HMV: another High Street Git Goes Belly-Up
Well, some pretty wise bloke with a beard did state more than a hundred years ago that the logic of capitalism ensures that bigger fish eat smaller ones, and that this will result in greater unemployment and so on.
All of this, in part, exacerbated by the nonsensical ‘brand consciousness’ that basically sees the proles joining in the infighting of corporations by ‘being a fan’ of this or that company and ‘liking’ their respective facebooks sites. The mind boggles at this gross stupidity on the part of the modern peasantry.
If more high street shops shut down because of lower online prices, and unemployment increases, then all that is left to be done is to nationalise online industries that have caused high street shops to close down i suppose.
So boo hoo to job losses and to HMV’s closure. I don’t see any reason for nostalgia here. That’s like Afro-Americans feeling nostalgic about cotton-fields. If we kept this in mind, and didn't just sit back and let the fat cats run the roost, we'd be shareholders of the High Street.