Current Events > The baby formula shortage is a result of stupid capitalism

(+) Yeah! (+)

MedeaLysistrata posted...

wow that one plant was making all that formula...

yea that kinda seems like a national security issue tbh

Can't imagine how stressful it'd be to go to the store and see empty shelves. We posted some unopened containers we still had online and people were real quick and desperate to snatch them up.

Shablagoo posted...

We need planned, organized production. This shit is just asinine.

I will take the amount of shortages we have compared to any planned economy ever.

Norman_Smiley posted...

I will take the amount of shortages we have compared to any planned economy ever.

Better dead than red or something?

Im so glad we weaned my baby off formula right as the shortages peaked. We got a call about her Similac formula being recalled but she was a month away from weaning off. We switched to Bobbie for the last month and now apparently you cant get Bobbie either unless youre a subscriber. Now shes on cows milk and eating solids. I feel so bad for parents who are scrambling trying to feed their babies. What a nightmare.

WingsOfGood posted...

allowance of monopilies

the company has a 43% market share and has no fail safe when 1
that is one factory goes offline

because it costs too much and that is all it is about

if you still can't see then well....

Because in a healthy capitalist economy, more competition would alleviate these problems.

Monopolization in this day and age is a product of bad regulation and policies, not an unfettered economy, which we don't have.

WingsOfGood posted...

yea that kinda seems like a national security issue tbh

lol i guess? i'm out

Deutschenlied posted...

Better dead than red or something?

No, centrally planned economy = chronic shortages. History has proven that time and again.

A market economy does occasionally experience shortages. But they are usually temporary and short lived in comparison to planned economies.

One fundamental problem with capitalism is that the end goal is to accrue as much capital as possible, not to maximize human well-being. Capitalism is indifferent to human suffering. A business that profits based on selling deliberately faulty products is just as valid as one that sells good products.

The only reason why living under modern capitalism is even remotely tolerable is because external forces like the government implement laws designed to protect people's health and safety.

A better system would be one with a different set of foundational incentives. Rather than a profit motive, there should be a human health motive. Actors in the system should always be making decisions with the goal to raise the standard of living and keep society stable.

cardoor123 posted...

So what? Support the business next time when they're already here so you don't have to bitch and moan when they're gone and you really need them. _

How? By buying the formula even when you don't have a baby that needs it?

Collat posted...

By buying the formula even when you don't have a baby that needs it?

yes.

RustyFerret posted...

Because in a healthy capitalist economy, more competition would alleviate these problems.

Monopolization in this day and age is a product of bad regulation and policies, not an unfettered economy, which we don't have.

Who bought those bad regulations? The capitalists? Do you have an example of an unfettered economy that wasn't a dystopian nightmare or even just evidence on how less regulation would lead to less contamination and monopolization here?