Most of the “riots” people have complained about in the past 5 years have been directly caused by police existing in the way that it does. I can’t deny that police serve as a deterrent for some people regarding some things, but I don’t think I’d live much differently. I’d probably shoplift from big box stores occasionally, but not out of greed. It’s about taking money, not making money. If everybody stole a can of food from Walmart every day to give to the hungry, there would be no more hungry and Walmart would still make billions.
That’s absurd. 250 million weekly visitors stealing a $1 item per visit would amount to $13B per year in losses, approximately equal to Walmart’s annual net income. They would love to raise prices to compensate (2% should do it) but then they would lose the equivalent in sales to competitors like Amazon that don’t face as much risk from theft losses.
Most of the “riots” people have complained about in the past 5 years have been directly caused by police existing in the way that it does. I can’t deny that police serve as a deterrent for some people regarding some things, but I don’t think I’d live much differently. I’d probably shoplift from big box stores occasionally, but not out of greed. It’s about taking money, not making money. If everybody stole a can of food from Walmart every day to give to the hungry, there would be no more hungry and Walmart would still make billions.
That’s absurd. 250 million weekly visitors stealing a $1 item per visit would amount to $13B per year in losses, approximately equal to Walmart’s annual net income. They would love to raise prices to compensate (2% should do it) but then they would lose the equivalent in sales to competitors like Amazon that don’t face as much risk from theft losses.