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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (402578)3/12/2019 10:55:03 PM
From: Sam  Read Replies (2) | Respond to of 544094
 
No question that Walmart hollowed out several thousand small towns in the US. How do they get broken up, though? How could the downtown of small towns get restored? That isn't at all clear at this point. I lived for 10 years in one of those small rural towns, 70 miles from the nearest big city of more than 500k people. Lots of little towns of anywhere from 500 to 10k people. Walmart didn't hollow it out, it didn't even move there until around 2005 or so. Penny's, Sears and Kmart were the big box stores, Krogers was the big supermarket. When WMT moved in, people were excited--they wanted the competition. Kmart and Penny's moved out. Krogers and Sears competed and survived, along with a few places like Ace Hardware.



To: Ron who wrote (402578)3/12/2019 11:30:03 PM
From: bentway  Read Replies (1) | Respond to of 544094
 
I think the social utility of corporations should be judged, and if found lacking, they should be put on probation. If after a year they still can't show any social good deriving from their existence, their charters should be revoked.

I think this would result in thousands of 'woke' corporations!


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