While Wendy’s plans to price gouge you with Uber-style surge pricing, it’s simultaneously enriching wealthy shareholders with a $500 million stock buyback program.
That’s the thing about corporate greed: It’s shameless.
They’ll just keep pushing to see how far they can go.
@rbreich Is the problem really Wendy’s doing this? Isn’t it the structures that makes them get away with it?
If a shop that only caters to rich people increases their prices, then there is no real problem, right? But if a business that is the only real option for some people does that, we have a problem. That business definitely is partly to blame in that case, but the most blame should go to the system. “The system” can be monopolies, oligopolies, city planning, or capitalism in general.
Robert Reich
Magnus Ahltorp