7 ms·
> Degrowth/anti-capitalism are popular to many but even among this subset of people they are very upset (as we have seen) when prices of things go up slightly.
by ToucanLoucan 3y ago
> Degrowth/anti-capitalism are popular to many but even among this subset of people they are very upset (as we have seen) when prices of things go up slightly.
Citation: trust me dude
I don't really recall getting upset at prices of things going up unless I perceive that the price change has no correlation to the value delivered. I get angry when my cable internet bill would go up $20 every quarter because they were selling me the same (terrible) service still, for a higher price. Just helping themselves to a larger portion of my monthly income while delivering the exact same product.
Or you have the even worse version of that, streaming services that raise their prices, as they're removing content from their libraries.
Conversely, I've personally known tons of people who buy higher priced products for the perceived value they gain. That's an utterly normal thing.
- pavel_lishin 3y agoI'm sorry for throwing more anecdotes into the barrel, but our local Facebook groups absolutely lose their shit when things go up in price (or are perceived to go up in price.) Things like fast food places upping the price of a burger, or grocery stores charging a dollar more for eggs than last year, are certainly noticed. (And honestly, for people on a fixed/limited income, food prices going up are probably a fairly reasonable thing to be upset about!)
- ToucanLoucan 3y agoI mean companies gouging on the prices of every day goods under bullshit "inflation" excuses is a hot topic right now, and deservedly so I feel. It's hard to take their cries of "we can't help it!" as seemingly every major corporation is reporting record profits constantly. Irrespective of the larger economic forces at play there, if you're simultaneously whining about how you need to raise your prices because everything is expensive, or worse still, doing it because your laborers are demanding better wages, while not paying said wages and charging more and then posting record profits? I think people have every right to call your price rises bullshit.