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What's Causing All of This Inflation? Who's Fault Is It? What Can Be Done about It?

What's Causing All of This Inflation? Who's Fault Is It? What Can Be Done about It?

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Robert Lindsay
Aug 16, 2024
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Beyond Highbrow
Beyond Highbrow
What's Causing All of This Inflation? Who's Fault Is It? What Can Be Done about It?
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The main reason for skyrocketing food prices is excessive consolidation in the food industry. As competition declines, the risk of monopolization rises, prices go up, and workers, consumers, and shareholders are all abused.

This is because in capitalism, corporations only act good if you put a gun to their head and force them to. Corporations have no incentive to act good because doing so means lower profits. The worse they act, the more money they make.

Hence abuse of workers, consumers, and shareholders is epidemic under capitalism. The only thing that prevents this is a more or less "socialist" state.

By socialist I mean that the state is not afraid to regulate corporations and thereby limit or reduce the capitalists’ profits as long as the company gets a fair return.

Capitalists don't want a fair return. They want to make as much money as they want, and the sky's the limit.

The Problem is that under capitalism the corporations own the media and they both control and are over the s…

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