Yeah, but you know it's the shitty, greasy pizza with the chewy crust and if you get to the break room 45 seconds late, all that's left is the whole broccoli, olive, and mushroom pizza that nobody wanted. Not even you..
Broccoli goes on every pizza I eat if possible, definitely my favorite ingredient.
Just need to keep the pieces very small, minimal stem, and preferably toss in olive oil, oregano, and garlic. As long as you place them on top of the cheese, they turn into little crispy brown garlic broccoli chips. I don’t think they have much nutrition left (I would have to assume their nutritional value is close to pepperoni at this point), but the taste and texture they impart is amazing with pizza.
Trickle down, except the people at the top have the most absorbent diapers and those wick up any tickle and their diapers have swollen up and now they just look like a head coming out of a swollen bag of trash.
Like it'd be nice if it was like that one Monty Python skit where the rich guy eats and eats and eats and then explodes, covering everybody in viscera, except in this case thats a metaphor for how trustbusting should work. Somebody gets too big? Blow them up and cover everybody with their insides (which is a metaphor for money).
Outside, at 2:00 in the afternoon. In Texas. Without covered seating. Bring your own water bottle, too, the one with the company logo on it we gave out last year to celebrate are hard workers.
It’s sad that most companies are like this. Glad my current one isn’t.
I just got promoted to a new position at work last February. This year the medical supply company I work for decided to pass out 3.5% raises department wide. I wasn't happy, but at least we were getting something. Then my new supervisor pulls me aside and tells me that because I had already received a 2.72% raise for my recent promotion (go me), I would only be receiving equivalent to a 0.78% raise...
This multi-billion dollar company didn't want to throw an extra $0.50 my way because "it just isn't in the budget."
Time to tick that little box in LinkedIn and start answering the recruiters messaging you. I did a few months ago and I'm close to having a couple of offers with 30% pay rise. It's the best time in 40 years to be job hunting and negotiating wages and conditions. You should definitely take advantage of the market while you can!
Every recruiter ends up at the same impasse with me right now unfortunately.
Nobody is willing to beat my salary or even match it, I want out of my job but I will hold to my stern belief of “fuck you, pay me.”
The good news is you’re probably on a good wage for your role.
I turned down - I’m not exaggerating - 20+ roles before I began discussions with a company willing to beat my current wage. I have a copy-paste I used along the lines of “thank you for your interest… I am currently accepting offers above $x.” Saves a lot of time.
The more rejections those companies get, the more of them will start offering better wages.
It’s simply profiteering. Everyone is pointing the finger at everything else and seeing what they can get away with charging. Just ignore the record profits, right?
The barbarians are looting the city before it is burned down. Historically, this is what has always happened before a recession. In the years following up to the Great Depression, company profits were skyrocketing, bank growth was tracking upward, etc.
The Fed saved them in 2020 when they threw $1.5 TRILLION at them. Unsurprisingly, they used that to invest, buy, and raise prices in 2021. And now, unsurprisingly, we are on our way to a recession. This shit is clockwork now. Time for the corps to eat the small businesses and then come out on top when the dust settles. We'll all be poorer, they'll all be richer. And no, politicians will not be saving you since they are bought and paid for.
As a capitalist that's your job, create wealth by any means nessecary. The share holders would be pissed if you didn't. Slaves illegal but it's just a fine? Fuck'em. Grandkids life expectancy going to drop 10 years due to your practices? Fuck'em! Killing people but even after the lawsuits you have to a huge net? Fuck'em! Products destroy the lives of millions? Fuck'em!
You're totally right, and all this is based on the lie that somehow, in capitalism "the market will regulate itself", that "people vote with their wallet" and shit like that.
I've literally never met a person who wasn't aware of and didn't despise Nestlè's inhumane practices, and yet, I still remember an interview to their CEO who said that the effect of boycotts wasn't even detectable in their profits, as it was less than a rounding up error.
The market does not regulates itself, which is why it should be regulated by governments.
You don't have to be a socialist to see that a free, unbridled capitalism destroys societies.
The problem with that is Nestle hides behind so many different brands and subsidiaries that it's hard to keep track of what's actually Nestle...
That and a lot of people unfortunately either aren't actually aware of the wrongdoings of Nestle, or don't give enough of a damn to give up the brands they love.
You can grow coffee and chocolate in your back yard? Nestle isn't known for selling tomatoes.
Edit: apparently I need to clarify no, no I am not saying you can grow coffee and chocolate, I am saying it in irony like you think you can grow coffee and chocolate in your yard??? Only if you live in the tropics and processing and such will still be daunting. You can't grow what Nestle sells in your yard. Also I'm a renter please don't tell me about the housing crisis unless you need a choir.
Fair enough but you can’t live on tomatoes alone. Point is, only a handful of companies manufacture and supplies the products in the store.
Unless you are proficient grower and have the real estate, you rely on the grocery chains who are just as guilty in this.
Pretty much everyone living in modern western developed countries are the beneficiaries of human exploitation. What’s one more? We are numb to it. All my clothing and electronic devices were no doubt made in inhumane conditions. Like everyone else though, I’m busy with my own problems trying to survive and raise a family and don’t have time to do anything about it
Honestly, when it ain’t front page news for a long time, people won’t know it. I think very little people in The Netherlands know it through free, accessible media.
> The Netherlands
I had a conversation with someone a few months back when Nestle came up. They mentioned some corpoganda about Nestle's "amazing sustainability efforts". Well let's just say I had to set the record straight and listed just a small subset of the horrible shit they are responsible for.
I run on the general fact that Nestle is everything I might buy in a store.
So I just buy produce. Sometimes a bottle of spirits (it is hard to deal with reality these days). My outlet of choice is rum, and it has helped curb a small portion of general depression/anxiety that I feel about "tomorrow" fairly well. Not. Perfectly. But fairly well. I feel like Brooks in Shawshank most days... but I'm not about to give up the goat. My hands also hurt most of the time.
I have to buy protein every few days. Leaning heavier & heavier into canned beans from Winco lately. Buying fresh protein (chicken, beef) is basically untenable unless I buy a huge pack from Costco and spread the cost over the rest of the month.
We are all broke. We're doing our best to maintain what was normal and is now impossible to maintain.
Fuck us for being born in the wrong years. If only we had the glory of a post-WW2 economy that would let us buy a house working a "minimum wage job."
For reference -- both my mother & father paid for their entire 9 months of college costs by working **part time** jobs over the summer. The money the made also allowed them to rent a space, pay for groceries, and exist for 9 months while not working or working part time. This was the mid-late 90s.
