cross-posted from: https://lemmy.world/post/19193010
Shocked pickachu face
This is America…
Price points are set as high as people will pay, not what shit is worth or costs to produce.
What did people think we’d end up with massive deregulation?
This is literally what fucking capitalism is: price gouging whenever possible for as much money as possible.
Don’t like it?
Good. Fucking vote more. Vote for progressives that will actually try to undo the damage republicans have done, it ain’t enough to vote for neoliberals who want to leave shit exactly as fucked up as it currently is, that’s just waiting between times republicans get to fuck shit up. Because half ass neoliberals aren’t enough to consistently keep republicans out of office.
The shocking part is he admitted it. ;)
Meanwhile:
https://progressivegrocer.com/kroger-court-grocery-merger-allows-better-competition-global-behemoths
“Both Kroger and Albertsons say the proposed merger allows them to team up to better compete with global behemoths like Walmart. Plus, the merger will reportedly produce significant efficiencies.”
Well then by all means let them merge with Albertsons. What could possibly go wrong?
“This pricing strategy was likely implemented to maximize profits,” Thompson said.
I see they brought Sherlock Holmes in on the case.
Regulate monopolies!