this post was submitted on 03 Apr 2024
1132 points (98.5% liked)
Political Memes
5506 readers
3716 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah. But for this it does...
Like, it's not some unknown phenomenon. Business owners pass the increased cost to consumers rather than lose profits.
And that price increase is realistic. Margins are slim in food, so the labor cost to double wages is still pennies, maybe a quarter per item.
Hell, knowing capitalism it also raise the profit too.
And people would be cool with that. We're already seeing prices go up more than this anyway. But if everyone's pay went up, we'd all buy more shit, and everyone would make more money.
Capitalism is failing because people with more money than they could ever spend still want more so they can say they have the most. The number doesn't matter, they just want everyone to have less than they do. So they don't even act in the best interest of the economy. If the poors have money, they might give it to another wealthy person, so they keep it hoarded so it stays with them.