Dope Tech Episode 2

<<@bruell says : Corporations are sooooo GREEDY!!!>> <<@sheridan140 says : 5:54 does anyone else hear an odd whisper...?>> <<@rubypayne4965 says : The corn they use in those Pepsi products is subsidized...>> <<@kenwallace6493 says : More competition in grocery stores would help but we're going in the opposite direction, allowing more M&As like Kroger buying Albertsons.>> <<@miketomasulo6496 says : Politicians keep texting me for donations. I remind them that I do not have the money, because half of my salary goes to rent. Then I bring up the grocery store gouging.>> <<@WillBurns says : I don't watch often enough, but I can't be the only person wondering why his hair is purple. Not that I particularly care that it *is* purple, but like... why is it purple? I clearly missed something in the ongoing narrative where he decided his hair is purple.>> <<@ATLGAMER47 says : 10:29 I bet they don't like tipping either.......>> <<@Mark-ef7pi says : There's also the ongoing dispute between Ranchers and the "Big Four" meat processers that has been jacking beef prices up For several years now. It's gotten so bad that ranchers are collaborating to open their own meat processing plants.>> <<@zenivinez says : Your incorrect about one critical fact. This is not capitalism. It's not your fault corporations have invested quite a bit on making people forget how capitalism is suppose to work. Capitalism is a system with well defined components. One of those components is a regulatory system. The reason that companies can inflate prices in every major market and it seems like "price gouging" is actually a symptom of capitalism falling apart. They can "gouge" because every major market in America is a soft monopoly or in some cases a straight monopoly. With so few players in the market there is no competition. This nullifies the benefits of capitalism as the few players in the market have no interest in innovating and are even more inclined to stifle innovation with their market position in addition since their is no competition in markets the need not compete on pricing and in markets where collusion is illegal they need not communicate but simply adjust prices in unison with the other 1 or 2 players in the market. In America our system is designed so that the Judiciary owns the lever in which to regulate corporate greed. After the Bell breakup corporation began creating continued learning sessions that lawyers could get there needed hours for free that trained the judiciary to not oppose monopolies. The executive(along with the fed) and legislative branches hold no constitutional levers to mitigate corporate greed but they do have levers that impact other inflationary factors like the labor market. They chose to exercise those levers cooling the labor market and driving down wages which drives down inflation. Since this further benefits corporations they've discovered they can drive up prices unchecked and the fed will respond by cooling labor markets. This system is draining the countries coffers and driving people unknowingly into slave wages without them even initially realizing or many times understanding what's even happened. Markets can continue doing this and until the judiciary starts actually doing its job we will continue to slip further into an oligarchy very much like Russia. You should be less concerned about "morality" and recognize that the system is severely broken but could easily be fixed. TLDR; America is not operating under capitalism anymore we have slipped into an Oligarchy. Capitalism requires regulation to function most importantly it must continually cell divide once markets reach a soft monopoly. The judiciary controls the levers that manage corporate greed but they aren't doing their job and since no competition exists in markets companies can set prices to whatever they want. The legislative and judicial branches have no control over corporate greed.>> <<@just_breathe says : No surprise corporations are ripping us off. Still.>> <<@GoldenFlowerAbbey says : Greedflation>> <<@chrislewis4606 says : Wake up, America. You’re headed towards Canadian-level monopolization of public living.>> <<@garyp3472 says : Loook at Ana flexing.. cooking? Every day? With groceries? Her shift to the right must be paying off>> <<@curtrodgers5395 says : I have alway's said that there should be a cap on essentials proffit>> <<@nigelrosario4367 says : F&ckers keep voting Republican on the local, state, and federal congressional level, THIS is what happens.>> <<@AcmePotatoPackingPocatello says : ...buyouts by grocery chains created monopolies, Progressives did ZERO .>> <<@andresfelipeod6819 says : this hair... Did this Guy Loose a Bet? or what?>> <<@aquato33 says : It's food, we subsidize it with our tax dollars we can cap, we've done it in the past. This is not a free market and it is not capitalism, it's vulture capitalism out of control and we need real leaders.>> <<@old_school_hawk says : I'm an Independent and hate the Trump cult, but why hasn't Biden tried to break up the corporation monopolies like Teddy Roosevelt? Because he serves the oligarchy too.>> <<@danieldumas7361 says : Will this Topic be brought up during the upcoming Debate?>> <<@FernandoGarcia-jj8ls says : I can’t get over the purple hair. What the fuck? You don’t want to be taken seriously?>> <<@MKrealife says : Drop Pepsi. All soda for that matter. I have horribly painful inflamatory arthritis. Im fine as long as I eat well. Pepsi was one of the first things that had to go. Just 3 sips of Pepsi would start the pain. Not just once, but every single time for months on end. I stopped it and I'm much better.>> <<@radiatedspore says : Government is run by corporations, so of course they are charging more and using other excuses as to why they need to rip you off. This is what happens when con artists and criminals are in charge.