BarterClubM to [email protected]English • 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.commessage-square48fedilinkarrow-up13 cross-posted to: [email protected]
arrow-up13external-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.comBarterClubM to [email protected]English • 10 months agomessage-square48fedilink cross-posted to: [email protected]
minus-square@[email protected]linkfedilink1•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-square@[email protected]linkfedilink1•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-square@[email protected]linkfedilink1•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.