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submitted 8 months ago by partybot@lemmy.ca to c/coolguides@lemmy.ca
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[-] j4k3@lemmy.world 1 points 8 months ago

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.

this post was submitted on 05 Aug 2024
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