The title of this post might as well be “Water is wet, the sky is blue, ice is cold”
Of course corporations are lying to have a reason to raise prices when they don’t need to.
They will raise it to whatever people will pay. Always. I don’t understand why anyone would even consider what they claim they did it for. They did it for more money, which is exactly what I would do if I ran a for profit business too. If I wanted to help people out of the goodness of my heart, I’d volunteer at a food bank, not start a grocery chain.
“Hey maybe we should hold corps accountable and stop letting them influence politics–”
“NO. BYDUN”
I want a well curated list of the worst offenders so I can figure out who to stop giving my money to.
You will be surprised how difficult that plan is to implement. Pretty much everything is owned by a few mega corporations.
Don’t worry, we’ll give our best efforts, just get us the list.
anything owned by: Nestlé, oil, BlackRock, Bezos, etc…
2000s vibes. Probably mostly still accurate but like… So many enormous companies not present.
Is 5 gum still gum?
Vive la révolution. 🏴☠️
They didn’t say to stop getting stuff from there… just to stop giving them money
- Everyone. —End of List.
Bingo! Boycott time!
Capitalists? Lying about literally everything?
Who coulda thunk it?
But …? But market forces! Free market! The public will decide! No? Oh well, let’s do nothing and see if it changes for the better.
“If you don’t like their prices go next door where it’s more expensive! If things are so tight why are you spending on luxuries like food anyway?”
Raising interest rates is very much not “doing nothing”
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It’s just business, they say.
No shit.
Not surprised. Black rock company is probably in the lead when it comes to that.
The title of this post may as well have been “Water is wet, ice is cold”
Of course corpos are lying to have a reason to raise prices.
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Never thought I’d be agreeing with those flash robbing mobs. But here we are
Oh no, this is such a shock. No shit they were lying about inflation. Those bastards were reporting record highs while the average Joe was struggling to pay rent.
To be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
To be pedantic, profit is theft.
Do you have a job?
If so, do your expect your employer to pay you only the cost of your commute and nothing else?
Do you have a dictionary?
If so, why have you confused revenue with profit?
Profit is the stolen excess after all the shareholders, workers, suppliers and producers have been paid their fair share. If you want to argue that they aren’t being paid a fair share then why is there a profit margin?
Revenue is income. Profit is income minus expenses. Without ANY profit there no motivation to operateva business.
Getting paid a multimillion dollar salary is ‘not motivation’ to run companies like Google and Sony? Huh, could have fooled me. You do know wages are expenses right? Including those of the owners and ceo’s and board, right?
You’re not so stupid as to not know what the definition of profit is in the dictionary, right? You can look it up instead of continuing to be wrong you know.
Let’s say you have an idea for a product that will change the world, but you have no capability to produce it because you’d need access to hundreds of workers and billions’ worth of machinery?
Even supposing you want to be paid nothing for your invention, how do you get it made?
You have to have someone else partner with you to do it. But why should they? If nobody is allowed to profit, then there’s no business reason for an existing company to innovate or change.
To be pedantic, all other things being equal, like quantity sold. Riiiiiight?
The best kind of correct.
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Well they got told to knock it off nicely. So I guess they will lower prices now. 🙄
Pretty please? And no crossies!
The egg producers already have.
The “bird flu” was nowhere significant enough to cause the price spike on its own. It was an attempt to determine “what the market will allow”. And it turns out people can do without eggs quite comfortably.
I know I did. Those eggs went sky high and I didn’t buy them for months.
They just went too far too fast and found out they aren’t the staple they thought they were. They also didn’t have enough market penetration when some stores had protected supply lines and did not raise their egg price.
Gotta boil the frog slowly
No shit.
Bread and circuses only work when people can afford the bread and circuses. But capitalism demands growth at the cost of all else. The only way out of this mess is when it eats its own tail I imagine. Some say the inevitable collapse of society should be hastened for the greater good. Obviously that’s far too simple a statement, but I’m not well versed on it. Someone hit me with your 2 cents.
Lotta people are gonna die when society collapses. Maybe let’s not rush that.
So. let’s say they’ll die if society collapses. Right now they are alive and suffering. Suffering for years, or the release of death? Those should not be the options we have to pick from.
Maybe let’s fix that?
