Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by BirdieNZ on Friday March 24, 2023 @08:55PM
(#35297864)
How much are you willing to pay for the basic necessities of life, life land, shelter, food, water?
If the providers of those necessities possess a monopoly, either natural or through regulatory capture, humans will pay whatever they have to get those necessities. It is important for social prosperity to prevent extracting excess profits through monopolisation, either by destroying the monopoly or by taxing it and reducing other taxes on the individuals.
If the providers of those necessities possess a monopoly, either natural or through regulatory capture, humans will pay whatever they have to get those necessities. It is important for social prosperity to prevent extracting excess profits through monopolisation, either by destroying the monopoly or by taxing it and reducing other taxes on the individuals.