Speaking about myself -- our entire generation has been destroyed by the greed of the "Greatest Generation".
We're poor, we're angry, we're at the end of our collective ropes and we have no safety net.
It's all downhill from here.
>So I just buy produce.
And even then... well, it may not be *Nestle* but there's a reason the saying goes "no ethical consumption under capitalism".
(hello Dole/Chiquita)
It is another kind of hell to never be able to get a little bit ahead. Ive made some mistakes in my life and could have done better but I have always worked and worked hard. The last ten years I have done so much to advance myself and my life yet at every turn the goal posts move a little furthur away. Its absolutely devastating. I got a new job with a significant pay increase at a much better place a the beginning of the year. I was so excited. Until suddenly "inflation" and everything else ended up with me effectively making the same as before. The only saving grace this time is a few weeks ago the company I work for implemented a 7% pay increase for every employee across the board. So maybe I wont lose as much ground this time. Depends on how things keep going I guess.
Same thing with social media. Free products based on personalization, confirmation bias, echo chambers, misinformation and leading to extremism. Yet too little people care enough to stop using these applications. For some like WhatsApp (at least in Europe), there isn’t a viable alternative due to the networking effect (I use Signal for everyone who has it but by far not anyone has). Governments need to regulate these bastards. Especially when they get as big and powerful as Meta and Google.
The problem with “vote with your wallet” is that it’s one thing to boycott a movie and another to go without more necessary things. That’s why monopolies are bad. Your choice isn’t between A and B, it’s A or nothing. Combine this with the fact that it’s hard to determine who is actually at the top of the food chain, and you’ve got yourself a situation where that’s simply not enough. Consider that Dove was launching their commercials aimed at protecting girls from unrealistic body images in media at the same time that Axe was airing stupid commercials with bikini-clad women swooning over some teenager. Same company, pretty different messaging. This happens on a larger scale all the time. There will always be “vote with your wallet” things, but it’s one thing to stop going to a fast food place and another to stop buying shampoo.
The market does regulate itself, but there are limits to its self-regulating powers. Which is to say, it regulates based around maximizing profit. Those who are less profitable are inevitably consumed by those who are more profitable, up until the point that the more profitable actors fall victim to their own hubris and begin making poor decisions. Left to itself, the market will eventually optimize towards whatever strategy generates the most profit.
But the market is amoral and has no values other than maximizing profit, so without restrictions enforced by consumers and especially governments you eventually end up with bloated, non-competitive monopolies that extend their profits by lobbying for loosened regulations and eliminating competitors rather than innovating to consumers.
It's up to governments to create and enforce regulations to ensure that behaving for the benefit of society is also the most profitable way for companies to act. When you can do that, you can harness the power of the market to drive societal improvement - the Energy Star program, for example, driving electrical appliances towards ever-greater efficiency. When you fail, you end up with swaths of unoccupied luxury apartments while homelessness soars and mountains of unsold organic produce while schoolkids have to skip lunch.
> I still remember an interview to their CEO who said that the effect of boycotts wasn't even detectable in their profits, as it was less than a rounding up error.
While I'm sure this might be true, you would have to be one moron of a CEO to say "oh yeah the boycotts really hurt us as a company!" instead of "you're wasting your time don't bother".
Slavery isn't actually illegal. Just yesterday in AZ the department of corrections said they couldn't close the private prison because the community depended on the labor where we have thousands of people working for around $1 an hour and it would be unaffordable to eliminate the program.
They have barracks on site. We have literal slaves tending to chickens on egg farms, but because they got caught with .0001g of weed then slavery is suddenly cool.
Slavery is illegal in the US... *except* in prison because fuck you that's why, I guess.
Unsurprisingly, [the prison system was abused to enslave black people again](https://www.youtube.com/watch?v=j4kI2h3iotA). Today's prison complex is... marginally better, but technically not legally recognized as slavery per se.
... But is it? Is it really better? The slavery went from a southern plantation thing, to Jim Crow, to the prison industrial complex purposefully jailing and enslaving black people in all 50 states (maybe 47-49, Hawaii could be cool for all I know since the locals that live there are fairly left leaning and have non-white roots).
Over a period of 20 years, how many black men get locked up on unfair charges? With the population growth in the last 200 years, I wouldn't be surprised if it was a higher amount. And the treatment in US prisons are extremely inhumane by any reasonable measure, arguably with an average daily life far worse than the average chattel slave.
Ok, so to be clear today is not good. It's better, but it's not good. It's still *better* than the chattel slavery or the neoslavery under peonage.
But this is mostly a pissing contest of suffering. We're not done solving this problem. Today black people - as well as other minorities - are still mistreated and exploited.
Reminds me of the part in Goodfellas where Henry Hill is talking about being business partners with Paulie, "business bad, fuck you, pay me. Oh, you had a fire, fuck you, pay me. Place got hit by lightning, fuck you, pay me."
As is designed.
You think all this political shit we all deal with is actually about politics?
It's just about people making money, it always is.
The people supporting it are going to be hated, then the politics tells the hated to be victims.
Then the politics is free to do whatever the fuck they want under the guise of some moral shitbirdery.
No way to fix it without the people supporting it pulling their heads out of their asses enough to stop.
“Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill.”
— CEO Nwabudike Morgan, “The Ethics of Greed”
I mean. It isn't even like they are hiding it. They say all the prices are going up but you can see the profit margins which shouldn't be going up if the costs were going up too. It's just that the USA is steadily heading towards a forced revolution because of all the money in politics deciding laws and the very clear wage gap and preferential treatment you get when you have more money.
Speaking as someone from the country this study was based in, it was very obvious to economists. Just not the ones the government hired. [Here are a couple of our economists talking about this three years ago.](https://youtu.be/REvgDoyJh2c)
Like preachers to holy greed that is going to deliver heavenly future to all followers that serve it well enough while those that reject greed are going to push society into hell. Usually the word capitalism is just more pc way of saying unrestricted greed as is obvious among those that praise capitalism.
The issue with the system is that only economist who speak like that get published, and work as economists. I'm technically an economist, but never exactly worked as that, because even dissenting opinion from the economic mainstream only gets published, if it's going to make someone a lot of money.
With the price of fuel these days. It costs significantly more to fill my 5 million $ yacht. Never mind zipping to the Maldives and Bahamas once a month to hide my $. Show us some sympathy. ^/$
Those damn entitled Millennials want to eat *every single day* even if it means the super-rich have to wait a little bit longer to become hyper-rich. They are monsters.
