| How our economy is slowly deflating. | What happened around Springfield. | Clues to changes in quality. |
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The money that circulates throughout our local community is gradually shaved off over time by the disparity between local wages and distant corporate profits. Competition depends on higher corporate profits and lower costs such as salaries and wages for the local franchise managers and employees. Corporations are constantly under threat of hostile takeover by other corporations, and these fights usually occur in a boardroom somewhere on Wall Street, New York. Corporate interests amount to nothing more than profits and the bottom line. They can operate at a loss; selling products and services at artificially low prices until local competitors are out of business. Local businesses must compete by driving down their own costs, much like AT&T did when it got wind of Worldcom's falsified profit numbers. Laying off employees, cutting benefits, cutting corners on customer service. AT&T never fully recovered from Worldcom's fakery, but that's just one big corporation competing with another big corporation.
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These stores foundered and collapsed after White Oaks Mall
was built. Veterans Parkway was still nothing but corn fields at the time.
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There was a time when a business could thrive and grow. Walgreens had a head start as an Illinois Business and expanded quickly and overran Thrifty Drugs back in the 70's. Now, Walgreens faces Jewel/Osco's, CVS, and Walmart's Pharmacies. Look for the same products sold at all three locations and compare the quality.
The movie theater industry is faced with competition from home video rentals, Family Video, and Blockbuster Video. Here's a challenge; rent the same movie from Blockbuster and Family Video, and compare them scene for scene. See if there is any censorship.
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| This page is still under construction and may change entirely as comprehension develops on the topic. |