3 ms·
If densely populated, highly developed metropolitan locales in the richest large nation on Earth can’t support profitable business formation, something is wrong
by twoodfin 4y ago
If densely populated, highly developed metropolitan locales in the richest large nation on Earth can’t support profitable business formation, something is wrong that won’t be fixed by government-sponsored coops.
- toomuchtodo 4y agoThe poor have no purchasing power and healthy foods have low margins (as the article mentions; grocer margins are typically 1-3%). You’re either stuck with a food bank, a coop, or folks buying low quality food from corner convenience stores and gas stations (ie Dollar General’s rural MO). Median income and economic demographic info for zip codes where these stores are closing is publicly available. Capitalism isn’t always the solution, and not all solutions require a profitable business. Most roads are not toll roads, for example.
- lockhouse 4y agoThe poor are already given money for food and other necessities through government subsistence programs like SNAP and TANF. Something else is going on here.
- 1attice 4y ago[flagged]
- toomuchtodo 4y agoHave you tried living on benefits?
- onetokeoverthe 4y ago[dead]