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Place the Blame for Retail Theft Where It Belongs, on Short Staffing
CEOs who cry about shoplifting are full of it.
I’ve been paying attention to financial news for a while now because of my investments, but most financial news is garbage. It hypes worthless investments, whips up unwarranted frenzy over minor news events, and pushes the worldview of the wealthy, whose interests they expect us to care about mainly because they want us to aspire to be rich assholes ourselves one day. It speculates endlessly and quite pointlessly about what’s going to happen tomorrow, next week, next year, etc. If you give financial media too much influence over your decisions, you will lose money.
I see a lot of corporations and professional organizations complaining in the news about retail theft lately. Apparently, regular people are supposed to care that businesses cannot protect their products from theft. The angle from news articles is almost unanimously that poor people are feeling so squeezed by high prices that they are resorting to petty theft.
Actually, it appears that organized crime is largely to blame, and poor people, the majority of whom are honest and hard-working, are largely just doing without.
It is mainly CEOs who have been complaining about retail theft recently, and the reason seems…
