rbreich ,
@rbreich@masto.ai avatar

“We want to make sure that we’re not leaving any pricing on the table. We want to take as much as we can.”

—CFO of Constellation Brands, producer of popular beers like Corona and Modelo

Corporate price gouging has gotten so bad that they aren't even trying to hide it anymore.

ThomasG1 ,
@ThomasG1@mastodon.social avatar

@rbreich
You say, "When I say trickle-down economics is a hoax, this is what I mean."

The Democratic Party & Republican Party are also a hoax.

Trickle-Down Economics, Weaponized Law & Order of Democratic/Republican Party Fascist Duopoly/US Fascist Ruling Class, implemented by US Fascist Ruling Class against Working Class. US Fascist Ruling Class uses Weaponized Law & Order to deny Working Class Labor a SEAT AT THE TABLE, a legitimate Working Class Political Party.

billseitz ,
@billseitz@toolsforthought.social avatar

@rbreich "The company has more than 100 brands in its portfolio. Wine brands include Robert Mondavi, Kim Crawford, Meiomi, Simi Winery, Ruffino, and The Prisoner Wine Company. Constellation's beer portfolio includes imported brands such as rights in the United States to Corona, Modelo Especial, Negra Modelo, and Pacífico, as well as American craft beer producer Funky Buddha. Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey."

GustavinoBevilacqua ,
@GustavinoBevilacqua@mastodon.cisti.org avatar

@rbreich

Sooner or later the companies will ask the government to decriminalize the shooting of their competitors.

ottomate ,
@ottomate@noc.social avatar

@rbreich as long as we know who is doing this, they can be sure I am leaving their product on the shelf.

petrichor7020 ,
@petrichor7020@toot.community avatar

@rbreich Well, that's their job. Make as much money as they can. F society or "paupers".
That's why we need legislation and taxation to keep them honest.
Lets start with a stock buy-back tax and creating stronger anti-cartel laws.

Bummer ,
@Bummer@mastodon.social avatar

@rbreich

Yes, but won't it all trickle down? We should want this. /s

darwinwoodka ,
@darwinwoodka@mastodon.social avatar

@rbreich fuck these assholes. Their beer sucks too.

InkySchwartz ,
@InkySchwartz@mastodon.social avatar

@rbreich Source please. Never just leave things hanging.

pjtn ,
@pjtn@universeodon.com avatar

@rbreich

Extreme capitalism on vivid display.

InfoMgmtExec ,
MayInToronto ,
@MayInToronto@mstdn.ca avatar

@rbreich Many of us in the product world talk about value-based design and pricing. We do research, competitive analysis, and balance for customer satisfaction.

It all gets thrown out when the people at the top want more. The goals change when your company moves from building a great product that people will keep paying for long term, to build the most profitable product that will extract the highest corporate valuation for our exit in 12-24 months.

It's the main underlying cause of burnout.

doctormo ,
@doctormo@floss.social avatar

@rbreich

Leverage without consequences.

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