Originally posted by flat-16
(I'll apologise for taking the bait here in advance)
What would be your definition of "better off" be? Does "better off" means zero independent traders on the High Street with no local family-run shops?
....
If anyone thinks we're "better off" with the desolation that conscience-less, money-grabbing, psychopathic-by-default corporate entities such as Tesco reap, then they would have to be myopic to the extreme...either that or devoid of a conscience....
Just one example: Did you know that Tesco have moved into selling Musical Instruments? Of course, they don't sell the specialist stuff, just the profitable units such as Mexican Fenders and Yamaha acoustic guitars. Your local high street music shop doesn't stay afloat via the "specialist" items, it's the Mex Fenders etc that pay the rent, and they can never compete with Tesco's buying power, so they go under... The High Street becomes homogenised, with branches of "KFC" and "O'Neal's Authentic Irish Pubs"... What a great world to live in; no more music shops run by eccentric musos, no more hubs for the community's musicians... Tesco really know about Musical Instruments don't they? We should leave it to the professionals...
Justin, we've been having this debate for years over here in the US, usually referencing Wal-Mart as the cause of the abandonment of the old fashioned Main Street.
And the economic drivers are as you describe and the cause and effect the same. BUT, you have to remember one key thing. This only happens because the public, in effect, vote with their feet.
And lower prices are a compelling magnet where purchasing decisions are being made and those Chinese Fenders (Mex ones are now moving to the mid-range) are being sold by Fender to the chains 'cos all parties to the bargain think there is money to be made.
And the internet will take the place of local specialist stores - allowing at least some economies of scale, with some temporary price advantage in the US until Federal law imposes State Tax on out-of-state sales.
I'm not taking sides, just pointing out that I don't see these trends changing anytime soon.......