If the idea is that every mom and pop was ran by self-directed, profit-motivated independent business persons who captured more of the profit, this is not often the case - the employees of these stores made the same going labor rate of any retail employee, it was just a local business man who ran the businesses rather than a conglomerate. One benefit of a large corporation like Walmart is the share holders are far more distributed.
My general point is that this fantasy of a "mom and pop utopia" of small businesses that Walmart and similar destroyed is just that - a total fantasy. They were not a dream situation and they went away because they were not the best for consumers or their community, not because of some grand conspiracy.
My general point is that this fantasy of a "mom and pop utopia" of small businesses that Walmart and similar destroyed is just that - a total fantasy. They were not a dream situation and they went away because they were not the best for consumers or their community, not because of some grand conspiracy.