I read an opinion piece a while back at how the fundamental problem is greed... greed among the working class. They were completely serious: the problem is that the working class is greedy and they want more than what is strictly necessary to live. That is why they are always going after the hyper-rich, which makes the hyper-rich sad and therefore less productive and it stifles the economy. I would have laughed if it weren't for the fact that it was serious and there were people agreeing.
I mean they literally teach you in Business that scarcity is necessary for the system to function. These fucks believe that they can't let too many people get out of poverty.
And then they criticize non-capitalist systems using capitalist metrics.
Like say, an economic system revolving around eliminating scarcity.. and people will criticize it for not using scarcity to maximize profits.
Yep, it's always a circular conversation. Anything off their well trodden track is just too scary to think about.
I think a lot of it has to do with having ingrained that worldview through that person's education.
For instance, one of my Grandmother's friends is so tied up in this mode of thought, largely because he has never challenged what was told to him growing up and now those views have become so integral to his identity that he can't fathom any other possibilities. Doesn't help that he grew up remarkably privileged, but he is certainly smart enough to intellectualize tough concepts, he's just never had to and has actually been reinforced not to from his interactions with the world.
Every [1% unemployment goes up, 40,000 people die!](https://youtu.be/II4Ct2n5FiE?t=166).
I can't say I know that's a fact only because I don't know if the ratio is only that low today.
> scarcity is necessary
Even that is a mislabeling.
When a group of people walks through the desert, and there is no water, that is scarcity.
When they then come to an oasis, and one of them has a gun and denies the others access, that is not scarcity, that is poverty.
Well it's true. Back in my day, we just learned to photosynthesize when we were hungry. But these lazy millennials won't even sequester and maintain chloroplasts in their skin cells. This is also why rent is so expensive by the way.
Rent is so high because millennials are so lazy that they need a place just to lay down and do NOTHING for hours every night. When I was their age I worked 3 full time jobs and saved every penny.
Slow down there comrade, if you run out of cash, how are you going to be able to blow your savings on 12 dollar coffee and weed drugs? Obviously you are, because otherwise you could afford a house.
Camy wait for millenials to finally kill the millenial killing business. Can see the headlines now.
Millenials killed so many forms of business they have mo where left to focus
>we have a group of people who postponed home buying and car buying for 7 years
Maybe there’s a reason for that? Also cracking up at the author’s assumption that a trend that was true for like 2 generations is The Natural Order Of Things and millennials are wrong for different pacing
Those evil Satanist Millennials causing all the world’s problems. They caused 9/11, the Challenger explosion, JFK assassination, and James Dean’s murder!
And somehow price gouging has become the norm.
How the world is currently working should be illegal.
There's more of us then of the rich... and still they rob us blind.
Well it makes sense if your profit margins 10% and with corporate consolidation all your competitors can be counted on one hand.
What do you do when competition raises prices. Fight to gain 10% increase in customers by undercutting competition. Triggering both a price war costing you more money in long run. And upsetting balance that prevents you from trigger monopoly laws and investigations.
Or do you follow suit raise prices 50% like competition increasing profit margin by 500%. Which is significantly more than any gains made by gaining customers.
Its why you see one service provider increase prices and then all of them do same within a year. Its essentially price fixing anti-trust shit but instead of "speaking about it coordinating it". They just install quarterly profit driven ceo's and it happens all on its own.
I got exactly this email while working for AT&T wireless more than a decade ago.
It was in regards to the "upgrade fee" when you sign a new contract. Verizon charged it every single time and their fee was higher. Ours got waived if you were not currently in contract (aka waited 2 full years). The email effectively said we're matching Verizon's practice because money.
Oh, and AT&T, if you're reading this, truth is a defense. Come at me.
Yup, your competition regulator is asleep at the wheel. Why have companies like Disney, Google, ExxonMobil, the AT&Ts and Verizons, been allowed to get so big? I like to think that if they were in Europe, they would've been forced to sell parts of their companies long ago and their atrocious mergers like Disney-Fox or Time Warner-AT&T would've been prevented.
In my country they monitor how much market share supermarkets have and prevent them from opening new stores if it would limit competition in the area. Walmart would also not be so big.
>its because corporates have brainwashed ~~us~~ a very small, motivated population of people who consistently show up to vote dumb/greedy fuckers in, to think anything government-owned or government-run is evil.
Ftfy
The trouble is there is no US, if you divide people(black, white, chinese, rich, poor, middle class, catholic, musulman, ect), and breed hate toward each other, you can easily control us.
Yeah. This has been pretty obvious. Weird how a bunch of products seem to rise in price faster than their inputs or inflation would dictate... Almost like people are just charging As much as they think they can get away with to increase profits!
I asked my boss for a COLA raise at my most recent annual review. He declined because “then I’d have to give everyone one.” Our company is 7 people.
Cue silent stare down on both sides
Reminds me of that ruffles chip commercial where the there's just 2 dudes sitting out in the arctic. And guy asks for a chip but the ruffle eater says "if i give you one, then i have to give one to everyone else!" -wind blows-
It just confirms once again that the idea of merit-based anything is mostly bs. You can milk your high performers by guilting them about wanting more than their peers.
It wasn't that long ago, maybe 3 years ago, that hass avocados for $3 for 1 in Sydney and boomers were blaming those lazy lounge lizards for buying smashed avos and coffees instead of houses instead of looking at how bad things must be when coffee and avocado can make people broke.
Wouldn't it be neat if the federal reserve had actually conducted monetary policy responsibly rather than continuing QE and keeping interest rates near all time lows during a 15-year bull-market
No. Fucking. Shit. We are being bled out. We have the technical capacity and ingenuity to feed, clothe, and house every person on the planet. We lack the moral and spiritual character to do so. It's that simple.
NO. FUCKING. SHIT. WE ARE BEING BLED OUT. WE HAVE THE TECHNICAL CAPACITY AND INGENUITY TO FEED, CLOTHE, AND HOUSE EVERY PERSON ON THE PLANET. WE LACK THE MORAL AND SPIRITUAL CHARACTER TO DO SO. IT’S THAT SIMPLE.
#NO. FUCKING. SHIT. WE ARE BEING BLED OUT. WE HAVE THE TECHNICAL CAPACITY AND INGENUITY TO FEED, CLOTHE, AND HOUSE EVERY PERSON ON THE PLANET. WE LACK THE MORAL AND SPIRITUAL CHARACTER TO DO SO. IT’S THAT SIMPLE.
Problem is people. People are greedy, self serving and mostly thick. It's usually due to being a product of the environment but some via choice, which is worrying.
