898
She has a point (lemmy.zip)
submitted 2 months ago by to c/whitepeopletwitter@sh.itjust.works
125 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 2 months ago (3 children)

This isn't really sustainable though. Regardless of how rich you are, you only really need 1, maybe 2 pillows. You can only get so many haircuts in a year. They do absolutely need the poors.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 1 point 2 months ago* (1 child)

    No, but you do, and guaranteed that as they buy up and shut down competitors they will squeeze you for everything you're worth over largely inelastic demands like pillows, or medicine, or soap...etc

    Also haircuts? Haircuts, unless we're really that deep in corporate hell, are between you and the barber/shop. Billionaires aren't cutting your hair, the person cutting your hair, the person who owns the salon or barbershop ever, is a peon just like you and me. Small business owners are in the same class as us.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 1 point 2 months ago

    That's increasingly not true. Local businesses barely exist anymore, soon your only option will be, like, great clips. Not sure what you mean about squeezing over inelastic demand. They can raise the prices of a pillow but they can't make a profit when only 1% of the population is buying pillows

  • permalink
  • fedilink
  • source
  • parent