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Comment by Aerroon

7 hours ago

Why doesn't a small village have a supermarket? If it's small enough then it won't have any store at all. Why? Because the business doesn't make enough money to justify it and the consequence of this is that none of the inhabitants of that village can "just go to the store to buy some milk". They either need to plan weeks or months worth of shopping in advance or have access to transport that can take them to a town that has a store.

The owner of FoodCo put in a lot of their money upfront to make the company happen in the first place. Your deli guy wouldn't have a job if the FoodCo guy hadn't done what he did.

I know that it's hard for people from rich (and high population) countries to understand, but the high variety of goods and services that exist are a consequence of people investing into businesses. Without them many of these businesses wouldn't exist, because most people are not rich enough to be able to fund a business on their own.

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Aerroon

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everforward  7 hours ago

> The owner of FoodCo put in a lot of their money upfront to make the company happen in the first place. Your deli guy wouldn't have a job if the FoodCo guy hadn't done what he did.

This is blatantly untrue in the face of even a cursory thought. If the deli didn’t exist, that worker would have done any number of other jobs. Subsistence farming, doing deli stuff out of his house, maybe even community funding a coop grocery store.

That was how things worked at many points in human history. Instead of “private citizen makes $thing and collects rent” it was some variety of “municipality funds $thing for the community”. That just doesn’t extrapolate to a global economy well, for better or worse.

hackyhacky  7 hours ago

Your argument amounts to billionaire apologism and has nothing to do with my comment.

If a supermarket cannot be profitable in a small village, an investor isn't going to change that. The investor will invest in businesses that can be profitable.

> Your deli guy wouldn't have a job if the FoodCo guy hadn't done what he did.

People have had jobs since before civilization, and certainly before massive accumulation of wealth became the norm.