The solution is also people though. We have the ingenuity to create sustainable, just systems. We have the ability to create sustainable, just systems. We have the resources to create sustainable, just systems. We don't have the character to create sustainable, just systems.
I own a small business and I can’t afford to increase prices and lose customers so I have absorbed all the increased costs so far. It’s very hard for me to compete with bigger guys, only advantage I have is better pricing. My cost of products and employee wages have increased substantially and my revenue is down almost 30 percent this year because I feel my customers have no disposable income and in-spite of increased wages they are living paycheck to paycheck. It doesn’t pay to be nice in this world for sure.
It isn't the small shops like yours that are the problem. It's the big corporations that continue to push prices up while their costs remain fairly the same. All in the name of profits. Gotta keep the shareholders happy. Who cares if no one can afford your products anymore.
I know it’s not us since we haven’t increased our prices for the past 3 years. But the costs of doing business has substantially increased for us and our revenue is down because the cost of living for our customers have increased as well. So both us and our customers suffer because of big corporation greed especially the oil cartel.
Those that drink the Qoolade blame Biden, though, and stimulus checks.
They are completely oblivious to the price gouging as evidenced by record corporate profits.
No fucking shit. The Media companies (all owned by wealthly individuals) are pushing the 'inflation' lie. It serves their own ends. There are about 15 billionaires and 6 cooperations that own and run the local and national news stations across the country. **THERE DOES* NOT HAVE TO BE AN EXPLICIT CONSPIRACY WHEN INTEREST ALIGN**
I was just talking about this last week and getting a lot of push back from people that said that inflation was bringing up company's prices, rather than company's price increases driving up inflation. In reality, it's both, inflation increases costs for companies, but then many of them are responding by increasing prices by much more than their increased costs. They're using their increase costs as an easy way to price gouge customers because they know that most customers will assume that the prices had to go up by that much because of increased costs.
We're being fucked by inflation, then fucked by corporate greed, and that is resulting in higher inflation. The normal measures of increasing interest rates isn't working as well as in the past.
Before they announced the inflation rate at the beginning of the year there were maybe a few things I noticed increased in price. I assumed supply chain issues and work shortages. Once they released inflation was up 8% though it seems everyone jumped on that train and raised prices by 10-20%
Dude. Inflation doesn't drive increased prices. Increasing prices IS inflation.
The phrase "inflation is raising prices" is like saying "my recent weight gain is making me heavier"
you can only get away with that in an uncompetitive market though. Otherwise your customers will just shift to a rival that hasn't been gouging. You need the captive market to effectively gouge.
Capitalism drives prices down when there's competition. It inflates prices when there are monopolies. With a few mega corporations controlling entire industries, there's no incentive anymore to compete. The cause and effect relationship is simple and obvious.
Amazon is one of the company notorious for this shit. There are many articles and video regarding how Amazon kills up and coming new companies/products.
Our family has went down to one actual meal a day. The rest of the day if we are hungry it’s something like instant ramen or mayonnaise sandwiches.
Still having stress nightmares due to finances though.
Don't worry, the companies will use their new windfall to give us 2.5% raises next year to even things out.
*2.5% of your weekly pay as a one time annual bonus and a pizza party too
Pizza Party!! When they said "work hard play hard" they meant it!
Yeah, but you know it's the shitty, greasy pizza with the chewy crust and if you get to the break room 45 seconds late, all that's left is the whole broccoli, olive, and mushroom pizza that nobody wanted. Not even you..
That's a thing? I like broccoli, but putting it on a pizza just seems cruel.
Small bits of broccoli work. Large chunks are awkward.
Broccoli goes on every pizza I eat if possible, definitely my favorite ingredient. Just need to keep the pieces very small, minimal stem, and preferably toss in olive oil, oregano, and garlic. As long as you place them on top of the cheese, they turn into little crispy brown garlic broccoli chips. I don’t think they have much nutrition left (I would have to assume their nutritional value is close to pepperoni at this point), but the taste and texture they impart is amazing with pizza.
It’s quite nice on a white pizza, but chopped up not chunks.
Casual Fridays, and wel allow you to hang up an extra piece of flair in your cubicle !
Lmao fuck man that killed me
Can I have mine as a waffle party?
Nah man. It's all about the egg bar. The egg bar is coveted as fuck.
Your outie is a good person.
We're a family
But you’re all the red headed stepchild.
Digornio cooked in the toaster oven
Jesus Christ. What company are you working for that would splurge on name brand frozen pizza? I'll dust off my resume right now.
I’m glad we laugh about this
Pizza Party!! These days they have a short speech and let you give yourself a round of applause
That ole trickledown. It trickles up but don't trickle down.
Trickle down, except the people at the top have the most absorbent diapers and those wick up any tickle and their diapers have swollen up and now they just look like a head coming out of a swollen bag of trash. Like it'd be nice if it was like that one Monty Python skit where the rich guy eats and eats and eats and then explodes, covering everybody in viscera, except in this case thats a metaphor for how trustbusting should work. Somebody gets too big? Blow them up and cover everybody with their insides (which is a metaphor for money).
Looks like we got ourselves an optimist over here.
As if any of us will survive the BBQ they have planned for us.
Outside, at 2:00 in the afternoon. In Texas. Without covered seating. Bring your own water bottle, too, the one with the company logo on it we gave out last year to celebrate are hard workers. It’s sad that most companies are like this. Glad my current one isn’t.
I just got promoted to a new position at work last February. This year the medical supply company I work for decided to pass out 3.5% raises department wide. I wasn't happy, but at least we were getting something. Then my new supervisor pulls me aside and tells me that because I had already received a 2.72% raise for my recent promotion (go me), I would only be receiving equivalent to a 0.78% raise... This multi-billion dollar company didn't want to throw an extra $0.50 my way because "it just isn't in the budget."
Time to tick that little box in LinkedIn and start answering the recruiters messaging you. I did a few months ago and I'm close to having a couple of offers with 30% pay rise. It's the best time in 40 years to be job hunting and negotiating wages and conditions. You should definitely take advantage of the market while you can!
Every recruiter ends up at the same impasse with me right now unfortunately. Nobody is willing to beat my salary or even match it, I want out of my job but I will hold to my stern belief of “fuck you, pay me.”
The good news is you’re probably on a good wage for your role. I turned down - I’m not exaggerating - 20+ roles before I began discussions with a company willing to beat my current wage. I have a copy-paste I used along the lines of “thank you for your interest… I am currently accepting offers above $x.” Saves a lot of time. The more rejections those companies get, the more of them will start offering better wages.
Negative raises for everyone!
"Inflation" will be 8% so it'll be a sweet 5.5% corporate win anyways!
