I was reading about some local policy changes intended to make running a small business easier and that got me thinking. I go to restaurants and ethnic food stores which are usually small businesses, and maybe some of the gas stations I use are small businesses too. However, everything else I buy comes from big-box stores or the internet. These have replaced a lot of small businesses, but how is it that there are any little shops left at all? Sometimes I walk into a corner store because I don’t want to go all the way to the big box store or wait for delivery but the prices are so much higher (often by over a hundred percent) that I walk right out again unless I need something very urgently.
I’m not making a moral judgement here. I just don’t know how the economics work out.
You just gotta be careful. Megacorps will drop prices to take advantage of the exact logic you’ve laid out. On an individual day you’re gonna save money on an individual purchase with them, sure.
But once the local place goes out of business, suddenly there isn’t anyone for them to undercut, so the prices creep back up.
Then you’re in the exact same situation as before, usually a bit worse. Except, before, the money you spent at the local business would mostly recirculate within your actual community. Now it’s being siphoned off into some yacht measuring contest. Local wages go down because people need to take jobs at the big companies, which then reinforces the “every dollar counts” problem, making it ever harder for your community to reverse course.
This gets worse and worse until the corpos eventually abandon your community. So you used to have a local grocer, then corpo drives them out of business, then corpo shutters the location for poor performance. Now you live in a food desert
The dream of all vampires is to keep you barely alive enough to be fed on. They go to extreme lengths to control the narrative around this so instead of seeing vampires actively trying to enthrall us we see them more as a friendly, convenient way to help make ends meet. But convincing us that shopping local is a burdensome act of charity is their first line of attack