Quote:
Originally Posted by reallydedpoet
This is the result of a free market society and I am fine with it in that sense compared to the alternative 
At it's core I am a little more disappointed with big businesses swallowing up smaller ones and with that local ownership. By not having local ownership more dollars leave the community and are replaced with lower paying jobs, etc. On the surface it looks fine, more jobs created...., but the larger portion of the dollars ( profits ) do not stay within the community. |
That calculus is far more complex than you make it out to be. It;s not like a mom and pop store makes the goods they sell. They in effect sell the exact same goods, but at a higher cost of sales. Mom and pop stores likely pay LESS, and certainly employ fewer people. How can a mom and pop store pay considerably more for goods because they buy in FAR lower quantity, AND afford to pay wages higher than 10.whatever bucks an hour to sales clerks and stay afloat?
Since they pay more for goods, their margin is lower. The margin sort of stays in town—to the extent mom and pop exclusively buy local gods themselves—but the bulk goes to their wholesaler anyway (likely out of town).
I'm not seeing the "keeps the money in the community" advantage vs many jobs.
That doesn't even consider that the money SAVED by the consumer is also staying "in the community."
You might be right, but I'd need to "see the math" to judge properly, it's by no means close to being self-evident.