You're basing that off of one of their highest profit quarters ever. 3X the average profit last year. Also, once you remove the profit incentive and kill the d

You're basing that off of one of their highest profit quarters ever. 3X the average profit last year. Also, once you remove the profit incentive and kill the dividend (which goes into the world's pension funds via the public market), investors will no longer invest in the company. Being a capital starved business with insanely high COGS is a recipe for collapse the minute you have a downturn. And you'll probably say, "good! then the mom-and-pop stores will come back!" But the mom-and-pop stores, while aesthetically more pleasing to the elite, are in fact a far less efficient way to distribute food product so that would actually dramatically raise prices for consumers and decrease salaries & quality of life in many rural areas. Turns out things are the way they are for a reason, and there's no grand conspiracy keeping people down.