Why is the prevailing story in the media “the price of eggs is high” and not “record windfall profits from food and oil companies” ??
America’s largest egg producer Cal-Maine reported a record quarterly profit of $198 million
Anti-poverty charity Oxfam is calling for governments to impose windfall taxes on large food companies
THAT’S the story.
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@flexghost hmm i dont think i coukd support a company getting taxed more simply for being big. Though im not ready to say there isnt a problem here either, id need to look into it more to form an opinion.
I will say economies at scale does make food production far more efficient so in and of itself probably isnt sonethibg we want to discourage outright, but it can be problematic in other ways too.
https://www.reuters.com/article/idUK261136661120130204