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✳️ dcposch on daimo
@dcposch.eth
I love Costco but we need much stronger regs regarding factory farming. You’re telling me you hatched a chicken, raised it from birth, butchered, transported, and rotisserie’d it for under $4.99?
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Chris Carlson
@chrislarsc.eth
Not everything is sold at a profit, especially in that business
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✳️ dcposch on daimo
@dcposch.eth
True but I don’t think they’re selling $15 chickens for $5. Even if it’s a loss leader and the real cost is $7… what does a $7 chicken’s life look like?
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Thomas
@aviationdoctor.eth
The other aspect is that selling at a loss distorts the market and destroys the market share of smaller distributors who can’t compete with Costco’s scale. It’s anti-competitive, is a form of subsidy, and if done in an international trade context is called dumping and is generally reacted to aggressively by governments
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artlu 🎩
@artlu
please just let me have eggs from happy American chickens at <5x the price of those kinds of eggs in Europe or Asia
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shazow
@shazow.eth
Another example of accumulating negative externalities. Many tech companies do this when they launch: Uber, Airbnb, OpenAI and every other AI company is doing (subsidizing the training costs to compete more aggressively and price out competitors until they can integrate those costs later... except maybe Google, who integrated these costs into their business a decade+ ago). Use VC funding to subsidize and price out competitors, dominate the market, spike prices years later to recoup losses. The externalities are vast. We need better ways to factor the "real" costs into things we consume (including the torture factory farming facilitates), maybe it should be an added tax if producers refuse to charge the real costs? Not sure if consumers have to be paying all these costs, but it shouldn't be easy to evade/defer them for producers.
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