LogFAQs > #969200213

masterplum posted...

I didn't see the profit margin thing before which is interesting. I still think the link to greed is extremely suspect because the assumption being made is that corporations both

1. Are able to charge more because of greed
2. Were unable to charge more because of greed in the past but now can

Which are both pretty tough hills to climb. There have been studies that show the price of gas for instance is almost completely dependent on the price of oil and no extra profit is purposefully being made on it.

So while I may have been wrong about corporate profits, I don't think that changes anything in regards to thinking corporations are doing anything different now than they were 20 years ago

Thanks. I disagree, obviously. (Well, on some points. Like I said with LotM, I may have phrased some of this poorly and later linked to some articles from economists concluding that corporate profits are now disproportionately driving inflation which is obviously better spoken than I am)