Figures. 🙄
Part of the problem is that corporate greed is just so prevalent everywhere that when I see higher prices, my immediate first thought is that they’re just shafting us because they can. It could cost $0.02 more per unit to produce, and they’d still charge $10 more, if they thought they could get away with it.
“There is a gap between what people say they want and what they actually do at the purchasing point – this is a difficulty for us,” Oriol Margo, EMEA sustainability transformation leader at Kimberly-Clark, said on Thursday at the Reuters IMPACT conference in London.
“It feels like our consumers are asking for sustainability but they are not looking to compromise on price or quality.”
I’m willing to compromise - as in, if it costs them $4 more to produce, they charge $2 more for it, we’re splitting the difference. Fine. I don’t believe that’s what’s happening. Maybe it is, but the perception is what matters, and we’ve been taking it up the ass for so long, it’s hard to believe they’re going to pull out on this one point.
Uh… from an economic point you just can’t split the additional cost in half if it costs 4 dollar more. If something costs 20 dollars to make and they sell it for 25 to price in the other costs and a slight profit margin and then it costs 30 to make when doing it sustainable they can’t sell it for 20 + (10 / 2) +5 = 30. They would make a minus then. They could sell it for 35, with gaining the same profit as before.
This is all under the assumption that the original price was a fair price.
Food is 2-3x the price it was just a few years ago, yet you’re gonna roll your eyes cause people can’t afford even more expensive goods? Fuck off.
Where do you live? At least in Europe, food definetly isn’t 2-3x more expensive. Apart from that, the question is not whether your XXL hamburger from BurgerKing just had a 150% price hike but rather if you can still shop your (fresh, healthy) groceries.
With a secured baseline standard of living, we all will have to get accustomed to that fact that won’t be able to afford that many fast, unsustainablez trashy products.
Back in 2023 I could feed 2 people for 40-50 a week. 70 if we’re splurging.
Now we’re spending about 75-100 a week for bare necessities , if we want to splurge it’s closer to 120-140.
I don’t even buy alcohol any more since it’s out of our budget.
We cook for 12-14 meals a week and we eat out 1 meal.
I have all of my historical data because I keep a budget on my excel sheet. I can pull up exact numbers.
I’m located in Germany.