like I went to taco bell and they didn’t even have napkins out. they had the other stuff just no napkins, I assume because some fucking ghoul noticed people liked taking them for their cars so now we just don’t get napkins! so they can save $100 per quarter rather than provide the barest minimum quality of life features.
That’s the end result of a capitalist system once corporations have superseded governments in power. It will only get worse.
Yeah, we may be at checkmate. Unlike the end of the age of the robber barons, when we reformed capitalism in the late 1800s / early 1900s in the US… this time the capitalists have purchased enough politicians to stop reform completely and forever.
What’s funny is that this is entirely unsustainable. If they were in any way a real “capitalist” they would realize that the creeping authoritarianism they’re pushing destroys economies long-term. They’re laughing all the way to the bank right now because they’re not concerned with the future.
However, they should be, because this House of Cards can easily collapse with the right push. They literally can’t see past the profits at the end of the next quarter.
They literally can’t imagine that all of them choosing to undermine capitalist principles at the same time will result in capitalism failing completely. The only reason it even functioned as well as it did for so long was 1. regulation and 2. raping the third world for resources.
I mean, I’m a fucking leftist, and it makes me feel like I’m taking crazy pills that things are so far gone that I’m actually arguing “if we’re going to do capitalism, we may as well do it in a way that it actually functions properly” as if that is a fucking fringe idea here.
The wheels are about to fly off this fuckin turkey.
Yep! And their short-sighted greed is going to drive us right to the brink of annihilation. We’re staring down the barrel of environmental collapse and our leaders are generally either old enough they assume they’ll die before it gets “that bad,” and the others stupidly think money makes them immune to the destruction of the biosphere. Anyone under 50 right now is going to live through some incredibly dark times. We are all dogs in a car with the windows closed and the heater on in a Texas parking lot. Business as usual is going to get really ugly, really quickly, really soon.
The car’s on fire and there’s no driver at the wheel
And the sewers are all muddied with a thousand lonely suicides
And a dark wind blows
The government is corrupt
And we’re on so many drugs
With the radio on and the curtains drawn
We’re trapped in the belly of this horrible machine
And the machine is bleeding to death
The sun has fallen down
And the billboards are all leering
And the flags are all dead at the top of their poles
It went like this:
The buildings tumbled in on themselves
Mothers clutching babies picked through the rubble
And pulled out their hair
The skyline was beautiful on fire
All twisted metal stretching upwards
Everything washed in a thin orange haze
I said: "kiss me, you’re beautiful -
These are truly the last days"
You grabbed my hand and we fell into it
Like a daydream or a fever
We woke up one morning and fell a little further down -
For sure it’s the valley of death
I open up my wallet
And it’s full of blood
We are all dogs in a car with the windows closed and the heater on in a Texas parking lot.
except you are human and not a dog and you could take care of the problem with any kind of weapon but you chose not to do anything out of convenience
I wish this were true but good guys with guns are pretty easily stopped by megacorps with security staff
And the politicians with police.
number of people in the world > megacorps and security stuff
Sure, but that’s not the end stage of the thought experiment. It’s not really even the start. How exactly is this larger group of people supposed to enact any viable change? I think we could agree that seems unlikely to be possible in an unorganized/uncoordinated manner. The solution to that is to get organized and coordinate, right?
Well what does that look like? That could take nearly as many forms as people you ask to agree - so you’d need an idea that enough people would fall behind to still out number. Once that is achieved… What? If the goal of the burgeoning group is violent revolution, they won’t get very far into the planning phase before being scooped up by security forces in some form or another. If the goal is nonviolent revolution, such as refusal to work, the system is constructed in such a way that those you would need to participate have a lot to lose, and little ability to withstand a protected protest/encounter/whatever, vs, presumably, a group that could easily outlast all of those things, as well as their children, and their children’s children.
That’s not to say nothing can work, but I think it might be just a bit reductive to suggest that things are as simple as suggesting it is total apathy in those who would need to unite to accomplish these goals that explains why the goals aren’t striven towards.
