• grte@lemmy.ca
    link
    fedilink
    arrow-up
    1
    ·
    2 months ago

    Surely linking affordable groceries to communism will make affordable groceries less popular rather than communism more popular.

  • paf0@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    2 months ago

    I mean… Price control is kinda anti-capitalist, he’s not wrong.

    And no I will not vote for Donald Trump.

    • return2ozma@lemmy.worldOP
      link
      fedilink
      arrow-up
      0
      ·
      2 months ago

      IDGAF what they call it. Lower the damn prices! Sacrifice a billionaire to the capitalist god or something.

  • jordanlund@lemmy.worldM
    link
    fedilink
    arrow-up
    0
    ·
    2 months ago

    The reason publicly traded companies continually raise prices is the pressure from Wall Street to continually make more money than you did last month, last quarter, last year.

    Say you sell 1,000,000 hamburgers and make a 20% profit on it.

    Unless you make more money next year, selling that same 1,000,000 hamburgers, Wall Street is going to punish you. They don’t care that you’re profitable.

    You either sell more burgers or raise prices.