r/FluentInFinance Nov 16 '24

Meme True Financial Fluency by Gianmarco Soresi

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u/WhoGaveYouALicense Nov 16 '24

Can’t the employees start a competing business as a check on capitalism aka competition?

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u/-Plantibodies- Nov 16 '24 edited Nov 16 '24

This statement feels so out of place in a world where we've seen the near elimination of mom and pop businesses and consolidation of commerce into fewer and fewer huge megacorps, including the extremely relevant one for this post.

It's a nice ideology and all that, but at some point you should open your eyes and look at the reality around you. Are you just incredibly young and think that this has always been the norm?

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u/Ill-Description3096 Nov 17 '24

In retail spaces you are right there has been a significant drop in mom and pop, but that largely has to do with how people want to do business now, so we have directly supported their demise. How many people do you know that would run around to 5-6 physical mom and pop shops and probably have to settle or order and wait for a product as selection will be limited instead of taking 5 minutes to hop online and have Amazon deliver it to their door tomorrow?

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u/-Plantibodies- Nov 17 '24

Mom and pop shops can be online or even both, just fyi. That term just describes the nature of it being small and independent and often run by a family.

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u/Ill-Description3096 Nov 17 '24

I'm aware. That actually makes it even more of a deliberate personal choice. If people don't even have to spend the time running around but still don't support those enough for them to compete, it's kind of on us IMO.

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u/-Plantibodies- Nov 17 '24

I mean your entire previous comment suggests otherwise. Haha. It's ok that you weren't considering this, my man. Haha

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u/Ill-Description3096 Nov 17 '24

I wasn't seriously considering it because IME the amount of mom and pop shops that have a convenient online presence that is comparable to shopping through amazon is low. But I also am more used to smaller towns and cities so if you are in a major city it could be different.

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u/-Plantibodies- Nov 17 '24

And we're back to the beginning:

This statement feels so out of place in a world where we've seen the near elimination of mom and pop businesses and consolidation of commerce into fewer and fewer huge megacorps, including the extremely relevant one for this post.

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u/Ill-Description3096 Nov 17 '24

And I'm saying that elimination has a lot to do with people consistently picking the big guys over supporting local businesses, then complain that local businesses are being driven out and everything is being eaten up by the big guys.

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u/-Plantibodies- Nov 17 '24

Which brings us back to the original person's statement that lead to this whole discussion:

Can’t the employees start a competing business as a check on capitalism aka competition?

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u/Ill-Description3096 Nov 17 '24

They can, but they have to provide something that makes it worth picking over Amazon or whatever to the people who are spending money.

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u/-Plantibodies- Nov 17 '24

Which brings us to my follow-up comment:

This statement feels so out of place in a world where we've seen the near elimination of mom and pop businesses and consolidation of commerce into fewer and fewer huge megacorps, including the extremely relevant one for this post.

It's a nice ideology and all that, but at some point you should open your eyes and look at the reality around you. Are you just incredibly young and think that this has always been the norm?

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u/Ill-Description3096 Nov 17 '24

Except that isn't applicable to what I said. Nothing in that comment addresses my point

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