Unfortunately their house of cards is built on a foundation of wealth…and not just fuck you money, but literal centuries of fuck you money.
The fortune 50 I worked for could literally stop doing all business and maintain their current spend for a century and still be solvent.
This isn’t unstable at all…it’s built to last for 100s of years…the current leaders to their grandkids will be safe.
To further that…the 1% have private armies and well stocked bunkers to ride out any social uprising. That’s the really scary stuff.
We are all fucked though. Enjoy the hunger games.
That’s the thing, though, they don’t care about the future. They only want to maximize today’s profits.
Tomorrow is someone else’s problem.
I don’t know how to solve this problem without a massive peiod of hardship for everyone until the societal parasites finally feel the pain , but the cause is pretty obvious.
what future?? why would they think of anything long term?
they are cashing in while earth can still support human life.
Money can be an addiction. billionares are basically junkies with mental problems, do not expect them to follow any sense or logic
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we may as well do it in a way that it actually functions properly" as if that is a fucking fringe idea here
Yes, CIA, this post right here.
Uh, didn’t the rich rather famously buy political influence back then as well?
Yes, but not at the same scale. They’ve become masters at it in the modern age.
I dunno, from what I’ve read about political machines in the gilded age it was really just as bad back then.
People worked 12 hour shifts 6 days a week back then with no minimum wage. A lot of people lived in company towns and didn’t even get paid in real money. Child labor was legal and widespread, although some shit hole states are getting back to that.
Things are bad now but anyone who thinks it’s as bad as it was in the gilded age is either delusional or extremely ignorant. There’s a reason the progressive era happened, people were pushed beyond their limits and propaganda couldn’t make up for that anymore.
It helps that the field of psychology has come a long way, and it helps further that being a psychologist to help people pays peanuts, but being a psychologist who helps write ad campaigns to make sure the ads have the most psychological impact pressuring people to buy pays big bucks.
Only 45 upvotes, Lemmy be slipping.
We’re slowly hemorrhaging users. Pretty much all of us upvoted it.
I have noticed. Imma post even harder now. /s
POST HARDER!
(I’ve been posting hard for a while. It gets a bit dispiriting tbh)
I mean, hypothetically. That is the end result of the neoliberal, or late capitalism economic philosophy if applied on a model. But economic systems in practice are never the philosophy, and are only there in the first place to support the governance of a nation state. I spend half my time in Italy, for example, where the laws protect both the big international brands and the mom and pop shops.
My point is that we are the citizens that make up the government that designs the governance rules for our nation-state. Capitalism is not a government, or people, or the entire story when it comes to commerce and trade systems. We can shape it and use it, like any other framework.
Likewise, regardless of your economic system, greedy people will try to accumulate power, bend the rules to benefit themselves, and extend those benefits across borders if they can. Powerful egos will warp people and rules around them like gravity. All governance systems that strive to be just, collaborative and promote the quality of life of all its citizens have to both put strong rules in place to check the power-hungry, and constantly monitor and adapt to keep them in check.
“…we are the citizens that make up the government that designs the governance rules for our nation-state.”
No we’re not. We only have the illusion of control where we are allowed to vote on how to tinker with the outer edges of a system that is in reality controlled by 0.1% of the population.
Certainly the end result of financialised capital.
You load 16 tons, what do you get?
Another day older and deeper in debt
St. Peter, don’t you call me 'cause I can’t go
I owe my soul to the company store
Much as I love that song, it doesn’t really apply to the OP question, which is more about companies exploiting their customers rather than their workers.
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And at least in food, it’s the same eight companies that own everything…
In a lot of towns your only grocery option is Walmart, unless you wanna drive 1+ hours. In small towns/villages you might only have a dollar general within that distance. Large corporation slaughter small businesses when they move in.
It’s true, but it’s also because small businesses often suck and exploit their communities, so people just stop shopping there when they have better options.
