• iopq@lemmy.world
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        6 months ago

        So the greed is constant, but the market let companies raise prices.

          • iopq@lemmy.world
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            6 months ago

            Because consumers will pay those prices. Nobody forces you to drink coca cola

            • Flying Squid@lemmy.world
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              6 months ago

              Sorry… you’re arguing that corporate greed and price gouging are acceptable things because enough people are willing to pay that price anyway?

              • iopq@lemmy.world
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                6 months ago

                It’s not price gouging, there’s no coca cola shortage and it’s not a necessary for life good. You’re acting like you can’t just stop buying it

                And yes, the price people willing to pay for some goods is a reasonable price for them, unless it’s some necessity or it’s some disaster area. If it was unreasonable, people wouldn’t pay that price. Especially for something like coca cola

                • Flying Squid@lemmy.world
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                  6 months ago

                  Sorry… how is a price increase that is not justified by inflation not price gouging?

                  Price gouging has nothing to do with what is necessary and Coca-Cola is being used as an example. I’m not why you think this is singly about coca-cola.

                  • refalo@programming.dev
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                    6 months ago

                    I think this simply depends on your definition of gouging. If I used “to charge someone too much money for something, in a way that is dishonest or unfair” as I found from google, one could argue that the increase was justified by some others means that didn’t qualify as dishonest or unfair, which is also subjective.

                  • iopq@lemmy.world
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                    6 months ago

                    It’s justified by inflation, inflation is an average.

                    For example, if thing A goes up 20% and thing B goes up 0% we say the inflation is 10%. You will complain that A went up faster than the inflation. But you’re cherry picking the data, since you ignored B not going up