Community Broadband Networks reposted this
For decades, local grocery stores thrived. Then in the 1980s, the government stopped enforcing the Robinson-Patman Act, a key antitrust law. Local retailers went into a tailspin. A few chains took over. Consolidation gave rise to food deserts & a price spike. Our new graph shows the dramatic impact of this policy shift. (For the complete piece, including a brief timeline explaining the events illustrated by the graph, go here: https://lnkd.in/g9cxwGZP)
Miyoko Schinner
1mo
Thank you for sharing. This is so important for people to understand. There was a time when local economies could thrive and ordinary people in business could make a buck.
Asia & Global CPG Food & Beverage International Market Expansion Expert | Managing Director | Founder | Geopolitical Advisor
1moInsightful showing just how important good governance and civil and social institutional protections are to consumers and communities and not allowing pernicious corporate greed to reign benefitting a few. Around this same time in the 80s, Walmart was also the instigator of global sourcing cheaper consumer goods, e.g. towels, t-shirts, electronics, from international suppliers which led to the gutting of non-competitive U.S. manufacturing. Under the next trump project 2025 administration and disintegration of the administrative state, Americans can expect vast deregulation with rights, civil, and social protections stripped away with broligarch, billionaire, and corporate privatization and monopolies to result.