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this post was submitted on 09 May 2024
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I've just spent a month in Taiwan. There are no supermarkets there basically.
There are markets. With everyday people trading.
The money moves amongst the people. Not amongst the two big supermarkets like in Australia.
Due to this, the people get the money. Not the mega corps.
The competition is balanced and strong, and prices are low.
I saw just how screwed we are in Australia when visiting Taiwan.
Their culture won't allow a duopoly like we have.
I can only hope that we can break free from it.
Canada has the same problem, but our monopoly now is an everything company. Loblaws owns pharmacies, financial institutions, telcom infrastructure, and are vertically integrated throughout the logistics and production side of the grocery chain, while also operating the most stores. They got caught price fixing bread for almost 20 years, and they posted the highest quarterly revenue in decades after "adjusting for inflation". The government is talking about trying to more heavily regulate the industry but when there's only basically one guy doing it, he effectively tells you to go fuck yourself because you can't turn to anyone else.
Right now, for the month of May at least, we're actively boycotting their stores, which is quite difficult in a lot of remote regions. It's a good thing that it's springtime though, because farmers markets are opening up more frequently around town where I can get actual quality produce and goods from real people who produced it all themselves. I am with you 100% on wishing we were all market-based and not supermarket-based.
At the very least, we're trying to hit the corps in the wallet and see what happens. The CEO has actually been on record calling the boycott "misguided".
I saw the thoughtslime video on loblaws and they did one earlier on the telecom situation in Canada. It should be a warning on how bad things can get herr