Walmart is a trade deficit against the local community. It is artificially low priced goods that form dependencies while it is the primary block of participation in the local economy. The most corrupt politicians exempt many locations from local taxes, while most Walmart employees are on government subsidies and well below the poverty line, creating a second wave of attack against the community. They are neo feudalism personified and a parasite in every region they exist. You don’t shop at Walmart because it is value, you shop at Walmart because you have to and are dependent upon it. Yet you feel like there are no opportunities in your area. This is a big reason why. Your money goes out of your region as their profits, but you are bared from participating in your regional market. This kind of deficit will always make you poorer in an ongoing cycle that never stops.
a state of limited competition, in which a market is shared by a small number of producers or sellers.
And yes, they should. Our laws focus on Monopolies, but the big boys figured out a long time ago that if they let a single major competitor exist that the government cannot really touch them. This is why Target and Costco exist and Walmart does not do everything in their power to stomp them out.
Yup. I shop at Walmart out of desperation. I had stopped entirely for years after hearing that they have members of staff who go around from store to store to help get employees on food stamps. That and that they tell manufacturers what the price will be. That is not how commerce works.
My solution to the government assistance issue is a pretty straightforward answer. Revise corporate tax codes to include a reduction exempt line item that totals 2x the total value of all government assistance received by employees. Do not pass go, give us your $200. Food stamps exist to help families who are struggling, not as a corporate subsidy.
Walmart is a trade deficit against the local community. It is artificially low priced goods that form dependencies while it is the primary block of participation in the local economy. The most corrupt politicians exempt many locations from local taxes, while most Walmart employees are on government subsidies and well below the poverty line, creating a second wave of attack against the community. They are neo feudalism personified and a parasite in every region they exist. You don’t shop at Walmart because it is value, you shop at Walmart because you have to and are dependent upon it. Yet you feel like there are no opportunities in your area. This is a big reason why. Your money goes out of your region as their profits, but you are bared from participating in your regional market. This kind of deficit will always make you poorer in an ongoing cycle that never stops.
Walmart like monopolies should be regulated.
The word you are looking for is “Oligopoly”
And yes, they should. Our laws focus on Monopolies, but the big boys figured out a long time ago that if they let a single major competitor exist that the government cannot really touch them. This is why Target and Costco exist and Walmart does not do everything in their power to stomp them out.
Yup. I shop at Walmart out of desperation. I had stopped entirely for years after hearing that they have members of staff who go around from store to store to help get employees on food stamps. That and that they tell manufacturers what the price will be. That is not how commerce works.
My solution to the government assistance issue is a pretty straightforward answer. Revise corporate tax codes to include a reduction exempt line item that totals 2x the total value of all government assistance received by employees. Do not pass go, give us your $200. Food stamps exist to help families who are struggling, not as a corporate subsidy.