https://www.theatlantic.com/ideas/archive/2024/12/walmart-prices-poverty-economy/681122/
Walmart’s many defenders argue that the company is a boon to poor and middle-class families, who save thousands of dollars every year shopping there.
Two new research papers challenge that view. Using creative new methods, they find that the costs Walmart imposes in the form of not only lower earnings but also higher unemployment in the wider community outweigh the savings it provides for shoppers.
I am shocked, shocked I tell ya.
21 points
The town I went to high school in resisted getting a walmart for many years but ultimately succumbed and it drove out so many local businesses just as everyone feared.
15 points
