Grocery workers fight grocery stores for fair pay. Grocery stores have very thin profit margins because most of it goes to food distributors and real estate / energy costs. Food distributors have very thin margins because most of their profits goes to producers and real estate / energy costs. Producers have very thin margins because most of their profits go to companies like Monsanto and Con Agra.
There are institutions and large shareholders of institutions who own shares in every step of that chain and extract all the profits so that the workers at every stage have absolutely nothing relatively even though they are doing all the…ehm… Work.
So yes. Very much late stage capitalism story. There are few things worse than food supply. Healthcare is the biggest contender surely.
Grocery workers fight grocery stores for fair pay. Grocery stores have very thin profit margins because most of it goes to food distributors and real estate / energy costs. Food distributors have very thin margins because most of their profits goes to producers and real estate / energy costs. Producers have very thin margins because most of their profits go to companies like Monsanto and Con Agra.
There are institutions and large shareholders of institutions who own shares in every step of that chain and extract all the profits so that the workers at every stage have absolutely nothing relatively even though they are doing all the…ehm… Work.
So yes. Very much late stage capitalism story. There are few things worse than food supply. Healthcare is the biggest contender surely.