2 ms·
Far from nonsense. Oil is controlled by a global cartel. Everything in your supermarket is made by "brands" owned by a handful of companies, produced from raw m
by Arn_Thor 4y ago
Far from nonsense. Oil is controlled by a global cartel. Everything in your supermarket is made by "brands" owned by a handful of companies, produced from raw materials made usually by a handful of producers. They've each carved up the world between them and sit on unprecedented pricing power. How is the US food market competitive? I also note you didn't actually challenge the fact that US corporate profits rose after the pandemic, with fatter margins despite rising costs.