The consumer watchdog finds Australia's supermarkets are more profitable than their global peers and the two majors don't need to compete "vigorously", but the ACCC stops short of declaring grocery prices excessive.
Interesting reading the article. Would be good to see the complete ACCC report.
While a large part of the population is mislead about capitalism or benefitting from the system themselves, I think you’ll find your sentiments are shared by many. Especially here on Lemmy.
This system sucks.
But yeah, our media is so fully captured by corporate interests that any proposal tooooo socialist is promptly demonised.
Oh those profits from our minerals? Nahhhh the foreign companies deserve that. Can’t have a mining tax.
Breaking up monopolies? Nahhhh that’s practically communism (despite competition being part of capitalism’s rhetoric)
Big sad :(
At least Trump will likely secure us another term without an LNP majority government hehe
While a large part of the population is mislead about capitalism or benefitting from the system themselves, I think you’ll find your sentiments are shared by many. Especially here on Lemmy.
This system sucks.
But yeah, our media is so fully captured by corporate interests that any proposal tooooo socialist is promptly demonised.
Oh those profits from our minerals? Nahhhh the foreign companies deserve that. Can’t have a mining tax.
Breaking up monopolies? Nahhhh that’s practically communism (despite competition being part of capitalism’s rhetoric)
Big sad :(
At least Trump will likely secure us another term without an LNP majority government hehe