4 ms·
I cannot. I am operating on an assumption that each dollar that goes to Amazon vs a local producer is an opportunity cost for the community’s long-term wealth.
by mckn1ght 2y ago
I cannot. I am operating on an assumption that each dollar that goes to Amazon vs a local producer is an opportunity cost for the community’s long-term wealth. Saving a few bucks here and there on individual purchases seems like short-term thinking and small potatoes. Scaled up, that is what lead to rust belt decay after offshoring so much manufacturing. I know a lot of ink has been spilled on the effects of walmart and dollar stores on local economies, but I will also admit that I have not done any legwork to vet the hypotheses or conclusions, or if I have, I’ve forgotten and wouldn’t be able to produce any citations. As far as I can get in systems thinking with the initial conditions I know, which is assuredly a small subset of the totality of reality, the concentration of ability to produce and purchasing power is dangerous for those in the leaf nodes. I’m always interested to see more data proving me more right right or wrong on this.