• bane_killgrind@kbin.social
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      1 year ago

      Elon has a lot of wealth. That doesn’t stop me from having lots of wealth.

      Economies of scale mean that Walmart out-competes local small business general supply stores, and the corporate profits are then taken out of the community instead of being spent locally. https://www.investopedia.com/terms/w/walmart-effect.asp#:~:text=Walmart’s%20insistence%20on%20procuring%20products,choose%20to%20sell%20through%20Walmart.

      So one party having a lot of wealth absolutely impedes other parties accruing wealth.

      You are being evasive and dishonest.

      • unfreeradical@lemmy.world
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        1 year ago

        Indeed. The idea presented is that people are shopping regularly, and obtaining most of the goods and services, at small businesses whose owners have listed their homes as collateral, in order to contribute generously to their community.

        It is a fantasy.

        Neither the owners of big box retailers, or the owners of banks that are giving loans to new businesses, are “taking all the risk”.

        Life is good if have hoarded capital, and the reason is because everyone else depends on it to survive.

      • Neuromancer@lemm.ee
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        1 year ago

        I am not evasive at all. You’re not poor because Elon has billions. That is a tough cookie for some people to swallow.

        If you want to end people like Zucker, stop using facebook. If enough people stop using it then he will lose billions.

        • unfreeradical@lemmy.world
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          1 year ago

          When claims you previously made become challenged, instead of engaging the challenge, you dismiss the relevance of your own claims, by hurling meaningless and derisive assumptions.

          You must feel quite strongly about your convictions, if you cannot defend them more effectively than by insultation.