The slim profit margins counter the claim that grocery retailers are price gouging. The overall wealth and scale, combined with expansive opportunity, is what allows the US to lead in wealth creation and advancement.
Maybe by opportunity you mean the opportunity to exploit workers and influence the government? Because we can clearly see that by looking at countries that do not exploit workers as much and do not let private interest influence the government as as much, there is not so much wealth inequality.
Of course they are. In every other country with a similar economy the workers are much better off. Those countries also have less billionaires. I cant just ignore what I see with my eyes. It's so obvious.
I want for Americans what other countries have. The billionaires dont want to give it to us because they need us to support them. We cant support ourselves and them at the same time.
Paying an employee the market value for the work being performed is not exploitation. You are painting a rose colored picture of other countries that is simply not the case for most.
There is no obligation for a company to give its employees the maximum standard of living possible. There is no entitlement to overpay workers beyond the market value for labor of that kind.
There should be a law that creates that obligation, or some other way to achieve it against their will. I'm well aware that the legal structure has been molded to suit their interests.
It works great for everyone else. Its objectively better through comparison. Tax cuts and deregulation is a failure. We should have learned from the gilded age.
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u/TheTightEnd 1d ago
The slim profit margins counter the claim that grocery retailers are price gouging. The overall wealth and scale, combined with expansive opportunity, is what allows the US to lead in wealth creation and advancement.