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Comment by eru

3 days ago

How do we know that?

And why do customers come back to shop there?

We know that from observing evidence such as how much the government pays out in welfare to Wal-Mart employees.

Customers continue shopping there because human beings are typically incapable of accepting a short-term loss (higher price) for a long-term gain (product lasts more than three uses).

  • > We know that from observing evidence such as how much the government pays out in welfare to Wal-Mart employees.

    That's a weird metric. If tomorrow Wal-Mart laid off all employees and replaced them with robots, they would surely be worse off, but by your metric Wal-Mart would look less evil?

    > Customers continue shopping there because human beings are typically incapable of accepting a short-term loss (higher price) for a long-term gain (product lasts more than three uses).

    Groceries typically only last one use.

    • I mean, I could tell you are disingenuous from the get-go, so it is not surprising you would take an off-the-cuff metric which is accurate right now and invent a strawman scenario where I might continue to use it beyond a point where it makes sense.

      Likewise, I would not use my flippant 3 times metric regarding durability to cover the quality of produce.

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