▲ 689 ▼ Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows (www.theguardian.com) submitted 2 years ago by kpw@kbin.social to c/news@lemmy.world 69 comments fedilink hide all child comments Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
[–] ManicZed@lemmy.world 64 points 2 years ago (2 children) Inflation roughly averages 8% over the last couple years. The price of milk has gone up 300%. These are not the same. permalink fedilink source hideshow 4 child comments replies: [–] Drusas@kbin.social 24 points 2 years ago (3 children) To be fair, milk specifically should cost a lot more than it does because our dairy agricultural system is disgustingly abusive to cattle. permalink fedilink source parent hideshow 6 child comments replies: [–] CyanFen@lemmy.one 34 points 2 years ago It's also heavily subsidized permalink fedilink source parent [–] Armand11@lemmy.world 8 points 2 years ago They’re subsidized heavily which keeps consumer costs down, but not sure why that should also lead to abusing treatment permalink fedilink source parent [–] dumpsterlid@lemmy.world 4 points 2 years ago* is disgustingly abusive to cattle. Also to humans. I am pretty sure there is no minimum wage law in dairy in the US. permalink fedilink source parent [–] Alexstarfire@lemmy.world 1 point 2 years ago I don't have receipts to prove it but I don't think the price of milk has changed all that much. I just got a gallon for like $2.70. Earliest receipt I can find is from Feb of last year and I actually paid a bit more. permalink fedilink source parent
[–] Drusas@kbin.social 24 points 2 years ago (3 children) To be fair, milk specifically should cost a lot more than it does because our dairy agricultural system is disgustingly abusive to cattle. permalink fedilink source parent hideshow 6 child comments replies: [–] CyanFen@lemmy.one 34 points 2 years ago It's also heavily subsidized permalink fedilink source parent [–] Armand11@lemmy.world 8 points 2 years ago They’re subsidized heavily which keeps consumer costs down, but not sure why that should also lead to abusing treatment permalink fedilink source parent [–] dumpsterlid@lemmy.world 4 points 2 years ago* is disgustingly abusive to cattle. Also to humans. I am pretty sure there is no minimum wage law in dairy in the US. permalink fedilink source parent
[–] CyanFen@lemmy.one 34 points 2 years ago It's also heavily subsidized permalink fedilink source parent
[–] Armand11@lemmy.world 8 points 2 years ago They’re subsidized heavily which keeps consumer costs down, but not sure why that should also lead to abusing treatment permalink fedilink source parent
[–] dumpsterlid@lemmy.world 4 points 2 years ago* is disgustingly abusive to cattle. Also to humans. I am pretty sure there is no minimum wage law in dairy in the US. permalink fedilink source parent
[–] Alexstarfire@lemmy.world 1 point 2 years ago I don't have receipts to prove it but I don't think the price of milk has changed all that much. I just got a gallon for like $2.70. Earliest receipt I can find is from Feb of last year and I actually paid a bit more. permalink fedilink source parent