Hacker News new | ask | show | jobs
by tonyedgecombe 37 days ago
Maybe it is for the consumer. When Aldi opened in my nearest town my food bill dropped by 20%.
2 comments

That's the desired outcome of competition but the effects can go all over the place and the second-order effects in fragile towns can matter more than the price drop. As an extreme example, some people may lose their jobs, local spending may fall, some small shops may close and Aldi may pull out too, so everybody loses (here's [0] as an approximate example).

Usually a community can tolerate changes only when it's not already near the bottom. When you're near the bottom, almost any destabilisation can kill your little system.

[0] https://www.fox32chicago.com/news/aldi-closes-west-pullman-c...

Aldi is a grwat example of a socially discipled capitalism.
Can you explain you intent behind "socially" in your comment? I don't understand it.