• 0 Posts
  • 20 Comments
Joined 1 year ago
cake
Cake day: June 14th, 2023

help-circle


  • chonglibloodsport@lemmy.worldtoMemes@lemmy.mlAlso "parasite".
    link
    fedilink
    arrow-up
    4
    arrow-down
    1
    ·
    edit-2
    4 days ago

    There are millions of people in the U.S. whose wealth comes from the increase in the property value of their family home. This is unearned wealth.

    Of course, you’ll have a hard time convincing most people of that last bit. Which is why billionaires are the more popular enemy rather than the middle class.













  • I hate to spoil a good consciousness raising party but it’s still useful to understand why companies do this stuff:

    • raising prices leads to more backlash than anything else

    • when costs go up, wholesale prices (per unit of product) must go up to match or the product becomes unprofitable

    • redesigning the package to fit the smaller amount of product requires very expensive retooling whereas dialing down the amount of product is basically free

    You might say “why do they have to be profitable at all?” But then why would they even bother making the product if they weren’t?