this post was submitted on 19 Aug 2024
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The USA was founded on capitalist ideals. This is the system working as intended.
The price will be whatever the market will bear. Right now, they're figuring out exactly what the market will bear. They'll step back from the line just a little bit then slowly creep up over time to reclaim all the profits.
If you're old enough to remember, this happened with fuel prices not super long ago. Prices were sent just north of ~ $3/gallon, and there was outrage. The prices dropped back to somewhat normal levels and everything resumed but the prices always kept trending higher and higher, now, we barely even flinch at $3/gal, and often, that's considered a good price for fuel.... At least, it is where I am.
The same people who were outraged by it now seek it out. This isn't any different. They spiked prices, now sales are falling like a brick. They'll bring it down to something "more reasonable" in the near future to recover sales, then over the next 5-10 years they slowly jack it back up to the current price and beyond and we will barely even notice.
Exactly. Democrats won't fix that principle; they may (eventually, maybe, years into the future) raise minimum wages, which would be helpful for a while, but they cannot stop capitalism being capitalism.
And, dependent on capitalist donors just like Republicans, they won't be able to take radical action against the status quo.
This is what many blame the failure of Biden administration to make economic reforms on - Democrats, too, play under the rule of the market, just less openly than Republicans, which is why they always try to find scapegoats to sabotage the most radical plans even when they take the majority of seats.
That's not to say you should vote A or B. That's just to mention that Democrats are not your friends and saviors, and they can only be seen as a lesser evil until people organize, come out on the streets and demand loud and proud what they deserve. They have nothing to lose but shackles.
I think we agree that capitalism is the problem.
If you were expecting Biden to end capitalism in America that was your fault for having terrible expectations.
We live in a market capitalist country. It isn't going to suddenly become socialist. End of story.
I never had those, but some people still believe Biden or Harris or some other democrat will come and build socialism.
No.