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by oceanplexian 43 days ago
Price controls will screw over the most vulnerable consumers. Small businesses will offer lower prices to price sensitive or low-income consumers or repeat customers. Because despite what you will read about on Reddit, the owners are not cartoon characters, live in the community and care about their neighbors.
2 comments

> Because despite what you will read about on Reddit, the owners are not cartoon characters, live in the community and care about their neighbors.

What? To the best of my knowledge, not a single grocery store chain in my area is owned by someone local to the community. The two biggest chains (that aren't Walmart) are owned by Kroger and by an international retail conglomerate. Both are publicly traded, so there's no single owner to give a shit about the local community.

Kroger and the others operate razor thin margins. They offer programs for low income consumers, support local and national charities, do second chance hiring and specifically create unique roles for people with disabilities. They aren’t required to do ANY of those things in most places that they operate.
You think this is like 1800s levels of economic development?