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Occupy Underground

DBoon

(23,068 posts)

24. Businesses make money by breaking markets

Reply to ck4829 (Original post)

Mon Jul 4, 2022, 10:21 AM

Jul 2022

What Bezos did with Amazon is a good example.

Free market economics is a fairy tale

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White House hits back at Jeff Bezos, saying it's 'not surprising' he thinks oil and gas companies [View all] ck4829 Jul 2022 OP

Groceries as well . .... Lovie777 Jul 2022 #1

These high prices are engineered to make Pres Biden look bad Alice Kramden Jul 2022 #2

It's called "price gouging." I'm surprised Jeffie doesn't complain more His profits are reduced by 3Hotdogs Jul 2022 #3

Exactly, he's not selling crude ck4829 Jul 2022 #4

7040 fl oz Ferrets are Cool Jul 2022 #5

He probably has... 2naSalit Jul 2022 #6

In 2008 videohead5 Jul 2022 #7

Exactly Rebl2 Jul 2022 #15

It never reached 190. I think 140 was the highest for very brief moments. Lucky Luciano Jul 2022 #22

According to what I read videohead5 Jul 2022 #29

Sorry videohead5 Jul 2022 #30

Well, yes, price gouging is a "basic market dynamic" in unregulated markets William Seger Jul 2022 #8

About those markets.., multigraincracker Jul 2022 #9

Not even 1% of gas stations are owned by the oil companies. oldsoftie Jul 2022 #10

Sounds like we should just nationalize oil production then ck4829 Jul 2022 #11

+1, along with nationalizing healthcare. n/t area51 Jul 2022 #17

Yeah, thats worked really great for Venezuela; along with all their other industries. oldsoftie Jul 2022 #20

Works fine for Russia. n/t DiamondShark Jul 2022 #34

If you hold up Russia as an example of what TO do, you've already lost the argument. oldsoftie Jul 2022 #37

Russia is still making money off of oil and gas... DiamondShark Jul 2022 #38

Russia makes money because of China & India. You want to be like them too? oldsoftie Jul 2022 #39

This message was self-deleted by its author DiamondShark Jul 2022 #40

So we should buy our gas from Iran? DiamondShark Jul 2022 #41

Because it doesnt fucking work! why is that so hard to grasp? Iran? oldsoftie Jul 2022 #42

Yeah, I don't know why you brought up Iran and Venezuela. DiamondShark Jul 2022 #43

It is price fixing pure and simple. The Jungle 1 Jul 2022 #12

Not where I am. I can get, today, 3.85 & 4 miles away 4.39. oldsoftie Jul 2022 #23

What? Every place within 10 miles of me is 5.55 to 5.65. KPN Jul 2022 #27

I'm in Ga. And actually about an hour ago I filled up @Circle K for 3.73 oldsoftie Jul 2022 #31

Shrodinger's conservatives want government to leave businesses alone IronLionZion Jul 2022 #13

What is Jeff Bezos doing to encounter inflation? KPN Jul 2022 #14

That's a good question ck4829 Jul 2022 #16

There are MANY reasons I never use Amazon. But I'm one of few. oldsoftie Jul 2022 #21

95% of what Amazon has can be bought elsewhere DBoon Jul 2022 #25

How often is that possible? I live in a remote, rural area with relatively KPN Jul 2022 #26

You find another online store and use them instead of Amazon DBoon Jul 2022 #28

Being remote, there will be times you just can't help it. Understandable. oldsoftie Jul 2022 #33

Yes! I will use them as a "search engine" so to speak. oldsoftie Jul 2022 #32

I have never spent money on Amazon. LisaM Jul 2022 #35

Same here. They're addicted. Then they'll bitch about empty stores & stuff from China. oldsoftie Jul 2022 #36

Nationalize the oil...these billionaires think the rest of us are stupid, Bluethroughu Jul 2022 #18

This is all about the fossil fuel PTB. jaxexpat Jul 2022 #19

Businesses make money by breaking markets DBoon Jul 2022 #24