Robert ReichIf you want to understand the real story behind skyrocketing prices, you have to look at monopoly power.
When an industry consists of just a handful of massive corporations who can coordinate price hikes, everyone gets shafted.
Batat@rbreich it's also good to remember that the law of supply and demand is just another neoliberal lie. Prices are not negotiated, they're administered.
https://economicsfromthetopdown.com/2020/08/05/supply-and-demand-deconstructed/
