this post was submitted on 03 Jan 2024
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[–] TransplantedSconie@lemm.ee 91 points 10 months ago (4 children)

Replace "inflation" with corporate greed to understand the true problem.

[–] cyborganism@lemmy.ca 26 points 10 months ago (1 children)

They've lobbied they way into creating a system there they have practically no bounds.

I mean, they even found a way around human rights and labor laws with prison slave work and even getting laws signed in some states in favor of child labor in the US. And that's only in the US. In some other countries where manufacturing was moved there are literal slaves and children doing the work.

Then there's the whole enshittification where they change the ingredients or the process to use the least material as possible to cut costs, selling food that barely passes for food and products that fall apart and break faster. Or hell, even have services now provided by some stupid AI. Oh and they also slightly reduce the amount per packaging as well thinking we won't notice.

Then after they turn around and charge big bucks for that crap. It's shameful. But they got the governments in their pocket.

[–] NounsAndWords@lemmy.world 7 points 10 months ago

I mean, they even found a way around human rights and labor laws with prison slave work

"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction." (emphasis added)

I don't think they really "found a way" around it insomuch as they explicitly continued to allow it in the text of the 13th Amendment. It's not a bug, it's a feature!

[–] sethw@kbin.social 16 points 10 months ago* (last edited 10 months ago) (1 children)

even that doesnt tell the story well enough, blaming "corporate greed" is too impersonal. corporations are made up of flesh and blood real people making conscious choices that help themselves and hurt others. the greed is human and the humans have names, THEY are collectively AND INDIVIDUALLY responsible.

[–] wafflez@lemmy.world 2 points 10 months ago

True. And government inflation does directly put money into banks, leading to more corporate profits