What if I told you that the 3-4 corporations that control our food supply increased prices to punish voters for not voting for a Republican in 2020? It’s been in the playbook for well over 30 years. Some musicians have even written songs with lyrics that discuss this technique.
That’s asking for a lot of sources and a compilation of research as to how I came to my inference on an internet comment. I don’t have the time to accommodate all of that, but this article touches on the corporate greed aspect somewhat concisely: https://www.nerdwallet.com/article/finance/price-of-food
Songs regarding what I’m talking about… off the top of my head the one I think of first is Propaghandi - “A People’s History of the World.” The last lyrics:
*"Yeah, you can vote however the fuck you want
But power still calls all the shots
And believe it or not
Even if democracy broke loose
They’ll just make the economy scream
Until we vote responsibly"*
I also think of Fugazi - “Merchandise”
*
“Merchandise, it keeps us in line
Common sense says it’s by design
What could a businessman ever want more
Than to have us sucking in his store”*
At first my brain started assuming you were just memeing a monologue from Deus Ex, then I realized this was an original comment. How sad is that? It must be here.
…just without the neat cyberpunk stuff.
And this was the game written on the premise “…where every conspiracy theory is real.” Lol
Definitely some greed. One grocery store here charges 50% more than the other just because (imagine: it’s a Kroger owned store). Neither store is a discount or lower-end store either. Ridiculous.
And coincidentally (or no really coincidentally at all), OP’s pic looks like a Kroger owned store too based on the price tag and the inconvenience sticker. Shocker that they’d charge that price 🙄
I don’t think corporate greed is a poor excuse though.
All prices in the UK have gone up by substantial amounts over the last 5 years. While at the same time these massive corporations have recorded record profits.
If the price increases were purely inflation then it would stand to reason that profits wouldn’t have gone up so much. Clearly they’ve used inflation as an excuse to squeeze consumers as much as possible.
I am talking generally here and not specifically about eggs.
Is it truly your belief that corporations were not greedy over the last 15 years, but somehow got really greedy at the same time that there were major supply chain shocks across the planet? Or is it more likely that “corporate greed” is a more enticing answer to a complex economic problem?
If the price increases were purely inflation then it would stand to reason that profits wouldn’t have gone up so much
During inflation, the value of EVERYTHING goes up. Companies pull in more money because money is not worth as much as it was
My understanding is mostly a bird flu but also inflation.
It’s ok, though. Trump has installed a loyalist who will scrub all mention of bird flu from the USDA website. Problem solved!
Look how well it worked out at the FAA!
“SLOW THE TEATING DOWN, PLEASE.”
Actual inflation or inflation mixed with greedy price increases?
Yes.
What if I told you that the 3-4 corporations that control our food supply increased prices to punish voters for not voting for a Republican in 2020? It’s been in the playbook for well over 30 years. Some musicians have even written songs with lyrics that discuss this technique.
Do you have any sources for this? Also the songs that mention it? I’d like to read more about this
Sources for my claim?
That’s asking for a lot of sources and a compilation of research as to how I came to my inference on an internet comment. I don’t have the time to accommodate all of that, but this article touches on the corporate greed aspect somewhat concisely: https://www.nerdwallet.com/article/finance/price-of-food
https://www.macrotrends.net/stocks/charts/COST/costco/revenue - is a good way to look at profits at a high level for the 4 major grocers (Walmart, Kroger, Costco, Albertsons) - https://www.foodandwaterwatch.org/wp-content/uploads/2021/11/IB_2111_FoodMonoSeries1-SUPERMARKETS-V2FINAL.pdf. This touches more on the aspect of food monopolies specifically: https://www.theguardian.com/environment/ng-interactive/2021/jul/14/food-monopoly-meals-profits-data-investigation - the monopolies go beyond just food.
Songs regarding what I’m talking about… off the top of my head the one I think of first is Propaghandi - “A People’s History of the World.” The last lyrics:
*"Yeah, you can vote however the fuck you want But power still calls all the shots And believe it or not
Even if democracy broke loose They’ll just make the economy scream Until we vote responsibly"*
I also think of Fugazi - “Merchandise” * “Merchandise, it keeps us in line Common sense says it’s by design What could a businessman ever want more Than to have us sucking in his store”*
At first my brain started assuming you were just memeing a monologue from Deus Ex, then I realized this was an original comment. How sad is that? It must be here.
…just without the neat cyberpunk stuff.
And this was the game written on the premise “…where every conspiracy theory is real.” Lol
Definitely some greed. One grocery store here charges 50% more than the other just because (imagine: it’s a Kroger owned store). Neither store is a discount or lower-end store either. Ridiculous.
And coincidentally (or no really coincidentally at all), OP’s pic looks like a Kroger owned store too based on the price tag and the inconvenience sticker. Shocker that they’d charge that price 🙄
Why not both?
Indeed!
It’s just inflation. Corporate greed is a poor excuse for price increases
It’s actually just corporate greed. The “inflation” is the excuse.
So it’s your opinion that corporations were not greedy before 2020?
Ok thanks.
I don’t think corporate greed is a poor excuse though.
All prices in the UK have gone up by substantial amounts over the last 5 years. While at the same time these massive corporations have recorded record profits.
If the price increases were purely inflation then it would stand to reason that profits wouldn’t have gone up so much. Clearly they’ve used inflation as an excuse to squeeze consumers as much as possible.
I am talking generally here and not specifically about eggs.
Is it truly your belief that corporations were not greedy over the last 15 years, but somehow got really greedy at the same time that there were major supply chain shocks across the planet? Or is it more likely that “corporate greed” is a more enticing answer to a complex economic problem?
During inflation, the value of EVERYTHING goes up. Companies pull in more money because money is not worth as much as it was
In this case it’s a commodity so that’s actually hard to do.