>> <<@deja3963 says : If we all just start stealing necessities they can’t arrest us all. They can charge reasonable prices or get nothing 🤷>> <<@R2N81 says : If any of you really want to make America “Great” again then you have to understand that the inflation should be between %5-7 initially at first by moving production from China to American soil. In fact,the %2 goal is unreasonable at all at this point.>> <<@redpapa859 says : Not answering the question with a question it's not clever it's not smart it's Criminal>> <<@ianflanders5096 says : Why are they jacking up the price on food, housing, and gas? Because they know people need those things, and so they can easily extort that money from the consumer because their alternative is starving and not having a roof over their heads.>> <<@aaaaaaaaaa7699 says : This is pure treachery and should be treated as such>> <<@wtkidz says : I cannot trust comments from a man with purple hair.>> <<@mychaljohnston3522 says : My food expenses are approaching rent prices.>> <<@davidgray6959 says : This is the result of 40 years of GOP corporate policies, allowing the concentration of wealth, elimination of taxes on the wealthy and corporations, removal of consumer protections, allowing monopolies to form, allowing hedge funds to flourish untaxed and injecting even more money into the election process instead of the opposite. Just one look at the laundry/soap aisle in any grocery store gives the entire picture... it's 80 feet of 8'h shelf space filled end to end with hundreds of products from basically one conglomerate. They're just sucking up all the money until the remainder will be a wasteland stripped of its value.>> <<@George-hl2xm says : I’ve been knowing this going back to Trump it was price gouging what took the rest of you to finally figure this out and I new the Republicans wouldn’t do anything to help I don’t know how the Trump book lickers can’t see this and if Trump gets back in things will get worse>> <<@jimmykelly2809 says : Why is a middle aged man have purple hair? Thats the real question>> <<@jeffreyhall76 says : Capitalism has failed the lower class for decades now it’s failing the middle class>> <<@Peterclevenger-sx1kh says : Law of diminishing marginal returns. As long as Americans keep spending, corporations have no incentive to level off, or lower prices. It has just recently begun to happen, because it's finally reached a breaking point, which is why you see stores such as Target, Walmart, etc. announcing they're beginning to lower prices. Consumers have more power than they know, but unfortunately it's a blind spot for the vast majority, and impossible to coordinate. Publicly traded companies main responsibility is to maximize shareholder wealth. CEOs on average make 200+ times what average workers make. The only thing the 2016 republican passed tax cuts did, was empower corporations to buy back stock, and give higher bonuses to executives. The trickle down theory republicans always talk about, never comes to fruition, given it's a fairytale they have repeated since the early 1980s.>> <<@christianheidt5733 says : De-regulation, same thing going on here in Canada. I haven't eaten out in years. It's price gouging & put caps on billionaires.>> <<@lcmthehawkeye5589 says : QUIT BUYING PROCESSED GARBAGE THAT CORPORATIONS SELL! Keep it simple, keep it fresh. The way prices go down is QUIT BUYING! Conserve to make them pay! Entitled Americans can't live without their Starbucks, or their sodas. Pull back and make them pay. Soon there will be sales going on everywhere. If everyone sacrifices alittle, they will feel the pain.>> <<@donchaney4790 says : ***ATTENTION*** Scroll to 5:53 minutes listen for weird whispering voice in the background what is he saying??>> <<@nickknez8294 says : Don’t buy shit from corporations. Divest, boycott, strike.>> <<@scampifrity says : That hair color is too much>> <<@kennyljs says : So, Cenk isn't paying Anna enough. LOL.>> <<@alexgrabner116 says : So when I go and buy a product, like bread. I am lead to believe that those companies are competing for my money. They are more concerned about competing for shareholders' money than my money. Ie the price of the product goes up for me so the shareholders get better returns?>> <<@andrewvirtue5048 says : "Their argument is bs" "Conpletely lying" "Bernie sanders" "25% higher" "11% more" A lot of buzz terms but no meat. No sources. What's the argument they're making? Why is it bs? What did Bernie say and to/about what? 25% higher than what number? 11% more than what number? What are the numbers? Again there's no meat. No source. A lot of words but no information. This Tuber is bad 👎>> <<@INTJINTJ64 says : Buy only what you need and not what you want. Demand falls and forces prices down.>> <<@grantbeerling4396 says : Infinite shareholder growth is at the core of Friedman's neoliberal ideology (which we still live under). Thus, 'investor programmes' get prime time in political circles as well as TV schedules. All along, the idea is that we need investors to make money; otherwise, who would buy government debt? Therefore, we are subservient to the mammon of investor shareholder value. Complete BS (Ref; Deficit Myth, by Stephanie Kelton). Shareholders are Kentucky Darby day gamblers, with the option of bailing out before the horse loses. They take little or no risk, and if it all goes wrong (black swan event) get bailed out by the currency-issuing government (QE). Thus socialism for the rich and brutal capitalism for the rest.>> <<@MrRibby88 says : John looks terrible with purple hair.>> <<@antonnee says : If you control the food supply, you control the people.>> <<@jordanjordan5928 says : It's not really free market is call exploitation of the lower classes look what what would happen in Russia with the Zara's? It's not what they did but the people were tired of being exploited>> <<@GardenDoctorKris says : Dont need fast food and Pepsi to survive😮>> <<@raven_glass says : The French already found the solution to this problem in the 1790s.>>