BarterClub@sh.itjust.worksM to Antiwork@lemmy.worldEnglish · 10 months agoI'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu priceswww.businessinsider.comexternal-linkmessage-square107fedilinkarrow-up177arrow-down11
arrow-up176arrow-down1external-linkI'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu priceswww.businessinsider.comBarterClub@sh.itjust.worksM to Antiwork@lemmy.worldEnglish · 10 months agomessage-square107fedilink
minus-squareDamdy@lemmy.worldlinkfedilinkarrow-up1·10 months agoFor sure, record breaking profits never get passed on to the customer, if anything it pushes companies to see how much they can squeeze from nothing. But hard times always fall on the customer. Greed is evil.
minus-squareChocrates@lemmy.worldlinkfedilinkarrow-up1·10 months agoThe older I get the more I think that capitalism is incompatible with a moral society. I dont know what could replace it, but chasing “profit” has caused so much harm to our society.
minus-squaredoctorcrimson@lemmy.todaylinkfedilinkarrow-up1·edit-210 months agoIn fact the opposite is often true, such as when Huggies Diapers recently cut production costs and raised prices several years in a row.
For sure, record breaking profits never get passed on to the customer, if anything it pushes companies to see how much they can squeeze from nothing.
But hard times always fall on the customer.
Greed is evil.
The older I get the more I think that capitalism is incompatible with a moral society. I dont know what could replace it, but chasing “profit” has caused so much harm to our society.
In fact the opposite is often true, such as when Huggies Diapers recently cut production costs and raised prices several years in a row.