I’m not sure why so many people have rose colored glasses on for mom and pop stores, but they are just run by people trying to make a profit off of a community same as anyone else.
Some are, some aren’t. Just like how some large corporations do things way more ethically than others. It’s wrong to say that Valve is as evil as Eli Lilly because the former cares much more about consumers, and the latter cares way more about margins. Within my local community, I’ve seen a much higher proportion of businesses that try their best to serve their community, but just like every other business, a good portion just does not care. My theory is that most communities are similar, so mom and pops get a much better rep than large companies.
See also The Walmart effect
Workers are consumers.
That is what people miss. This is “the system”. It starts and ends with government and “we” chose this (I’m Canadian, we have similar issues but not as extreme, yet).
By continually voting in sociopathic narcissistic social climbers as both public and private sector policy makers (think of shareholders and corporate governance boards) we ensure the system is rigged for the top dogs.
The truth is the system could work in the average person’s favour very easily but it would mean limiting some personal freedoms; mostly of very, very rich people. It also would require the average person to get off the “everyone is exploiting me, so I need to do that to them first” treadmill.
Many people have never been on that treadmill (never had the chance or donate excess income or time to local food banks, etc).
The very, very rich don’t care. They simply maximize the profit in any situation. Put them in prison and they’ll give out legal advice for cigarettes and turn that into a burner phone they use to call their Cayman Islands broker.
It’s the upper/upper-middle people who will feel the pain as income is redistributed to poverty stricken people. And if we just impose ubi without fixing the “CEO problem” it will simply lead to inflation. Sucess of ubi programs is entirely due to it happening in a local market. Expand globally without fixing capitalism and you get inflation.
A socialist approach that still allows significant room for upwrd mobility (e.g. CEO can make up to 10x minimum wage, as a non-expert guess) with some type of employee representation on the board of large businesses (state imposed labour union) would probably do it.
Then make ubi contingent on minor public service with free daycare that you can use when performing said services (exception if you have more than 2 kids under 12, or are disabled in some way) say two days a week (networking, activity, build resume) would be a brainstorming idea to workshop.
That’s how our economy works, how it’s always worked. Get on the hamster wheel and don’t stop for 45 years but take breaks to spend what little money have to keep you in enough debt to stay on the hamster wheel for 45 years.
And it seems that “our corporate masters” don’t understand that underpaid or laid off people don’t have the purchasing power to buy more stuff.
In their relentless pursuit of profits, they are killing off the ability of people to be customers.
Just give em a subscription then!
They don’t even give them 50% of meals anymore, for a full shift.
I think what this comment is trying to say is that we’re headed towards an age that resembles what that song talks about: An age of unfettered capitalism, with a small number of corporation owning so much of the market that they can do what they want with no repercussions.
Okay but that song is from like a century ago and mostly things haven’t changed much in that time. Certainly we don’t have company stores/scrip anymore, but the grim outlook that song has on the world is still fairly accurate.
the song is about debt bondage from last century lol look up Company Towns
16 napkins
the song was about company towns where the laborers were paid in store credit instead of wages. you’d work, but never pay off debts, since it all went back to the companies who set the prices for everything you buy, and so they were able to keep you on a tight leash.
That’s how it feels like things are going now. a few companies own everything, pay our wages, and set our prices. we cannot get ahead.
I love Joe Vs. The Volcano (where this song is featured) because it really encapsulates the idea of the song.
Huggies went up in price, but their cost of manufacturing actually went down.
It’s got nothing to do with profit margins, it’s just pure greed. Also, the law requires that publicly traded companies be greedy.
Also, the law requires that publicly traded companies be greedy
The law doesn’t actually state you need screw over your customers and maximize profit. It says that executives have a fiduciary duty, which means they must act in the best interest of the shareholder, not themselves.
That does not mean they have to suck out every single dollar of profit. Executives have some leeway in this and can very easily explain that napkins lead to happier customers and longer term retention which means long term profits.
