Comment on What is an average person living in the US supposed to do about corporations raising prices?
orrk@lemmy.world 10 months agothe “vote with your wallet” stuff is bullshit, and it always was. there are very real limitations on what some small company can do in a near monopoly, that’s why we had antitrust in the first place.
Dark_Arc@social.packetloss.gg 10 months ago
I guarantee if everyone switched purchase orders from a major company to a small company overnight, that company would not be a small company.
Vote with your wallet isn’t bullshit, it just takes enough people actually doing it and it takes work to find the small businesses you want to buy from. It’s much easier to just rollover, buy the product you know sitting on the shelf, and then go complain on the Internet.
orrk@lemmy.world 10 months ago
nothing happens overnight, and even if everyone switched the smaller company does not have the capital to realize such a jump in demand, nor would it have the capital to protect its self from hostile market strategies the larger company can and generally will entail.
now please do try and vote with your wallet if 90+% of everything is owned and sold by some small group of companies
phillaholic@lemm.ee 10 months ago
You’re taking it literally, they are taking it realistically. Literally yes everyone switching would do that; realistically that won’t happen, nowhere close. So it won’t work.