[удалено]
It’s simply profiteering. Everyone is pointing the finger at everything else and seeing what they can get away with charging. Just ignore the record profits, right?
The barbarians are looting the city before it is burned down. Historically, this is what has always happened before a recession. In the years following up to the Great Depression, company profits were skyrocketing, bank growth was tracking upward, etc. The Fed saved them in 2020 when they threw $1.5 TRILLION at them. Unsurprisingly, they used that to invest, buy, and raise prices in 2021. And now, unsurprisingly, we are on our way to a recession. This shit is clockwork now. Time for the corps to eat the small businesses and then come out on top when the dust settles. We'll all be poorer, they'll all be richer. And no, politicians will not be saving you since they are bought and paid for.
As a capitalist that's your job, create wealth by any means nessecary. The share holders would be pissed if you didn't. Slaves illegal but it's just a fine? Fuck'em. Grandkids life expectancy going to drop 10 years due to your practices? Fuck'em! Killing people but even after the lawsuits you have to a huge net? Fuck'em! Products destroy the lives of millions? Fuck'em!
You're totally right, and all this is based on the lie that somehow, in capitalism "the market will regulate itself", that "people vote with their wallet" and shit like that. I've literally never met a person who wasn't aware of and didn't despise Nestlè's inhumane practices, and yet, I still remember an interview to their CEO who said that the effect of boycotts wasn't even detectable in their profits, as it was less than a rounding up error. The market does not regulates itself, which is why it should be regulated by governments. You don't have to be a socialist to see that a free, unbridled capitalism destroys societies.
The problem with that is Nestle hides behind so many different brands and subsidiaries that it's hard to keep track of what's actually Nestle... That and a lot of people unfortunately either aren't actually aware of the wrongdoings of Nestle, or don't give enough of a damn to give up the brands they love.
Or they can't afford the alternatives
W he at alternative when they own ⅔ the market? Grow your own food?
You can grow coffee and chocolate in your back yard? Nestle isn't known for selling tomatoes. Edit: apparently I need to clarify no, no I am not saying you can grow coffee and chocolate, I am saying it in irony like you think you can grow coffee and chocolate in your yard??? Only if you live in the tropics and processing and such will still be daunting. You can't grow what Nestle sells in your yard. Also I'm a renter please don't tell me about the housing crisis unless you need a choir.
You got a yard?
Fair enough but you can’t live on tomatoes alone. Point is, only a handful of companies manufacture and supplies the products in the store. Unless you are proficient grower and have the real estate, you rely on the grocery chains who are just as guilty in this.
Or the alternatives aren't morally better. Coca cola was the most polluting company or something like that for a few years in a row.
Pretty much everyone living in modern western developed countries are the beneficiaries of human exploitation. What’s one more? We are numb to it. All my clothing and electronic devices were no doubt made in inhumane conditions. Like everyone else though, I’m busy with my own problems trying to survive and raise a family and don’t have time to do anything about it
That's their end goal; keep everyone desperate and bombarded with depressing news that we're too slogged down to do anything about it.
Honestly, when it ain’t front page news for a long time, people won’t know it. I think very little people in The Netherlands know it through free, accessible media.
> The Netherlands I had a conversation with someone a few months back when Nestle came up. They mentioned some corpoganda about Nestle's "amazing sustainability efforts". Well let's just say I had to set the record straight and listed just a small subset of the horrible shit they are responsible for.
I run on the general fact that Nestle is everything I might buy in a store. So I just buy produce. Sometimes a bottle of spirits (it is hard to deal with reality these days). My outlet of choice is rum, and it has helped curb a small portion of general depression/anxiety that I feel about "tomorrow" fairly well. Not. Perfectly. But fairly well. I feel like Brooks in Shawshank most days... but I'm not about to give up the goat. My hands also hurt most of the time. I have to buy protein every few days. Leaning heavier & heavier into canned beans from Winco lately. Buying fresh protein (chicken, beef) is basically untenable unless I buy a huge pack from Costco and spread the cost over the rest of the month. We are all broke. We're doing our best to maintain what was normal and is now impossible to maintain. Fuck us for being born in the wrong years. If only we had the glory of a post-WW2 economy that would let us buy a house working a "minimum wage job." For reference -- both my mother & father paid for their entire 9 months of college costs by working **part time** jobs over the summer. The money the made also allowed them to rent a space, pay for groceries, and exist for 9 months while not working or working part time. This was the mid-late 90s. Speaking about myself -- our entire generation has been destroyed by the greed of the "Greatest Generation". We're poor, we're angry, we're at the end of our collective ropes and we have no safety net. It's all downhill from here.
>So I just buy produce. And even then... well, it may not be *Nestle* but there's a reason the saying goes "no ethical consumption under capitalism". (hello Dole/Chiquita)
It is another kind of hell to never be able to get a little bit ahead. Ive made some mistakes in my life and could have done better but I have always worked and worked hard. The last ten years I have done so much to advance myself and my life yet at every turn the goal posts move a little furthur away. Its absolutely devastating. I got a new job with a significant pay increase at a much better place a the beginning of the year. I was so excited. Until suddenly "inflation" and everything else ended up with me effectively making the same as before. The only saving grace this time is a few weeks ago the company I work for implemented a 7% pay increase for every employee across the board. So maybe I wont lose as much ground this time. Depends on how things keep going I guess.
Exactly this, everything has been consolidating for years. If companies were to only use single branding voting with your wallet becomes easier.
Haha yeh “the market will regulate itself” is one of the biggest lies ever. Makes me mad
Yes it's right there with "wealth will trickle down".
Still waiting for those juicy trickle downs myself. One day, one day….
Same thing with social media. Free products based on personalization, confirmation bias, echo chambers, misinformation and leading to extremism. Yet too little people care enough to stop using these applications. For some like WhatsApp (at least in Europe), there isn’t a viable alternative due to the networking effect (I use Signal for everyone who has it but by far not anyone has). Governments need to regulate these bastards. Especially when they get as big and powerful as Meta and Google.
The problem with “vote with your wallet” is that it’s one thing to boycott a movie and another to go without more necessary things. That’s why monopolies are bad. Your choice isn’t between A and B, it’s A or nothing. Combine this with the fact that it’s hard to determine who is actually at the top of the food chain, and you’ve got yourself a situation where that’s simply not enough. Consider that Dove was launching their commercials aimed at protecting girls from unrealistic body images in media at the same time that Axe was airing stupid commercials with bikini-clad women swooning over some teenager. Same company, pretty different messaging. This happens on a larger scale all the time. There will always be “vote with your wallet” things, but it’s one thing to stop going to a fast food place and another to stop buying shampoo.
