French supermarket Carrefour has put stickers on its shelves this week warning shoppers of “shrinkflation” - where packet contents are getting smaller while prices are not.
French supermarket Carrefour has put stickers on its shelves this week warning shoppers of “shrinkflation” - where packet contents are getting smaller while prices are not.
The second capitalists gather together they are bound to conspire to fuck over ordinary folks.
That’s not Marx - that’s literally Adam Smith, the guy who hypothesized the invisible hand of the market that has since been turned into a complete strawman leading people to believe capitalism will somehow fix itself.
Spoiler: It won’t.
Which Adam Smith then follows by saying the craftspeople need to form guilds (unions) in response, which is the only scenario where the invisible hand approach could work
The invisible hand was really just mentioned once in relation to the dynamics of trade between states, the whole concept is just taken out of context.
Funny that he thought that the capitalists need to conspire. It turns out the ordinary folks will try to fuck over each other no matter what. The only workaround is for the ordinary folks to reach a “gentleman’s agreement” to not try and fuck over each other (i.e. form a union), but that proves difficult as it means having to not fuck over each other while establishing the union – a cross too difficult for most ordinary people to bear.