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Walmart quickly becomes a local monopoly, because they dominate over the local competitors who cannot leverage the same economies of scale to lower distributor
by KozmoNau7 6y ago
Walmart quickly becomes a local monopoly, because they dominate over the local competitors who cannot leverage the same economies of scale to lower distributor prices nor afford to bleed money in one area in order to take over the local market.
Honestly it seems you either refuse to read what I wrote, or you are invested in a free market ideology. The link you posted is nothing more than a hard-libertarian free market fanatic opinion blog, heavy on snark and lacking in value.
Read about the damage Walmart does to communities and why even their mere presence in the market completely distorts it:
https://money.com/walmart-stores-closing-small-towns/ https://money.com/walmart-stores-closing-small-towns/
https://www.citylab.com/life/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/ https://www.citylab.com/life/2012/09/radiating-death-how-wal...
https://popularresistance.org/new-report-wal-mart-destroys-local-economy/ https://popularresistance.org/new-report-wal-mart-destroys-l...
https://m.dailykos.com/stories/2013/03/28/1197622/-The-Walmartization-of-the-American-food-chain-is-making-communities-poor-and-poorly-fed https://m.dailykos.com/stories/2013/03/28/1197622/-The-Walma...
This goes for all megamart chains, Amazon and the like, but Walmart is among the very worst.
- Natsu 6y agoReally? Because it discusses the relevant legal standards and evidence, which you dismiss with a handwave. Also, it seems incongruous to complain of a "fanatic opinion blog" and then link to dailykos. Yours truly grew up in a tiny town that is virtually unknown. Even there, Wal-Mart was not the only source of anything. This is competition, not "damage." People aren't being harmed--they're being made able to afford more stuff that they want. I suppose it should not be surprising that a "kozmonaut" would be openly hostile to anything like a free market, but if you're going to throw around terms, you'll have to justify them. There's nothing I can't get from other sources than Wal-Mart, there are multiple competitors, several of which compete with them across all product lines, and so far the only harm you've identified is that they manage to be more efficient than some of their competition. That's life. Capitalism forces people to find ways to be useful to others. Systems that allow too many free riders end up failing. See, e.g. Cambodia, Russia, North Korea, ...