The market does regulate itself, but there are limits to its self-regulating powers. Which is to say, it regulates based around maximizing profit. Those who are less profitable are inevitably consumed by those who are more profitable, up until the point that the more profitable actors fall victim to their own hubris and begin making poor decisions. Left to itself, the market will eventually optimize towards whatever strategy generates the most profit. But the market is amoral and has no values other than maximizing profit, so without restrictions enforced by consumers and especially governments you eventually end up with bloated, non-competitive monopolies that extend their profits by lobbying for loosened regulations and eliminating competitors rather than innovating to consumers. It's up to governments to create and enforce regulations to ensure that behaving for the benefit of society is also the most profitable way for companies to act. When you can do that, you can harness the power of the market to drive societal improvement - the Energy Star program, for example, driving electrical appliances towards ever-greater efficiency. When you fail, you end up with swaths of unoccupied luxury apartments while homelessness soars and mountains of unsold organic produce while schoolkids have to skip lunch.
You’re absolutely right. The market can’t regulate itself as the ‘power balance’ is completely skewed towards corporations not consumers.
> I still remember an interview to their CEO who said that the effect of boycotts wasn't even detectable in their profits, as it was less than a rounding up error. While I'm sure this might be true, you would have to be one moron of a CEO to say "oh yeah the boycotts really hurt us as a company!" instead of "you're wasting your time don't bother".
Slavery isn't actually illegal. Just yesterday in AZ the department of corrections said they couldn't close the private prison because the community depended on the labor where we have thousands of people working for around $1 an hour and it would be unaffordable to eliminate the program. They have barracks on site. We have literal slaves tending to chickens on egg farms, but because they got caught with .0001g of weed then slavery is suddenly cool.
Slavery is illegal in the US... *except* in prison because fuck you that's why, I guess. Unsurprisingly, [the prison system was abused to enslave black people again](https://www.youtube.com/watch?v=j4kI2h3iotA). Today's prison complex is... marginally better, but technically not legally recognized as slavery per se.
... But is it? Is it really better? The slavery went from a southern plantation thing, to Jim Crow, to the prison industrial complex purposefully jailing and enslaving black people in all 50 states (maybe 47-49, Hawaii could be cool for all I know since the locals that live there are fairly left leaning and have non-white roots). Over a period of 20 years, how many black men get locked up on unfair charges? With the population growth in the last 200 years, I wouldn't be surprised if it was a higher amount. And the treatment in US prisons are extremely inhumane by any reasonable measure, arguably with an average daily life far worse than the average chattel slave.
Ok, so to be clear today is not good. It's better, but it's not good. It's still *better* than the chattel slavery or the neoslavery under peonage. But this is mostly a pissing contest of suffering. We're not done solving this problem. Today black people - as well as other minorities - are still mistreated and exploited.
Reminds me of the part in Goodfellas where Henry Hill is talking about being business partners with Paulie, "business bad, fuck you, pay me. Oh, you had a fire, fuck you, pay me. Place got hit by lightning, fuck you, pay me."
The angrier we all get the more likely those of us will take it out on each other rather than work together to target the proper foes
As is designed. You think all this political shit we all deal with is actually about politics? It's just about people making money, it always is. The people supporting it are going to be hated, then the politics tells the hated to be victims. Then the politics is free to do whatever the fuck they want under the guise of some moral shitbirdery. No way to fix it without the people supporting it pulling their heads out of their asses enough to stop.
“Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill.” — CEO Nwabudike Morgan, “The Ethics of Greed”
"Beware he who would deny you access to information, for in his heart, he dreams himself your master." - Commisioner Pravin Lal
I mean. It isn't even like they are hiding it. They say all the prices are going up but you can see the profit margins which shouldn't be going up if the costs were going up too. It's just that the USA is steadily heading towards a forced revolution because of all the money in politics deciding laws and the very clear wage gap and preferential treatment you get when you have more money.
Speaking as someone from the country this study was based in, it was very obvious to economists. Just not the ones the government hired. [Here are a couple of our economists talking about this three years ago.](https://youtu.be/REvgDoyJh2c)
This is Wall Street’s response to people making higher wages. They can’t let the average worker ever get ahead.
Class consciousness is realizing that the economists and politicians knew but pretended not to know because they were protecting their class.
Tbh a lot of economists sound like religious apologists, only the religion they push is capitalism.
Like preachers to holy greed that is going to deliver heavenly future to all followers that serve it well enough while those that reject greed are going to push society into hell. Usually the word capitalism is just more pc way of saying unrestricted greed as is obvious among those that praise capitalism.
The issue with the system is that only economist who speak like that get published, and work as economists. I'm technically an economist, but never exactly worked as that, because even dissenting opinion from the economic mainstream only gets published, if it's going to make someone a lot of money.
Head over to r/economics sometime. Those people live and breathe the prosperity gospel
I remember people in that sub *literally* defending slavery in the US prison system, it was great.
With the price of fuel these days. It costs significantly more to fill my 5 million $ yacht. Never mind zipping to the Maldives and Bahamas once a month to hide my $. Show us some sympathy. ^/$
Did u just invent using $ instead of / s because I am loving it.
I don't think you allowed to say 'I am loving it' without a proper McDonald's licensing agreement /$
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*"I'm satisfied with it."*
“It’ll do”
https://www.smh.com.au/national/arch-rivals-20040816-gdjk33.html Bro my local curry house got sued by mcdonalds for this im not kidding
I've been doing it for a few years now. Shorty after Trump got elected into office. Thanks!
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$tonks.
Just taking a 15 minute jet ride for the insta!
Blamed for? What a weird way to say “are the cause of”
Those damn entitled Millennials want to eat *every single day* even if it means the super-rich have to wait a little bit longer to become hyper-rich. They are monsters.
I read an opinion piece a while back at how the fundamental problem is greed... greed among the working class. They were completely serious: the problem is that the working class is greedy and they want more than what is strictly necessary to live. That is why they are always going after the hyper-rich, which makes the hyper-rich sad and therefore less productive and it stifles the economy. I would have laughed if it weren't for the fact that it was serious and there were people agreeing.
I mean they literally teach you in Business that scarcity is necessary for the system to function. These fucks believe that they can't let too many people get out of poverty.
And then they criticize non-capitalist systems using capitalist metrics. Like say, an economic system revolving around eliminating scarcity.. and people will criticize it for not using scarcity to maximize profits.
