BewitchedBargain@reddthat.comtoCanada@lemmy.ca•Grocery code of conduct ‘will not work’ without Loblaw and Walmart, MPs toldEnglish
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8 months agoA surprise only to those who think it’s a good idea to allow large companies to corner the market.
Plus there are already existing concepts that prevent this. Simply tax massive profits made from the labour of others, having a non-profit competitor, laws against profiteering during a crises, a maximum CEO/worker pay ratio, etc. Actually applying those concepts ahead of time would help a lot more than a reactive code of conduct.
But that’s Communism™.
There’s allegedly 94 American automobile manufacturers, per Wikipedia. If there’s a disruption that would collapse all of them, that would be extremely serious - something which should be handled by making sure the industry is not at the whims of the economy.
The simplest quick-fix is having the company give partial ownership to the government in exchange for a bailout, and the alternatives involve arguing about what color to use on the bike shed.