225
submitted 10 months ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] Showroom7561@lemmy.ca 45 points 10 months ago

While Canadians Struggle, ~~Energy~~ Corporations Are Laughing All the Way to the Bank

Fixed that for you.

[-] Rocket@lemmy.ca 9 points 10 months ago* (last edited 10 months ago)

Makes you wonder why everyone doesn't incorporate, thus allowing every single one of us to laugh all the way to the bank. Perhaps we fear success?

[-] Franzia@lemmy.blahaj.zone 3 points 10 months ago

We fear prosecution for fraud and tax evasion, because we can't afford corporate lawyers.

[-] Rocket@lemmy.ca 4 points 10 months ago

You could if you were incorporated. Perhaps you missed @Showroom7561@lemmy.ca's comment?

[-] mooniyaw@lemmy.ca 6 points 10 months ago

Sure, but do all Corporate sectors get dozens of billions in direct and indirect subsidies year after year?

[-] ultratiem@lemmy.ca 5 points 10 months ago

"What's this about subsidies???" —Elon, probably

[-] Franzia@lemmy.blahaj.zone 2 points 10 months ago

I think so, yeah? Is the answer yes?

[-] VieuxQueb@lemmy.ca 37 points 10 months ago

And they will cry and obtain more subsidies and tax cuts while we get fucked in every hole.

[-] nik282000@lemmy.ca 12 points 10 months ago

Sometimes they make a new hole!

[-] _spiffy@lemmy.ca 21 points 10 months ago

At this point I would rather Canada struggle to make work for the people displaced by the loss of O&G than continue to fuel their bullshit.

[-] nik282000@lemmy.ca 15 points 10 months ago

Job losses in oil and gas is fine and everyone involved should keep that in mind. Colleges and universities should be steering stem kids out of pero-engineering, and tradeschools should be pointing people away from fuckin Fort McMurray. In Ontario though there are still loads of millwrights/plumbers/electricians being told that they can go work 5 years in the oil patch then come back home, buy a house and put their feet up.

[-] some_designer_dude@lemmy.world 2 points 10 months ago

Whaaa — sign me up! It’ll take me decades to earn a house otherwise. If ever.

[-] sour@kbin.social 7 points 10 months ago

is good day to be on fediverse

[-] SCB@lemmy.world 2 points 10 months ago

for example through strategic price controls on energy, food, and other key inputs

I don't know why anyone ever takes Jacobin seriously at this point.

The solution to rising food costs is not, in fact, to exacerbate the problem by giving producers a strong incentive to not produce food.

[-] mooniyaw@lemmy.ca 3 points 10 months ago

Agreed, the level of concentration in grocery distribution is worse than the telecoms. At this point they need to be broken up and run as non-profits!

[-] Rocket@lemmy.ca 4 points 10 months ago* (last edited 10 months ago)

the level of concentration in grocery distribution is worse than the telecoms.

Telecoms can fall into being natural monopolies for technical reasons, like there only being so much radio spectrum to go around. Grocery distribution, not so much. Literally anyone can start selling groceries right now.

Which, during the height of COVID, when going to restaurant was not allowed, we saw exactly that – a number of restaurants transitioned into being grocery stores.

We had our chance to change our ways. Nobody wanted to. There is concentration in the grocery business because that's what we desire. Plain and simple.

[-] SCB@lemmy.world 1 points 10 months ago

This has nothing to do with price ceilings on food being a universally bad decision.

[-] Rocket@lemmy.ca 1 points 10 months ago* (last edited 10 months ago)

That's hilarious. The formal definition of shortage is a situation where an external mechanism, such as government intervention, prevents price from rising. This is literally looking to create a shortage (a real shortage, not the pretend kind we talk about when it comes to labour) of food and energy.

this post was submitted on 05 Sep 2023
225 points (98.7% liked)

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