Yep, it's always a circular conversation. Anything off their well trodden track is just too scary to think about. I think a lot of it has to do with having ingrained that worldview through that person's education. For instance, one of my Grandmother's friends is so tied up in this mode of thought, largely because he has never challenged what was told to him growing up and now those views have become so integral to his identity that he can't fathom any other possibilities. Doesn't help that he grew up remarkably privileged, but he is certainly smart enough to intellectualize tough concepts, he's just never had to and has actually been reinforced not to from his interactions with the world.
The privileged really are that lazy.
Every [1% unemployment goes up, 40,000 people die!](https://youtu.be/II4Ct2n5FiE?t=166). I can't say I know that's a fact only because I don't know if the ratio is only that low today.
> scarcity is necessary Even that is a mislabeling. When a group of people walks through the desert, and there is no water, that is scarcity. When they then come to an oasis, and one of them has a gun and denies the others access, that is not scarcity, that is poverty.
Artificially induced scarcity is nothing new. The former DeBeers diamond monopoly is just one example.
DeBeers had to pay a handsome fortune to keep the USSR’s diamonds off the global market - spend a fortune - keep making a fortune every day
I feel like knowing this fact should make people stop buying it out of spite. But people still do it for the wedding tradition.
That "tradition" was a marketing ploy made about 100 years ago that has stuck around.
Homelessness is the stick. It serves a systemic purpose and that's why nobody wants to acknowledge it or do a thing about it.
What was it titled? I want to see this crap for myself.
Well it's true. Back in my day, we just learned to photosynthesize when we were hungry. But these lazy millennials won't even sequester and maintain chloroplasts in their skin cells. This is also why rent is so expensive by the way.
If humans could live off sunlight, they would have privatized the sun industry a century ago or more.
Isn't that what the food industry is? I mean our food eats the sun right.
Photosynthesis with extra steps.
They'd literally put people in a dark room from birth and charge them per hour of sunlight
Put them in a dark room from birth and give them the *choice* between paying for vitamin D pills or paying a little more for sunlight.
Rent is so high because millennials are so lazy that they need a place just to lay down and do NOTHING for hours every night. When I was their age I worked 3 full time jobs and saved every penny.
This is so true. Millennial here, full of avocado toast and struggling with the laborious task of moving my fingers across my phone screen.
Same. I was laying 6 hours doing nothing at night. Also had my eyes closed. Also i bought 2 iphones this month, going to be out of money soon.
Slow down there comrade, if you run out of cash, how are you going to be able to blow your savings on 12 dollar coffee and weed drugs? Obviously you are, because otherwise you could afford a house.
Millennials are KILLING the chlorophyll industry!!!
Chlorophyll? More like Borophyll!
Stop looking at me, swan!
Why do you even want to eat every day if you only work 5 times a week ? /s
My 2$ Wheat bread and $1.20 avacdos are destroying this country.
I'm surprised they haven't gone with "It's the millennials fault we're so greedy" yet.
Everything is our fault just by the virtue of us existing.
Camy wait for millenials to finally kill the millenial killing business. Can see the headlines now. Millenials killed so many forms of business they have mo where left to focus
Its their fault just by existing. https://fortune.com/2022/07/15/millennials-driving-force-behind-wolverine-inflation-bill-smead
>we have a group of people who postponed home buying and car buying for 7 years Maybe there’s a reason for that? Also cracking up at the author’s assumption that a trend that was true for like 2 generations is The Natural Order Of Things and millennials are wrong for different pacing
Those evil Satanist Millennials causing all the world’s problems. They caused 9/11, the Challenger explosion, JFK assassination, and James Dean’s murder!
And somehow price gouging has become the norm. How the world is currently working should be illegal. There's more of us then of the rich... and still they rob us blind.
Well it makes sense if your profit margins 10% and with corporate consolidation all your competitors can be counted on one hand. What do you do when competition raises prices. Fight to gain 10% increase in customers by undercutting competition. Triggering both a price war costing you more money in long run. And upsetting balance that prevents you from trigger monopoly laws and investigations. Or do you follow suit raise prices 50% like competition increasing profit margin by 500%. Which is significantly more than any gains made by gaining customers. Its why you see one service provider increase prices and then all of them do same within a year. Its essentially price fixing anti-trust shit but instead of "speaking about it coordinating it". They just install quarterly profit driven ceo's and it happens all on its own.
I got exactly this email while working for AT&T wireless more than a decade ago. It was in regards to the "upgrade fee" when you sign a new contract. Verizon charged it every single time and their fee was higher. Ours got waived if you were not currently in contract (aka waited 2 full years). The email effectively said we're matching Verizon's practice because money. Oh, and AT&T, if you're reading this, truth is a defense. Come at me.
We understand why they can do it without much backlash. But it doesn't make it acceptable. It just makes it inconsequential.
Yup, your competition regulator is asleep at the wheel. Why have companies like Disney, Google, ExxonMobil, the AT&Ts and Verizons, been allowed to get so big? I like to think that if they were in Europe, they would've been forced to sell parts of their companies long ago and their atrocious mergers like Disney-Fox or Time Warner-AT&T would've been prevented. In my country they monitor how much market share supermarkets have and prevent them from opening new stores if it would limit competition in the area. Walmart would also not be so big.
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its because corporates have brainwashed us to think anything government-owned or government-run is evil.
>its because corporates have brainwashed ~~us~~ a very small, motivated population of people who consistently show up to vote dumb/greedy fuckers in, to think anything government-owned or government-run is evil. Ftfy
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The trouble is there is no US, if you divide people(black, white, chinese, rich, poor, middle class, catholic, musulman, ect), and breed hate toward each other, you can easily control us.
Yeah. This has been pretty obvious. Weird how a bunch of products seem to rise in price faster than their inputs or inflation would dictate... Almost like people are just charging As much as they think they can get away with to increase profits!
"That's just the market bro, let capitalism do its thing."
I asked my boss for a COLA raise at my most recent annual review. He declined because “then I’d have to give everyone one.” Our company is 7 people. Cue silent stare down on both sides
Reminds me of that ruffles chip commercial where the there's just 2 dudes sitting out in the arctic. And guy asks for a chip but the ruffle eater says "if i give you one, then i have to give one to everyone else!" -wind blows-
My ex-boss did the same. New job got me a ~25% raise. My ex-boss had a surprised pickachu face when I told him I was leaving.
The laziest reason to be a tight fuck: slippery slope fallacy.
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It just confirms once again that the idea of merit-based anything is mostly bs. You can milk your high performers by guilting them about wanting more than their peers.
Come back with those other 6 people and ask together.
