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.
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.
Can you describe their “power over the economy”?
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.
How do they “control the price of things”? Or wages?
They raise the price and refuse wage increases. Are you not familiar with how a corporation works?
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?
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.
What does “get away” with it mean? Why can’t they pay us nothing?
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.
Sorry, what are you talking about? What “war”? What was made illegal?
… they sit on the board of the major companies and say, “we need to raise prices.” Or “we need to decrease wages.”
And then it happens why?