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People stealing raises prices. Corporations price gouging for no reason raises prices. Under capitalism, shouldn't there be new grocery stores coming in to unde
by 1270018080 4y ago
People stealing raises prices. Corporations price gouging for no reason raises prices. Under capitalism, shouldn't there be new grocery stores coming in to undercut existing ones? Why isn't that happening? Seems like the only solution.
We definitely don't want "rent controls" on food prices, I'd like to avoid mass famine.
- throw_m239339 4y ago> Under capitalism, shouldn't there be new grocery stores coming in to undercut existing ones? Under capitalism, why would anybody want to open a grocery store wherever people steal massively?
- 1270018080 4y agoThe key point I am making, and what the article seems to imply, is that people would steal less if food was more affordable. And corporations are still raking in record profits so there is still a surplus.
- ohCh6zos 4y agoAnything that reduces societal trust raises prices. Security guards and anti-theft systems have costs.
- sp332 4y agoBarriers to entry are quite high right now. Property prices are up, transportation costs are just coming down lately, wages are up on average. When costs went up, the ones most willing to raise prices were able to build capital and buy out the rest.