• salacious_coaster@infosec.pub
    link
    fedilink
    English
    arrow-up
    16
    ·
    5 days ago

    Also systematic monopolization of everything by like five companies. With no realistic possibility of price competition, prices will go up until people decide to stop buying things altogether

    • BanMe@lemmy.world
      link
      fedilink
      arrow-up
      14
      ·
      5 days ago

      People keep making the point that in the worst of the depression, they were giving away tableware to just get people in the stores.

      The CEO of McDonalds is currently lobbying the White House to raise the minimum wage. Saying there’s a “two track economy” and point out stratification. Curious.

      They’re noticing they squeezed us too hard, not just as consumers but as a class. To the point where it’s eating their sales now. So they’ll adjust it just high enough that we keep bleeding for them.

      Breadcrumbs.

      • Korhaka@sopuli.xyz
        link
        fedilink
        English
        arrow-up
        5
        ·
        5 days ago

        I’ll do my part to reject consumerism. Just don’t buy non essentials unless it helps me spend even less money later. Like the £40 on canning stuff, for a couple gallons of chutney now that cost less than £5 to make and would have been like £50 or so to buy.

        Still got more jars to fill, jam next I think.