• crashfrog
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    2 months ago

    Can you describe their “power over the economy”?

    • Clinicallydepressedpoochie@lemmy.worldOP
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      2 months ago

      Uhm. They control the price of things. They control wages. They control different markets, like the housing market. They control land development and energy. You know, things the economy relies on.

      • crashfrog
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        2 months ago

        How do they “control the price of things”? Or wages?

        • Maggoty@lemmy.world
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          2 months ago

          They raise the price and refuse wage increases. Are you not familiar with how a corporation works?

          • crashfrog
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            2 months ago

            Why hadn’t they raised them before? Why don’t they keep raising them until prices are at infinity?

            Why don’t they lower wages to zero, or negative?

            • Maggoty@lemmy.world
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              2 months ago

              They didn’t think they could get away with raising prices so far before. And they would pay us nothing if they could. Slavery showed us that.

              • crashfrog
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                2 months ago

                They didn’t think they could get away with raising prices so far before. And they would pay us nothing if they could.

                What does “get away” with it mean? Why can’t they pay us nothing?

                • Maggoty@lemmy.world
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                  2 months ago

                  Because we fought a war over it and made it illegal. And previously it was assumed price increases would drive customers away. But the monopoly power of corporations like Kroger’s had gone further than anyone thought.

                  • crashfrog
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                    2 months ago

                    Sorry, what are you talking about? What “war”? What was made illegal?