Walmart: Making the Poor Rich

Commenting on that interesting pro-Walmart article in the Atlantic, Steve Horwitz writes:

The most interesting part, however, is the taste test.  Kummer bought the same set of ingredients from Walmart and Whole Foods and had an Austin, TX chef prepare the identical meals with each set.  He then had a group of 16 foodies compare the dishes.  The results?  Basically a draw.  He also notes, but doesn’t make much of it, that the ingredients at Walmart cost $126.02 but $175.04 at Whole Foods.  If there was no major difference, in the aggregate, in the quality and flavor, why pay $50 more?

This is yet another example of Walmart extending the consumption possibilities of the rich to the poor, as has been the ongoing trend since the Industrial Revolution.

Darn right!

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6:42 pm on February 25, 2010