But if we don’t let them do this then the super yacht companies will go bankrupt and it will destroy the economy!
sanguine_artichoke@midwest.social 10 months ago
Yep, a huge portion of this recent ‘inflation’ is not cost increases or actual inflation… just basically the wealthy class turning the screws on everyone else because they can.
n3m37h@lemmy.world 10 months ago
FlaminGoku@reddthat.com 10 months ago
Gotta say it. This line of humor is a problem.
Starglasses@lemmy.blahaj.zone 10 months ago
Agreed. It derails the flow of topic away from discussion.
n3m37h@lemmy.world 10 months ago
FlaminGoku@reddthat.com 10 months ago
Totally understand satire.
This is defeatist humor which weakens the stance of the subject.
stjobe@lemmy.world 10 months ago
“Actual inflation” is just some capitalist a bit further up the supply chain “turning the screws on everyone just because they can”. Inflation is the ultimate proof capitalism is an inherently flawed system.
KevonLooney@lemm.ee 10 months ago
This is just false. The OP had the correct idea, demand for essential goods is inelastic. This doesn’t go away if you “get rid of capitalism”. All economies have price increases. If you ban them, you just get shortages and things get sold on the black market (as was the case in the Soviet Union).
The real issue is: what is “essential”? The items we think of as essential are mostly conveniences. Disposable diapers are not essential. Washable diapers existed for thousands of years, and they are way better for the environment. Your kids don’t have disposable clothes. You just wash them when they are covered in vomit or feces. So why not diapers?
Maybe we should consider alternatives to “essential” items. Toilet paper is expensive? Get a bidet. Baked goods are expensive? Get some butter and flour. Beer is expensive? Good news: alcohol just appears for free when you give yeast food! Your home repairs are expensive? Literally watch a YouTube video.
It’s easier than ever to do things on your own. Don’t hand out money unless you want to. And realize the choice you are making.
rainynight65@feddit.de 10 months ago
Washable diapers are somewhat different from regular clothes. They need to be natural fibre (cotton or similar) that can handle being washed at high temperatures - because you want to make sure those diapers are properly clean. Natural fibre is expensive - there is a reason why most denim pants on the market are stretch now. Washable diapers also harken back to a time when one parent - usually the mother - was at home all day to look after the household and the kids. Water and electricity were cheap back then - nowadays if you’re running several loads of washing each week just to clean the diapers, you’re quickly transferring that cost.
Your other analogies are similarly flawed. Home repairs are expensive, sure - but watch a Youtube video? Really? For one, some skillsets are not transferrable through a video - these people make it look easy because they know what they’re doing. Then, even if I can comprehend what I’m supposed to do, I still may not have the required tools - and boy some of them can be expensive. Thirdly, certain kinds of work are regulated, at least where I live (plumbing, electrical), so DIYing those can get you into very hot water if something goes wrong. Lastly, if I botch a repair or break something else in the process, I’m left holding the bag. A tradesman has the required insurance - at least where I live - and has to warrant their work.
KevonLooney@lemm.ee 10 months ago
You think cotton is expensive? And you think electricity and water were cheaper? None of that is true. I actually looked up what a load of laundry costs in terms of energy and water. It’s about a kWh to wash and another to dry. Water is maybe a dollar per wash.
So $1.50 per wash and dry at most for a couple dozen new diapers. And you forget the best part: you never run out! So you save time by not needing to go to the store.
If you think doing your own repairs is impossible to “comprehend”, I don’t know what to tell you. You may currently live in a house built by illiterate people. And I mean that, literally. Most repairs are very approachable with just a screwdriver and a wrench. You probably have the tools already (or $10 to buy them).
ImFresh3x@sh.itjust.works 10 months ago
Cotton is not expensive. Denim isn’t stretch because of cotton prices. Demon is stretch because stretch denim is super popular.
stjobe@lemmy.world 10 months ago
Inflation doesn’t come from demand, it comes from someone raising the price of something - a raw material or a finished product. The combined effect of all those pricing hikes is what we call “inflation”, and they are almost always done in the name of increasing profit, not to meet demand (whether elastic or not). A system that demands infinite growth cannot work in a finite world, that’s the problem at the root of capitalism.
T00l_shed@lemmy.world 10 months ago
Sure in a perfect world we all the time and money to install a bidet, or bake everything you need, or brew beer, most people don’t have the time and or money to experiment with this kind of stuff.
shalafi@lemmy.world 10 months ago
You got solid points about time and money spent, but it’s not all like that and OP has points as well.
A bidet is $20-$30. My Filipina wife asked for one, and rejected the nicer units I wanted to buy. Busted out all the tools, which some may not have, only needed simple pliers to get the old fitting loose. Rest was done by hand in 10-minutes, tested and working.
Now how much you spending on toilet paper again?
I know we can’t all grow our own food, but some things are worth looking into.
Another one; My fridge is failing. Pretty sure it’s a worn fan, but I’m clueless. As OP said, find a YouTube video.
I’ve had my AC fail a few times. It was a $20 capacitor in every case, took 45-minutes to figure out the first time. 10-minute fix now.
How much was hiring a pro to come to your house?
Hell, maybe you even got some tools you didn’t end up needing, but those are yours forever.
