I was reading about some local policy changes intended to make running a small business easier and that got me thinking. I go to restaurants and ethnic food stores which are usually small businesses, and maybe some of the gas stations I use are small businesses too. However, everything else I buy comes from big-box stores or the internet. These have replaced a lot of small businesses, but how is it that there are any little shops left at all? Sometimes I walk into a corner store because I don’t want to go all the way to the big box store or wait for delivery but the prices are so much higher (often by over a hundred percent) that I walk right out again unless I need something very urgently.
I’m not making a moral judgement here. I just don’t know how the economics work out.
From personal experience. I am willing to assign a higher value to products made by local and/or small businesses, even if it doesn’t otherwise make any practical sense. But it is a very conscientious moral judgement on my end, so I don’t expect most people to behave this way… and I have a limit too, +100% is probably too much.
Although I guess the benefit of being a “small” business is that you also don’t need as many customers… There are also some types of small businesses that are competitive: I suppose most ethnic food stores or your local market stall won’t struggle with competing on price.
Maybe this depends on the area? I don’t know if it is just me, but it seems to me that these days small businesses do better in larger cities… maybe larger cities have more “ethical shoppers”