It’s purely a short-term, wall street driven, behavior also driven by executive pay being also based in stock so they’re incentivized to drive up the price over the next quarter so they can cash out.
Yeah sure, but then you could also say the same about a private business. The CEO works for the business owner, whether the owner is private or public stockholders.
But the reality is that publicly traded companies end up being far more greedy and profit driven than private businesses. In particular, the greedy private businesses tend to taget an IPO, while the more conscientious ones remain private.
How does the law require them to be greedy?
I just assumed that it was shareholders.
Maybe not an exact law to be greedy but aren’t they legally responsible for acting in the interest of the shareholders not the consumer
Not technically a “law”…
“The shareholder wealth maximization doctrine requires public corporations to pursue a single purpose to the exclusion of all others: increase the wealth of shareholders by increasing the value of their shares. However, a company should be committed to enhance shareholder value and comply with all regulations and laws that govern shareholder’s rights.”
The" however… " part is largely ignored, except for when it benefits shareholders.
The “however” part you quoted explicitly mentions following the rights of shareholders. From what you described, there’s literally nothing else in the doctrine to ignore.
Yeah, your right. I guess I got to the part where it said “comply with regulations and laws” and laughed through the rest.
nothing to do with profit margins, it’s just pure greed
???
Maybe I should have said “it’s nothing to do with maintaining profit margins” against rising costs.
Gotcha, that makes sense.
in dodge v ford the supreme court ruled that publicly traded companies must put profits first above their workers and the the build quality of their products.
That’s a bad take. The case actually affirmed business judgement rule: the idea that the guy running the company knows how to run it better than the shareholders. It’s part of why post-war America is considered the golden age of American manufacturing: Publicly traded companies invested in their employees and wages exploded across the board. A 100 year old court decision isn’t the primary driver on a problem that’s really only developed in the last forty or fifty years.
Jack Welch of GE really set the current tone of “all that matters is stock price”. The 80s saw greed transform into a virtue
There’s a great behind the bastards podcast episode about this guy!
I think it’s come about due to the state of universities and the stringent belief that a pursuit of knowledge above all else would somehow land you a good job. You’ve got to want to do the job or genuinely enjoy the work first.
Just consider that the same people in the Middle East who are matchmakers and run big data collection corps also run the whole breakups shake up.
Interesting…
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Unregulated capitalism.
I cant wait to be arrested for not noticing the napkin dispenser is empty fast enough
there wasn’t even a dispenser lol felt like i was going crazy
I’m incredulous.
You’re right in that taco bell wants to maximise profits, but surely the provision of napkins allows them to produce more profit.
I mean a lot of companies are doing a lot of shitty things worthy of criticism, but I don’t think that this is one of them.
Yes… capitalism…and not consumers who just don’t care.
You’re gonna get a lot of downvotes but people really are too pacified by binge watching Survivor while scrolling through TikTok. People don’t get angry about the shit that matters, not when it’s much easier to be angrier about Star Wars not being good anymore.
This is by far the biggest problem - most people don’t put up with that shit and will publicly murder a company that tries it on.
It’s just this one country, you know, the one with the guns, that rolls over to get their bellies scratched when the billionaires come knocking
The billionaires are just like us folks, they drive honda civics and sleep in 50k tiny homes next to their rockets.
Not even that, just a government that doesn’t care.
My satellite TV (Sky TV … UK) subscription ended recently and they would not give me any sort of deal to sign a new contract, Come black Friday they a spamming me by email and every type of advert for great deals for NEW Customers only!
I called SKY to cancel and they offered me a better deal but we’re going to charge me an admin fee to sign a new contract, they wanted me to pay them to sign a contract with them!
I told them that it was not acceptable and cancel my service, having been put through to “my manager” they eventually waived the admin fee…
How has it come to this, I’m an easy customer, I am happy with the product, I’ll sign a contract if it’s a good deal, but they went out of their way to lose me
Absolutely terrible news bro I feel for you.