DIY ain’t cheap. But baby steps are a thing.
Worst case, you fail and learn.
theneverfox@pawb.social 10 months ago
Let’s go further. Why bother with gas? You can just get things delivered, or walk to the store
Why bother with medicine? You could just grow herbs that have the same compounds in unmeasured dosage, or you could synthesize them at home
It’s not that I think you’re wrong, I just think this is an impractical way forward. It’s voting with your wallet, and it doesn’t work
SnotFlickerman@lemmy.blahaj.zone 10 months ago
“But people are still out here buying staples and maxing out their credit cards, so we can turn the screws just a bit more, right? Right?”
Fester@lemm.ee 10 months ago
“There still aren’t enough homeless people. We can keep going.”
SnotFlickerman@lemmy.blahaj.zone 10 months ago
What’s terribly sad about that is we’re genuinely reaching crisis levels in some cities. These people need housing *with functioning plumbing stat.
I don’t understand people’s hesitance to house them because it’s like… all you people do is complain about them existing and wanting them “out of your downtown.” Well shit, it’s my downtown too and their downtown as well and all I want is for them to be housed, and holy shit that actually solves your whole fucking complaint because now they’re not in “your” downtown.
The amount of human feces that has to be cleaned daily in some cities is genuinely approaching crisis levels. It’s literally a public health emergency. It absolutely can get to the level where enough fecal matter is in a general area that large amounts of bacteria will be floating in the air, and people can end up getting ill from food that this bacteria has landed on. No direct contact with feces needed, once it has reached that level. We don’t want it to reach that level.
There’s my rant about how absolutely fucked the homeless situation is, because its inhumane and should be classified as “unusual punishment” in my opinion.
shalafi@lemmy.world 10 months ago
The issue is indeed fucked, but imma NIMBY this one.
Nuclear reactor in my backyard? Go for it, I understand the risks, and lack thereof. Prison? Fine by me.
Homeless people in my hood? Hard no. And anyone says different hasn’t known or been around homeless people. Only time I consistently carry a pistol is downtown. I’d be hard pressed to pull it, but still…
Many, many are blameless. But fuck me. If you can’t figure out a way to get a roof over your head in America, you’re kind of a fuck up. And I know that statement will piss people off, but if pissed off, how many homeless have you personally known? They’re almost all fuck ups, and not the kind you want around your home.
It’s clearly cheaper to just provide housing. But where?! Are we going to build concentration camps in the boondocks? And not my boondocks thank you very much. I approach my camp every weekend with a pistol in hand for two reasons; 2 or 4-legged crazy animals have set up camp and think it’s theirs.
Mental health care? Again, have you ever met or personally known homeless folks? They will NOT willingly go for help. I got stories. We going to force them into hospitals? Hell, if so, let’s just cut to the chase and build concentration camps.
Lotta sick people walking the streets. And I ain’t got answers. And if anyone gives you a simple answer? That person is ignorant at best, or more probably an asshole.
Best I got for Americans? Some sort of universal health care. Devil and details and all, but my ex-wife, while training in the hood for her RN, talked of men throwing themselves in front of cars on freezing nights. Free ride to the ER. Yeah. We’re that fucked up.
shalafi@lemmy.world 10 months ago
I usually try to see both sides of an argument, give 'em a chance.
For example; Supply chains were truly fucked over by COVID. And believe it or not, it’s still an issue in late 2023.
But inflation now is almost entirely corporate greed. They saw what they could get away with and pressed it.
Say you have egg laying chickens. You were selling a dozen for $1, but prices spiked and people were happy to pay $2.
You going to drop your prices out the goodness of your heart? And at the same time, feed prices went up (but came down again). Everything went up! Need to repair the fence? $20 worth of wire is now $40 (but that price came down).
That extra $20 was nothing to me, but I can justify keeping my prices up, or even raising them!
Expand that to megacorp’s kinda thinking. In my simplistic case, you are solely responsible for the morality of your decisions, and it might be a hard decision. You gonna take less money nice guy?
For a monster corporation? Nah, that greed is spread over a thousand actors, all sanely acting in their best interest.
Capitalism is the best economic system we got, but the flaws are clear. We need strong worker unions and strong legislative oversight. And that is clear as well.
Semi-Hemi-Demigod@kbin.social 10 months ago
One problem is that we allowed corporations to go global without a global labor unions and global regulation.
TheRealLinga@sh.itjust.works 10 months ago
you turn the screws you tear down the bridge, flimsy as it is, it’s business-like
EmergMemeHologram@startrek.website 10 months ago
Don’t worry, my Econ 101 class states that surely a competitor will come in and operate at a lower cost to recoup that cost for the customers!
Wait… what do you mean the competitors are all increasing prices by the same amount knowing demand for diapers is inelastic and the Nash equilibrium is for them to all match price increases so that they all make more money together?
Surely a new entrant will help!
Wait… what do you mean nobody will invest in a new competitor because the market is “saturated” and even if they did the big brands would just decrease prices in the areas they operate until they run out of cash and fold?
Surely a regulator will help!
Wait… what do you mean the regulators feel price increases are due to “too much demand” for products and are turning the screws on consumers?