Free market economics always works best in an actual marketplace, where vendors are competing stall-to-stall.
Most Americans buy groceries from a large corporate-owned store that they drive to and has everything, which compete with other large corporate-owned one-stop-shop that you have to drive to.
This is absolutely how I feel as well. I always found it interesting the most competitive areas always happen to be where tons of very small high volume shops exist. This is not just limited to the US, but anywhere in the world I've traveled.
The older I become the more I realize how absolutely devastating the development policies of sprawl and low-density have been to all areas of human endeavor. You can't have effective competition without density and an ability to start extremely small.
You can't have effective competition without density and an ability to start extremely small.
This is a good metaphor for Net Neutrality. Maybe most of the US doesn't understand Net Neutrality, because they are trapped in their strip-mall big-box store hell, and don't know about real free markets IRL.
Indeed. However, I'd argue it'd be nearly impossible to have stall-to-stall competition in your standard American city/suburb: people wouldn't be willing to drive to multiple locations, and even if all the vendors were centralized in a market (hmm, perhaps a "super-market" of sorts?), the sales aren't regular enough/in high enough volume to do away with refrigeration, which drives up start-up costs, leading to the classic natural monopoly where the "supermarket" itself is an entity selling the goods.
The Saturday morning farmer's market seems a reasonable approximation of these Chinatown markets at a sustainable scale for smaller/less dense regions. But really, population density is the magic sauce for demand in cases like this.
But a lot of places like this were eventually abandoned or demolished, except where they could be maintained or redeveloped as a tourist attraction, like Cincinnati did a few years ago. http://www.findlaymarket.org/
Actually, compared to farmer's markets, the big difference is the network of small-scale independent warehouses. This isn't farm-to-consumer or farm-to-retailer, it's just nimbler distribution.
Most Americans buy groceries from a large corporate-owned store that they drive to and has everything, which compete with other large corporate-owned one-stop-shop that you have to drive to.