
MORE PERFECT UNION
More Perfect Union
…
@MorePerfectUS
Just 10 companies own most of America's food. Here are some of their 2023 profits:
Danone: $1 billion
General Mills: $2.6 billion
Mondelez: $5 billion
Unilver: $8 billion
Pepsi: $9 billion
CocaCola: $10.7 billion
Nestle: $13 billion
They can afford to stop jacking up prices.
https://i.redd.it/03h2a2a2cwkd1.jpeg
by beeucancallmepickle
4 comments
Inflation = corporate profiteering
They can, but they wont
Surely this is mission accomplished. It isn’t going to get any better. Greed is the DNA of capitalism.
49.3 billion / 8 billion people = $6.162 in profit per man woman and child in the world.
If OP can find total revenue, we can calculate as a percentage. Irregardless of that, it’s dang close to an hour of minimum wage from everyone, every year. More than a Big Mac. ~10# of bananas, for scale. We still have parts of the world where people live on less than that $2 a day levels of poverty.
What can a handful of people do with so many burgers, bananas, banana republics?