larger situation.

> At least up until the pandemic food as well as many manufactured products, which are relatively unregulated, were quite affordable even for the lowest incomes.

The data shows otherwise, that many people haven't been able to afford food (think of school lunch programs) and especially quality food. Also, large 'food deserts' exists in poor communities where food is unavailable beyond very expensive small stores.

> There's a large enough market of low income people so that companies like Walmart, dollar stores and even Amazon can make money serving that market.

I've thought that, but it turns out that they don't often don't serve low-income people. I've also spent plenty of time in low income areas, and retail options are very slim. I've been in the best grocery store in the neighborhood, where fruit scales were rusty, and it stunk of something rotting. It was packed.

Well, I know that I could live spending less than 50% of my monthly income on food. Ignoring other subsidies however my rent would cost over 80% of my monthly income, so if I paid my rent, as people are likely to do first, it's true that I wouldn't have enough money for food.

So what I am saying does not contradict the claim that many people can't afford enough food, since most of their money is going to rent.