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Ending Monopolization Via Mergers (Institute for Local Self-Reliance) - - This detailed report from
Why are groceries so expensive? Food billionaires are raking in on inflation - - Food companies blame their higher prices on higher costs. Which makes sense until you look at their profits during this period. Those profits are gigantic compared to previously. Since profit is essentially revenue minus expenses, if these companies were raising prices to compensate for increased expenses, their profits would remain about the same.
Instead, the increase in profits shows that they are raising prices purely because they can, thanks to monopoly power. When just 4 companies control 70% of the world's agricultural market, why wouldn't they use that power to rake in as much as they can?
*** CANCER ON TAP - Water chlorination, its history, toxic effects on health, and alternatives, by Paul Fleckenstein. Chemical Cover-up - Better Living through Chemistry? In only a few decades, our chemical industry has managed to pollute every person, every animal, every plant, every ecosystem on earth with literally thousands of toxic, persistent chemicals. This article explains why. Corporate Spoilers - The corporate form is a powerful way to get big things done. But because it augments the power of individuals so well, it's as dangerous as it is powerful. Find out the details and their implications in this GreenSense Report. Frankenfoods - The 20th century was outstanding for profit-motivated, world-class, environmental fiascoes- Pesticides, PCB's Nuclear power, etc.. Now, Genetically Engineered Foods, or Frankenfoods, as they're referred to by their critics, slipping in just under the Y2k wire, may steal the prize for the most ill-advised innovation of all, and make the others seem tame by comparison. Kids and Commercialism - Advertisers and marketers now spend over $2 billion each year on advertising to children. That's more than 20 times what they spent 10 years ago. These billions are spent each year on psychological studies and advertising designed to promote explicitly antisocial values.
Ending Monopolization Via Mergers (Institute for Local Self-Reliance) - - This detailed report from
Why are groceries so expensive? Food billionaires are raking in on inflation - - Food companies blame their higher prices on higher costs. Which makes sense until you look at their profits during this period. Those profits are gigantic compared to previously. Since profit is essentially revenue minus expenses, if these companies were raising prices to compensate for increased expenses, their profits would remain about the same.
Instead, the increase in profits shows that they are raising prices purely because they can, thanks to monopoly power. When just 4 companies control 70% of the world's agricultural market, why wouldn't they use that power to rake in as much as they can?
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