Because you won’t do anything to hurt their bottom line, basically.
Stop eating at Taco Bell and make your own damn tacos at home. Better yet, go buy some from a family-owned taco truck instead.
Yeah, I don’t eat at Taco Bell when I’m in the mood for tacos from a street truck. It’s like two entirely different types of food.
There is Mexican food, there’s Tex Mex, then there is Taco Bell. They’re not really all comparable 1:1:1. I love me an al pastor taco from a truck, but some days I’m not in the mood for a real taco but rather the ersatz tacos they have at Taco Bell.
See my stoned Canadian ass doesnt have any taco trucks nearby, but the bell is always there
(but I gotta agree its far from authentic, its like a good smoked burger vs bigmac)
That’s a shame. I live in an area where I have access to authentic food of so many different ethnicities, and it is wonderful.
I can’t imagine how boring life would be without multiculturalism.
Extra points for ersatz
I have taco tortillas. What do I put inside? Any good recipes?
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Taco trucks are so good right now. They’re not wasting money on unused dining room space so lots of meat!
This individualist approach simply does not work in practice as has been demonstrated time and again. The problem is a systemic one created by the mechanics and incentives of the capitalist economy. The solution is to work towards an economic system that doesn’t create perverse incentives inherent in capitalism.
So don’t shop there! They’ll do the bare minimum that still brings people in; the only remedy is to show them they’ll lose customers.
Wile this is something that can be generally applied to fast food restaurants, this is a problem with basically all industries, many of which exist in a space where their customers are stuck with them. EG a lot of people are stuck with walmart because they are often literally the only place around or the only place around people on the lower half of income can afford.
Same with those dollar stores. They come into poor areas and drive out the small local grocers, then you get a worse product and it’s your only choice.
Yes, they also work in a fashion where they don’t truly step on the toes of walmart, lest they also be crushed.
For the masses Dollar General is not a dollar store. That place blows.
Dollar Tree is the closest large chain that still adheres to cheap as fuck goods but the quality is super shit as expected often with quantity reduced to essentially match regular goods when bought in bulk anyway.
Family Dollar next best with discounts but not great.
Dollar General is often more expensive than regular stores.
I’m in Canada. I’d love to be able to say I can totally ditch Maxi or Super C and stop supporting Loblaws and the Weston family, or Metro or Sobeys, but that would mean choosing either buying shittier produce from one of the large discount alternatives (Walmart, Super C, or similar) meaning I’d be encouraging another of those large super vertically integrated grocery chains that are driving up cost regardless, or accepting to pay 1.5x the price for all of my groceries.
Fresh produce I can get for not too expensive from farmer’s markets while in season, but for the rest, I have to choose between expensive local grocery, expensive grocery chain, or budget grocery chains that are owned by one of the expensive chains anyway.
It’s past Thanksgiving and I don’t even celebrate it, but I’m so fucking thankful to live in a European suburb. There is a small general store just down the street, two bakeries, a butcher, a car mechanic, a tire service shop, a bike service shop, two schools, two playgrounds, and too many smaller businesses to count. All within ten minutes on foot. Also three stops for six bus lines, safe sidewalks, and safe bicycle paths, so basically /c/fuckcars’s wet dream.
My local grocery chain is a lot better quality than Walmart in some respects. But, the price tag is usually much steeper. Thank God for Aldi’s.
I like to support the little guy when possible but when it makes your monthly grocery bill $1,200 instead of $900, that’s a tough pill to swallow. That $300 wouldn’t necessarily break the bank for me but it’s a lot of money to a lot of people.This is also a big reason that many Americans have poor nutrition. Processed junk food is cheaper than healthy food. Presenting better lifestyle or diet “choices” is an illusion when you have to have money to make those choices.
Even they are pricy, once the competition is quashed.
More importantly, don’t work there. Giving your labor to these businesses is just as bad, if not worse as spending your money there.
