Financialization is the Main Cause of Decline in Brick-and-Mortar Retail in USA
pharmaheretic.substack.com
Here is another topic I have been thinking about writing for past few years. As most readers know, there is no shortage of evidence that physical retail outlets have been on an irreversible decline in USA and other parts of Anglosphere, for at least the past decade. However, most people in this group of countries seems to believe that the rise of Amazon and other online retail outlets was a cosmic inevitability. Except, that this is not true. The thing is.. physical retail outlets are in very good shape in every part of the world which is not an Anglosphere country. More curiously, other countries with highly developed online retail sector such as China have a very large and flourishing physical retail sector. It is as if online retail coexists and complement physical retail in all countries that are not part of the Anglosphere.
Financialization is the Main Cause of Decline in Brick-and-Mortar Retail in USA
Financialization is the Main Cause of Decline…
Financialization is the Main Cause of Decline in Brick-and-Mortar Retail in USA
Here is another topic I have been thinking about writing for past few years. As most readers know, there is no shortage of evidence that physical retail outlets have been on an irreversible decline in USA and other parts of Anglosphere, for at least the past decade. However, most people in this group of countries seems to believe that the rise of Amazon and other online retail outlets was a cosmic inevitability. Except, that this is not true. The thing is.. physical retail outlets are in very good shape in every part of the world which is not an Anglosphere country. More curiously, other countries with highly developed online retail sector such as China have a very large and flourishing physical retail sector. It is as if online retail coexists and complement physical retail in all countries that are not part of the Anglosphere.