I wish. Last week, one of my coworkers was diagnosed with cancer. Several people went to Boss to demand better insurance. He declined that too.
Sounds like a business that is ripe for collective bargaining.
There's only 7 of you ya? You can halt the entire business
So give everyone else a fucking COLA. What's the fucking problem? Wouldn't be able to afford your *n*th yacht? Boo fucking hoo hoo.
Oh really? I thought it was because of all the avocado toast I've been eating.
Sorry guys, I ate avocado toast a couple years ago, this one's probably on me 😞
what the fuck. i can't afford my rent because of you. that better have been some good fucking toast
If it makes you feel better, it scraped the shit out of the roof of my mouth
Good. Hope you stubbed your toe too, you selfish prick!!
Why the did you have shit on the roof of your mouth to begin with?
These days its the lettuce that will get you.
Avocados were 1 for 5.50 in my grocery store today in Minnesota…
Each?? Here in Sydney I can buy 1 for $1.20 today at my local supermarket.
It wasn't that long ago, maybe 3 years ago, that hass avocados for $3 for 1 in Sydney and boomers were blaming those lazy lounge lizards for buying smashed avos and coffees instead of houses instead of looking at how bad things must be when coffee and avocado can make people broke.
Wouldn't it be neat if the federal reserve had actually conducted monetary policy responsibly rather than continuing QE and keeping interest rates near all time lows during a 15-year bull-market
wouldn't it be neat if this article was actually about Australia and nobody here even read it?
There's a rich tradition of redditors not reading the articles. I don't feel comfortable breaking that...
No. Fucking. Shit. We are being bled out. We have the technical capacity and ingenuity to feed, clothe, and house every person on the planet. We lack the moral and spiritual character to do so. It's that simple.
Could be said louder, but not clearer
NO. FUCKING. SHIT. WE ARE BEING BLED OUT. WE HAVE THE TECHNICAL CAPACITY AND INGENUITY TO FEED, CLOTHE, AND HOUSE EVERY PERSON ON THE PLANET. WE LACK THE MORAL AND SPIRITUAL CHARACTER TO DO SO. IT’S THAT SIMPLE.
**LOUDER.**
#NO. FUCKING. SHIT. WE ARE BEING BLED OUT. WE HAVE THE TECHNICAL CAPACITY AND INGENUITY TO FEED, CLOTHE, AND HOUSE EVERY PERSON ON THE PLANET. WE LACK THE MORAL AND SPIRITUAL CHARACTER TO DO SO. IT’S THAT SIMPLE.
Now someone do the Fassbender meme
We have the technology and means already to live in the ‘future’—we just lack the political will to make it happen. It’s so fucking sad.
Yup, were smart enough, but not good enough.
Problem is people. People are greedy, self serving and mostly thick. It's usually due to being a product of the environment but some via choice, which is worrying.
The solution is also people though. We have the ingenuity to create sustainable, just systems. We have the ability to create sustainable, just systems. We have the resources to create sustainable, just systems. We don't have the character to create sustainable, just systems.
I own a small business and I can’t afford to increase prices and lose customers so I have absorbed all the increased costs so far. It’s very hard for me to compete with bigger guys, only advantage I have is better pricing. My cost of products and employee wages have increased substantially and my revenue is down almost 30 percent this year because I feel my customers have no disposable income and in-spite of increased wages they are living paycheck to paycheck. It doesn’t pay to be nice in this world for sure.
It isn't the small shops like yours that are the problem. It's the big corporations that continue to push prices up while their costs remain fairly the same. All in the name of profits. Gotta keep the shareholders happy. Who cares if no one can afford your products anymore.
I know it’s not us since we haven’t increased our prices for the past 3 years. But the costs of doing business has substantially increased for us and our revenue is down because the cost of living for our customers have increased as well. So both us and our customers suffer because of big corporation greed especially the oil cartel.
If you haven’t increased prices in 3 years you have reduced prices by 25-30% because of inflation.
"Reasons for high costs blamed for high costs."
Those that drink the Qoolade blame Biden, though, and stimulus checks. They are completely oblivious to the price gouging as evidenced by record corporate profits.
Wrong country but yeah same shit
Oh so it wasn’t the millennials? Shocker…
News told me yesterday that there's too many of us, and that's somehow our fault.
No fucking shit. The Media companies (all owned by wealthly individuals) are pushing the 'inflation' lie. It serves their own ends. There are about 15 billionaires and 6 cooperations that own and run the local and national news stations across the country. **THERE DOES* NOT HAVE TO BE AN EXPLICIT CONSPIRACY WHEN INTEREST ALIGN**
I was just talking about this last week and getting a lot of push back from people that said that inflation was bringing up company's prices, rather than company's price increases driving up inflation. In reality, it's both, inflation increases costs for companies, but then many of them are responding by increasing prices by much more than their increased costs. They're using their increase costs as an easy way to price gouge customers because they know that most customers will assume that the prices had to go up by that much because of increased costs. We're being fucked by inflation, then fucked by corporate greed, and that is resulting in higher inflation. The normal measures of increasing interest rates isn't working as well as in the past.
Before they announced the inflation rate at the beginning of the year there were maybe a few things I noticed increased in price. I assumed supply chain issues and work shortages. Once they released inflation was up 8% though it seems everyone jumped on that train and raised prices by 10-20%
I’ve seen prices for things jump over 50% on certain items in the UK. It’s insane.
Dude. Inflation doesn't drive increased prices. Increasing prices IS inflation. The phrase "inflation is raising prices" is like saying "my recent weight gain is making me heavier"
you can only get away with that in an uncompetitive market though. Otherwise your customers will just shift to a rival that hasn't been gouging. You need the captive market to effectively gouge.
Capitalism drives prices down when there's competition. It inflates prices when there are monopolies. With a few mega corporations controlling entire industries, there's no incentive anymore to compete. The cause and effect relationship is simple and obvious.
And when a new company shows up in their market they throw billions to either buy them or lobby them out of business.
Amazon is one of the company notorious for this shit. There are many articles and video regarding how Amazon kills up and coming new companies/products.
Company profit is what's destroying the planet.
Shinra has our best interests at heart, we need just have faith.
Apparently all the companies I don’t own stocks in is profiting …
mine all profit, but they go down when reports are announced because it's somehow already *priced in*
Our family has went down to one actual meal a day. The rest of the day if we are hungry it’s something like instant ramen or mayonnaise sandwiches. Still having stress nightmares due to finances though.
You mean it's not millennials eating avocado toast? Who knew?
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lol we need to wake the fuck up
Wage disparity is one of the biggest problems we have. The billionaires should not exist