alt Hacker News> dominant egg producers . . . have leveraged the crisis to raise prices, amass record profits, and consolidate market power
Call me ignorsnt, but I'm surprised to see fewer cases of this kind of exploitative capitalism here in the EU. The only similar case that cones to mind is the gas and diesel price hike. Am I missing something or are Americans just more accepting of agressive capitalism like this? Something similar is Healthcare. Insulin for example is dirt cheap to produce but costs the buyer hundreds (iirc) of dollars.
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Swoerd • last Thursday at 8:15 AM
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I don't think Americans are more accepting of aggressive capitalism, they're victims of an exploitative system that has completely captured their government, media, education, and every aspect of life. Sure many of them are willing participants, or victims who aspire to join the all-powerful ruling class - but that's the result of generations of social engineering and brutal suppression of any viable alternatives.