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submitted 8 months ago by _number8_@lemmy.world to c/news@lemmy.world

"Even though we're pushing through pricing, the consumer is tolerating it well," he said in October analyst call.

normal way to talk about 'fellow' human beings

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[-] chemical_cutthroat@lemmy.world 2 points 8 months ago* (last edited 8 months ago)

And that will never happen. That is the consumer equivalent of kicking the can down the road. "I'll do my part and stop buying, surely everyone else will do the same and corporations will stop being greedy." That's never going to happen, and if you stop at that point, you may as well just keep buying it. Costs have to be regulated. Bailouts have to stop happening. Tax breaks have to end for corporations that don't act in the best interest of the taxed. We have to hold the government accountable for protecting it's people, because for as long as people have been people, we've found new and creative ways to fuck others over while justifying it as supply and demand. Supply and demand has been a lie since the dawn of the industrial revolution. There is no demand on the supply of necessities that cannot be met with modern means. The cost of grain is still the seed the soil and the sweat. Stop inflating costs, and the economy will balance. However, without regulation, those costs will continue to inflate, and the lowest will always have to suffer.

this post was submitted on 07 Feb 2024
692 points (98.2% liked)

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