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submitted 1 year ago by Mereo@lemmy.ca to c/canada@lemmy.ca

French supermarket Carrefour has put stickers on its shelves this week warning shoppers of "shrinkflation" - where packet contents are getting smaller while prices are not.

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[-] F04118F@feddit.nl 50 points 1 year ago

But it is unlikely that UK supermarkets would follow in Carrefour's footsteps, according to retail expert Ged Futter, because the strategy risks "poisoning" relationships between retailers and food firms. "This is a very blunt way of of trying to compete," he said. "To do that with your manufacturers, it won't help."

One of the many reasons why consumer and worker's rights are doomed in the Anglo-Saxon world: standing up for them is "rude"

[-] sab@kbin.social 26 points 1 year ago

The second capitalists gather together they are bound to conspire to fuck over ordinary folks.

That's not Marx - that's literally Adam Smith, the guy who hypothesized the invisible hand of the market that has since been turned into a complete strawman leading people to believe capitalism will somehow fix itself.

Spoiler: It won't.

[-] match@pawb.social 8 points 1 year ago

Which Adam Smith then follows by saying the craftspeople need to form guilds (unions) in response, which is the only scenario where the invisible hand approach could work

[-] sab@kbin.social 2 points 1 year ago

The invisible hand was really just mentioned once in relation to the dynamics of trade between states, the whole concept is just taken out of context.

[-] Rocket@lemmy.ca 2 points 1 year ago* (last edited 1 year ago)

Funny that he thought that the capitalists need to conspire. It turns out the ordinary folks will try to fuck over each other no matter what. The only workaround is for the ordinary folks to reach a "gentleman's agreement" to not try and fuck over each other (i.e. form a union), but that proves difficult as it means having to not fuck over each other while establishing the union โ€“ a cross too difficult for most ordinary people to bear.

[-] Rentlar@lemmy.ca 8 points 1 year ago

Yep. Way nicer to fuck over your customer instead. Everyone in the supply chain is happy until the end of it.

this post was submitted on 14 Sep 2023
352 points (99.7% liked)

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