Banking billions through subsidiarity
Discussed at V&R Chapter 3 are the basic principles of Catholic Social Thought (CST), including the moral principle of subsidiarity. Don Quijote is a Japanese retail chain whose business plan is built on each shop having subsidiarity (https://www.bloomberg.com/news/articles/2019-04-17/the-cult-japanese-retailer-making-billions-breaking-all-the-rules). All hiring and management is local to ensure that the shops act like barometers to tastes…