this post was submitted on 24 Dec 2024
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Late Stage Capitalism

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New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.

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[–] [email protected] 15 points 1 week ago* (last edited 1 week ago) (1 children)

The summaries in the article don't make these papers sound very convincing. My main objection is to the idea that places where locals prevented a Walmart from opening are a good control group for places where a Walmart did open. Not every community has the capability for the sort of activism it would take to prevent a Walmart from opening. Those communities that do have this capability are probably stronger than those that don't in other ways too.

[–] leadore 4 points 1 week ago* (last edited 1 week ago)

They may be, but the point was that Walmart chose all the places in both groups, so whatever criteria Walmart was using, is what was controlled for. IOW Walmart's criteria viewed them the same.