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An investigation into egg prices

thebignewsletter.com

11–20 of 182 posts

Re: An investigation into egg prices

#11

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

It does make me wonder what it will take to have a government with an appetite for trust busting again.

Re: An investigation into egg prices

#12
post #11

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

It does make me wonder what it will take to have a government with an appetite for trust busting again.

It might happen when the pop media allows for it. It's very easy to belive the the Govt and all media are in symbiotic cahoots w each other.

Re: An investigation into egg prices

#13

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

We'll see. We're only a couple months into this 'regime' - might be interesting to try a different strategy for a little while.

H&W may have campaigned on this, but there's two things critical to good advertising: offering what people want, and offering it credibly.

Re: An investigation into egg prices

#14

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

> Harris and Walz campaigned specifically on addressing the issues raised by this article.

No, they didn't. They campaigned on a vague anti-"price gouging" promise while pretending they didn't even know who Lina Khan, Johnathan Kanter and Rohit Chopra were.

Harris never made it clear if any of their jobs were safe, her advisor and brother-in-law Tony West was Uber's general counsel, and Mark Cuban, a proxy for Harris during the campaign, screamed from the rooftops how much he hated them all and how they would be gone if Harris won (until the campaign told him to stop saying that.)

The only people mentioning antitrust during the campaign were on the Republican side, all the way up to Vance at least, and they continue to engage even after winning. Democrats were campaigning on companies "doing better" and not "taking advantage" and on anything else that wouldn't be definable or enforceable.

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edit: it's important to mention that this is the second avian flu outbreak since covid to kill an enormous (but not as enormous as it sounds) number of birds, the previous outbreak was used as an excuse to raise the prices just as high, and egg profits skyrocketed. This happened entirely during the Biden administration. I don't know how Harris would have differed, but we have already seen the Biden response and it was to let everyone get away with whatever.

Re: An investigation into egg prices

#15
It's like with anything else. You can SAY monopolies are illegal, but if you allow them to exist, then owning and controlling the market is, legal.

Any small competition that eventually gets large enough will just be bought out by the next one up in the food chain (literally).

Re: An investigation into egg prices

#16

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

> Harris and Walz campaigned specifically on addressing the issues raised by this article. No, they didn't. They campaigned on a vague anti-"price gouging" promise while pretending they didn't even know who Lina Khan, Johnathan Kanter and Rohit Chopra were. Harris never made it clear if any of their jobs were safe, her advisor and brother-in-law Tony West was Uber's general counsel, and Mark Cuban, a proxy for Harris…

[flagged]

Re: An investigation into egg prices

#17
post #11

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

It does make me wonder what it will take to have a government with an appetite for trust busting again.

Enjoy reading Teddy Roosevelt book as an inspiration

Re: An investigation into egg prices

#18

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

> 50+ years before another regime change occurs.

A little pessimistic, no?

People thought the blue wave would never end after Obama was elected.

No way to tell what the future holds.

Re: An investigation into egg prices

#19
> In other words, the current egg crisis is what the Sovietization of American business looks like.

On the contrary - there's nothing more American than corporations abusing their oligopoly status for financial gain.

Re: An investigation into egg prices

#20
First of all I think this article was put together quite well, it was succinct had a great flow and was very easy to follow. The data was laid out to support the case; overall it was great to read.

Understanding a problem requires a holistic view of the larger system. An egg producer may say prices are higher Because supply is lower due to culling. Part of that statement is true. The author then zooms out to better understand the larger system.

The truth of a matter deviates significantly from one party’s assertions.

it’s scary to me that people lack the skills, the desire or incentives to understand and objectively seek understanding of what’s happening around us especially in highly charged US political landscape. This isn’t like pure scientific pursuit of knowledge but a more practical day to day ability to question, understand and gather new information with the purpose of developing an objective understanding of the world.

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