These are both really easy sentiments to have. In the real world, we eat the food we can afford and work wherever will hire us.
100% this. Lots of people don’t have options.
This is why we need UBI stat if we want to reverse this trend. People everywhere are being backed into corners by the unaffordability of everything and their desperation is being exploited by places like Taco Bell, Dollar General, Walmart, Amazon and is effectively forcing people to panhandle and do crime. By having the leeway to look past how the heck you’re going to feed and take care of yourself and people close to you, it opens up opportunities that the middle class takes for granted and things that weren’t even a question to the upper and elite classes.
“the food we can afford” is not descriptive of Taco Bell
Dude. Have you been to taco bell? You can get a well over 2000 calorie meal for like $15
The problem then becomes a lack of shelter, in addition to quality clothing and quality food.
those greedy bastard taco bell employees
Because your rights have been eroded by decades of deregulation and lobbying. And because publicly traded companies are legally required to maximize profits at all costs.
We’re in a modern gilded age. There are no consequences for modern day robber barons.
To add to this – Cory Doctorow, the very guy who coined the term “enshittification,” has written about this. (Been meaning to read some of his books to see his explanations on how to fight it but I’m still getting through another book right now so I’ve only seen vids and read a sample.)
Because the corporations write the rules. Literally; laws are written by corps and presented to lawmakers along with “gifts” and “campaign donations” - and implicit quid pro quo. They then present them to be voted upon, sometimes without even bothering to read them.
Exactly that. We are run by corporations more so than our elected officials. A lot of people fail to fully understand this fact. Corporations and capitalism is the answer to why everything sucks.
And no matter how well documented it is, people just go “nuh uh” and call you a socialist if you bring it up.
I’m with you, OP: for some reason, it’s the little things I notice.
I’m in grocery stores a lot. It used to be, there was a nice little seating area there to sit, drink my coffee and work. But now, because homeless people dared to duck inside a public-facing area to briefly escape the elements, they removed many of the tables and chairs and they’re now a big, empty space. Heaven forbid they add more seating, actually staff enough people to enforce a time-limit, etc; no, instead we all are worse off for it. But corporate profits have never been higher, so worth it, right!?
Take a trip to PA, all the grocery and convenience stores have added seating areas so that they can legally sell beer and wine lmao.
They piloted this in Nashville at Kroger and something changed for them to turn around and remove them.
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We’ve let our companies grow too large, giving them the ability to put the screws on us. Also competition isn’t really happening in many fields, as ask the companies are owned by pretty much the same people.
Why do you think there isn’t more competition? I was wondering if it was too much red tape/legal risk to start up a business. Everyone is saying how greedy these companies are, so they must be charging way more than a fair price, which means an average Joe should be able to step in and provide the same stuff for a fair price.
Competition goes way down when all the different companies are owned by a very small set of huge companies. And for these companies it’s easy to setup cartels and just simply not compete and jack up the prices. Competition happens when the companies must make a profit or die, not when conglomerates can trust that they’re the only game in town.
The Average Joe rarely has enough capital to start a promising enterprise and when they do manage to, they get bought up by the very same corporations they were trying to compete against.
We’ve reached a point where corpos can just buy out the competition and do whatever they please to it.
And it’s not even a greed issue, really. The system is kill or be killed, a corporation that doesn’t do this sort of shady thing won’t make as much money and will be bought out by others that do.
We have to change the rules of the game.
Theres a few problems
- Companies trying to maximize profits
- Corrupt political systems lets companies exploit their workers and customers alike
- Supply chains have been getting disrupted more and more. “Just in time” and getting “just enough” supplies no longer works well. A lot of stuff gets delayed or out of stock
- We expect unlimited resources on a finite planet. Whether its plastic junk, useless tech, or food we expect it to be available 24/7/365
A big one that you missed is
It’s socially acceptable and even encouraged for companies to fuck their customers. People assume that not being fucked over by a company means that company isn’t doing well.
