Antitrust? How quaint. Microsoft showed everyone that antitrust just means “drag out the process until you get a sycophant in office and saunter away with a slap on the wrist.”
That isn’t a sign of collapse. That just shows that the average retailer would let a baby starve than lose a dime. Its a reflection of the morality that these people have. But of course they never examine themselves deep enough to have that realisation.
There’s a drug store chain near me that has a sign, if you need formula and can’t afford it, they’ll let you have their brand generic formulas for free. You just bring it up to the desk, let them know and they’ll scan it and give it to you.
I think corporations learned some very dangerous lessons from the pandemic.
The demand for essential goods is inelastic. They can charge whatever and people still have to but things, especially food, household products, and a place to live.
They can understaff and underpay employees, and people will choose to fault people for laziness rather than the deliberate corporate choices that lead to the situation.
Corporations have built such a large market share so as to have created giant barriers to entry that there is zero competition from new businesses.
Even larger competitor corporations are happy to wink and nod as you both raise prices, cut staff, and give paltry raises because it just means you both make more money, and so long as you don’t say it out loud, it isn’t collusion.
It became DIY while you weren’t looking. You have to make it yourself but they provide the supplies. Saves on cost cause now they only need 1-2 people at a time running the store.
They already knew these things, they just needed an excuse to not cause too much of an uproar. Egg prices went up by way too much too quickly that even the government, who rarely actually does anything about this sort of thing, started an investigation. Magically the prices dropped by a lot, but unfortunately still higher than it used to be.
This doesn’t tell the whole story. It seems like the aggregate cost of Kimberly Clark products fell by $75M. But perhaps the diapers did increase in cost? Further analysis is needed.
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Nah babies can live just fine with cloth diapers, they’ll just tell you to use those if you’re not motivated enough to hustle for bare essentials
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Diapers? Those babies should be shitting into their bootstraps.
Unless there is a way to pin it on Biden they aren’t interested in doing anything.
research “diaper inflation” for more
Huggies are not the only diapers.
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Antitrust? How quaint. Microsoft showed everyone that antitrust just means “drag out the process until you get a sycophant in office and saunter away with a slap on the wrist.”
Regulatory
Capture
Don’t worry the market will regulate itself. /s
They literally lock up the baby formula in a cage at my local grocery stores now. You know, so criminal scum with starving babies don’t pillage them.
If that doesn’t signal imminent collapse I don’t know what does.
That isn’t a sign of collapse. That just shows that the average retailer would let a baby starve than lose a dime. Its a reflection of the morality that these people have. But of course they never examine themselves deep enough to have that realisation.
There’s a drug store chain near me that has a sign, if you need formula and can’t afford it, they’ll let you have their brand generic formulas for free. You just bring it up to the desk, let them know and they’ll scan it and give it to you.
I think corporations learned some very dangerous lessons from the pandemic.
The demand for essential goods is inelastic. They can charge whatever and people still have to but things, especially food, household products, and a place to live.
They can understaff and underpay employees, and people will choose to fault people for laziness rather than the deliberate corporate choices that lead to the situation.
Corporations have built such a large market share so as to have created giant barriers to entry that there is zero competition from new businesses.
Even larger competitor corporations are happy to wink and nod as you both raise prices, cut staff, and give paltry raises because it just means you both make more money, and so long as you don’t say it out loud, it isn’t collusion.
Hey, I didn’t finish reading #2, but why isn’t my mocha latte ready yet?
It became DIY while you weren’t looking. You have to make it yourself but they provide the supplies. Saves on cost cause now they only need 1-2 people at a time running the store.
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They already knew these things, they just needed an excuse to not cause too much of an uproar. Egg prices went up by way too much too quickly that even the government, who rarely actually does anything about this sort of thing, started an investigation. Magically the prices dropped by a lot, but unfortunately still higher than it used to be.
This doesn’t tell the whole story. It seems like the aggregate cost of Kimberly Clark products fell by $75M. But perhaps the diapers did increase in cost? Further analysis is needed.
Employee wage increase? Or is that calculated in operating expenses?
OpEx includes all salaries.