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FoxNewsSucks

(11,351 posts)
13. That's exactly the problem.
Sun Nov 6, 2022, 12:30 PM
Nov 2022

Don't like the price hikes at Olive Garden? They don't give a shit if you go across the street, the same capital fund group owns that On The Border or whatever other chain is there too.

Don't like the lousy customer service and high prices at Kroger-owned stores? Nowhere else to go but Walmart which is equally shitty.

Room rate too high at that Holiday Inn? Too bad, nearly all corporate chain hotels with various names are owned by a small number of owning entities. You might think you are sticking it to them by going next door to save $3, but they don't care as they own that hotel too and its prices are also too high.

Every single industry has been taken over by a handful of owners, and in some cases actual monopoly.

They generally operate acquired groups under the previous name. Many intersections have three "different" gas stations, yet there is no real choice because they are all owned by the same company.

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This is an important point PSPS Nov 2022 #1
Robert Reich is once again Spot on. He is an American treasure. Hell he is Humanity's Treasure. nt Tommymac Nov 2022 #2
THIS!! SoCalDavidS Nov 2022 #3
RR nails it again. Excellent advocate & communicator, The Best. appalachiablue Nov 2022 #8
Oligarchs run everything. No competition in the marketplace. SharonAnn Nov 2022 #18
Turn the table on the cons Dirty Socialist Nov 2022 #4
Winners picking and choosing who the losers are is how they like it. czarjak Nov 2022 #37
Yup. Joinfortmill Nov 2022 #5
Corporatocracy is here to stay. NoMoreRepugs Nov 2022 #6
In his book Wealth of Nations, Adam Smith multigraincracker Nov 2022 #7
This is a huge issue BlueIdaho Nov 2022 #9
Don't do anything about monopolies.... AZSkiffyGeek Nov 2022 #11
Corporations are immortal FoxNewsSucks Nov 2022 #15
These are small potatoes. BlueIdaho Nov 2022 #16
Safeway is already owned by Albertsons AZSkiffyGeek Nov 2022 #21
I mentioned Safeways... BlueIdaho Nov 2022 #27
Bingo. We're just as guilty. paleotn Nov 2022 #14
So true! BlueIdaho Nov 2022 #22
I first heard about the dangers of monopolization when I was in fifth grade tavernier Nov 2022 #10
That acorn you saw as a kid now has roots that are tearing down your house. Hermit-The-Prog Nov 2022 #24
Antitrust cases in America the last 30 years have been "window dressing" and nothing more. paleotn Nov 2022 #12
That's exactly the problem. FoxNewsSucks Nov 2022 #13
You know I don't like going to "Walmart.", but their prices are low. Stuart G Nov 2022 #17
Try Aldi's. Great quality and better proces. SharonAnn Nov 2022 #19
Monopoly is the stage of advanced capitalism. ancianita Nov 2022 #20
American Airlines, for example .. Bo Zarts Nov 2022 #23
Universal Healthcare would go a long way to reverse this by allowing the TeamProg Nov 2022 #25
and there's the underlying bullshit of unregulated capitalism - greed abrogates trust bringthePaine Nov 2022 #26
Maybe the core problem is campaign finance deregulation over many decades. NullTuples Nov 2022 #28
I like this posting republianmushroom Nov 2022 #29
I wish the people who are voting for Republicans because of inflation understood this. milestogo Nov 2022 #31
Kick dalton99a Nov 2022 #30
We broke up Ma Bell. ChazInAz Nov 2022 #32
Big food corporations have market share dominance. milestogo Nov 2022 #33
Two points NJCher Nov 2022 #34
People who live in smaller spaces and depend on transit LisaM Nov 2022 #42
a year's supply of cartridges NJCher Nov 2022 #46
We are back to the time of Robber Barons. Irish_Dem Nov 2022 #35
Whenever I drive across Texas or even British Columbia,Canada it's the same flying_wahini Nov 2022 #36
Will they ever stop? moondust Nov 2022 #38
I've been railing BigOleDummy Nov 2022 #39
This is fact. MLAA Nov 2022 #40
Which industries are Reich claiming as being controlled by monopolies? Just A Box Of Rain Nov 2022 #41
Which aren't? rubbersole Nov 2022 #43
I guess it is useless to ask again, which industries are monopolies according to Reich? Just A Box Of Rain Nov 2022 #45
It doesn't say in the tweet. milestogo Nov 2022 #47
Haven't found any. Just A Box Of Rain Nov 2022 #48
Snack today chips and Pepsi: $4.77. Each over $2. live love laugh Nov 2022 #44
Fairly sure Pepsi don't have a monopoly on unhealthful soda drinks. Just A Box Of Rain Nov 2022 #49
Pepsico is enormous. milestogo Nov 2022 #50
Yes, but enormous and monopolistic are not the same things in economic terms. Just A Box Of Rain Nov 2022 #51
Corporations have spent a century in finding ways to circumvent anti-trust laws. Xolodno Nov 2022 #52
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