On Thursday, Toys “R” Us announced that, after 70 years as the major toy chain, it was going defunct. Immediately there was a nostalgic backlash of adults humming the theme song, “I don’t wanna grow up, I’m a Toys ‘R’ Us kid…” to coincide with news reports of their closing.
Still, let’s be honest: This wasn’t Mom ‘n Pops book store being put under by Barnes & Noble, this was savvy, online retailers outdoing a smaller, specialized chain — peak free-market capitalism. The fact that it went under isn’t necessarily a cause for celebration, but nor is it an invitation to whine or feel sad. Would you rather live with Toys “R” Us and without Amazon?
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