New research suggests that Walmart makes the communities it operates in poorer—even taking into account its famous low prices.

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

by yogthos

1 comment
  1. I do actually believe that was part of the cycle. Make the prices so low, no one can compete, then extract wealth. Making the community poorer likely solidifies the manufactured monopoly as a side effect as the community wouldn’t be able to attract or support competition.

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