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Of course they "are successful because consumers prefer them", that's kinda definition of being successful. This is saying nothing. What would be a little more
by krick 7y ago
Of course they "are successful because consumers prefer them", that's kinda definition of being successful. This is saying nothing. What would be a little more revealing is to give a real explanation of why consumers prefer them. And, as it happens, a whole lot of this explanation would consist of what basically is dumping, very dubious anti-competitive practices and other things that kinda-sorta are considered violating antitrust laws. And sometimes it is so blatant, that I can only admire the virtue of lawyers managing to keep this thing afloat. And antitrust laws exist for a reason as well, because game theory offers plenty of ways to make people choose what is worse for everyone in the long run.
So saying there's nothing intrinsically good about "mom-n-pop" stores compared to what Amazon is is a very dubious thing to say. To re-iterate, sure, consumers chose Amazon for a reason, but things are not black-and-white and deciding if something is good or bad is far more nuanced than just that.
- manigandham 7y agoIt says everything. Consumers don't care to support small local stores because they would've otherwise. You realize Walmart was around for 30 years before Amazon? And several other major chains? People want the prices and selection of online shopping and so that industry has changed. I'm not sure where this rustic idea of "mom-n-pop" general stores comes from because there are still millions of thriving small businesses well integrated in their local communities. The key is that they don't sell the same basic goods that Amazon sells.