Summary:
Why are dollar stores outperforming the rest of the market? the answer may just be inequality. let's dig into some economic theory and data to explain why these near-century old businesses are finding renewed success today! link to Thomas Piketty's "Capital in the 21st Century" below ⬇️ -- about: this is part of a series of long-form analyses of real-world economics and money topics, which i call "Cultural Capital IRL". but i also do short-form analysis of fictional businesses too (think Krusty Krab, Dunder Mifflin, Moe's Tavern, etc.), check it out here: https://tiktok.com/@thearmanmadani -- credits: - Capital in the 21st Century by Thomas Piketty on Amazon: https://amzn.to/3PqzEoe - propublica: "how dollar stores became magnets for crime" -
Topics:
Thomas Piketty considers the following as important:
This could be interesting, too:
Why are dollar stores outperforming the rest of the market? the answer may just be inequality. let's dig into some economic theory and data to explain why these near-century old businesses are finding renewed success today! link to Thomas Piketty's "Capital in the 21st Century" below ⬇️ -- about: this is part of a series of long-form analyses of real-world economics and money topics, which i call "Cultural Capital IRL". but i also do short-form analysis of fictional businesses too (think Krusty Krab, Dunder Mifflin, Moe's Tavern, etc.), check it out here: https://tiktok.com/@thearmanmadani -- credits: - Capital in the 21st Century by Thomas Piketty on Amazon: https://amzn.to/3PqzEoe - propublica: "how dollar stores became magnets for crime" -
Topics:
Thomas Piketty considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
why are dollar stores outperforming the rest of the market? the answer may just be inequality. let's dig into some economic theory and data to explain why these near-century old businesses are finding renewed success today! link to Thomas Piketty's "Capital in the 21st Century" below ⬇️ -- about: this is part of a series of long-form analyses of real-world economics and money topics, which i call "Cultural Capital IRL". but i also do short-form analysis of fictional businesses too (think Krusty Krab, Dunder Mifflin, Moe's Tavern, etc.), check it out here: https://tiktok.com/@thearmanmadani -- credits: - Capital in the 21st Century by Thomas Piketty on Amazon: https://amzn.to/3PqzEoe - propublica: "how dollar stores became magnets for crime" - https://www.propublica.org/article/how-dollar-stores-became-magnets-for-crime-and-killing - american prospect: "dollar store workers organize for justice" - https://prospect.org/labor/dollar-store-workers-organizing-for-justice/ - department of labor: "federal investigation finds dollar general exposed workers to hazards despite citations, penalties" - https://www.dol.gov/newsroom/releases/osha/osha20220705 -- chapters: 00:00 Thomas Piketty and inequality theory 00:55 history 02:12 success and present day 03:14 welcome to Toledo, OH - where dollar stores thrive 03:54 present day strategy and externalities 04:55 conclusions -- #culturalcapital #culturalcapitalIRL #economics |