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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" -
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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:
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| 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 |