this post was submitted on 18 Oct 2023
299 points (82.9% liked)
Memes
45746 readers
1419 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You're right, about 100 years ago it did used to be like that. Local banks aren't a thing anymore. While Co-op banking institutions are better for the local community, they're also investing in options outside the local community, further depleting the resources of the 30% of customers who shop at more affordable locations
You make a good point... But it's also not black and white 100% or nothing. I can't rely on a small shop to funnel money back into my town, no, however it might provide just a little bit more. Again, the owner's boat and house has to go somewhere. If its here or nearby thats better than across the country.
In the news today a big box store is giving some money to some local environmental fund or something. The big box store probably broke a union if they're trying to garner good news though.