windovervocalcords
Banned
- Joined
- May 12, 2009
- Messages
- 3,545
- Reaction score
- 471
- Location
- Jefferson State
- Gender
- Female
- Political Leaning
- Liberal
I think monopolies are bad because they stifle competition.
They can have some positive effects, even Walmart lowered prices by squeezing out the competition. Problem is in the long run Walmart has NOT helped the economy because what Walmart sells only accounts for 20% of what Americans spend money on.
Without adequate income bye bye housing, utilities, education and healthcare. None of which Walmart marketing strategy provides.
Cheap goods yes. Affording what most Americans need? No. It hurts the economy, driving down wages.