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News@lemmy.world · 1 year ago

‘Greedflation’ study finds many companies were lying to you about inflation

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‘Greedflation’ study finds many companies were lying to you about inflation

spaduf@slrpnk.net to

News@lemmy.world · 1 year ago

cross-posted to:
[email protected]

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

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1 year ago
It’s just the natural state of capitalism. Regulation can keep it in check, but regulation will eventually falter, then fail due to regulatory capture and weakening of safeguards by politicians sympathetic to capital (read: bribed by).

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