this post was submitted on 24 Dec 2024
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chapotraphouse

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https://www.theatlantic.com/ideas/archive/2024/12/walmart-prices-poverty-economy/681122/

Walmart’s many defenders argue that the company is a boon to poor and middle-class families, who save thousands of dollars every year shopping there.

Two new research papers challenge that view. Using creative new methods, they find that the costs Walmart imposes in the form of not only lower earnings but also higher unemployment in the wider community outweigh the savings it provides for shoppers.

I am shocked, shocked I tell ya.

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[–] [email protected] 57 points 1 day ago

Listen if the poors don't like it, they can start their own supermarket chain. That's the beauty of the free market, clearly there is simply not a single person on the entire world with a superior entrepreneurial spirit than the founders of fucking Walmart.