127
submitted 2 years ago by fouru@lemmy.world to c/videos@lemmy.world
all 49 comments
sorted by: hot top controversial new old
[-] Its_Always_420@lemmy.world 71 points 2 years ago

You mean retail wage theft?

[-] Smite6645@lemmy.dbzer0.com 19 points 2 years ago
[-] BreadstickNinja@lemmy.world 3 points 2 years ago

What's the source on this? Want to explore it and share with a couple people.

[-] Smite6645@lemmy.dbzer0.com 2 points 2 years ago
[-] Smite6645@lemmy.dbzer0.com 3 points 2 years ago* (last edited 2 years ago)

The article links to a reddit post, which has been deleted - so not sure of the source data.

Here's a recent article with the same points and similar figures, and several source links.

The Guardian

[-] BreadstickNinja@lemmy.world 2 points 2 years ago

Thanks to both of you. Damn.

Workers in the US have an estimated $50bn-plus stolen from them every year, according to the Economic Policy Institute, surpassing all robberies, burglaries and motor vehicle thefts combined. The majority of these stolen wages are never recovered by workers.

Not surprised, honestly, but I'd never heard that comparison before.

[-] ohlaph@lemmy.world 53 points 2 years ago

Greed causes an over abundance of theft. If there is excessive theft, it's because of excessive greed.

When people are struggling and banks are telling retailers there is excessive consumer surplus, and retailers raise prices excessively (greed), theft will inevitably increase.

[-] BaronVonBort@lemmy.world 36 points 2 years ago

Is nearly everything in the 24 hour news cycle overblown?

[-] kozy138@lemm.ee 3 points 2 years ago

Everything but the climate catastrophe were facing ...

[-] the_q@lemmy.world 31 points 2 years ago

If there is a rise in theft it absolutely isn't having an impact on the record breaking profits being reported. Fuck em.

[-] XTornado@lemmy.ml 14 points 2 years ago

Their "inflation" rate is faster than the theft rise rate.

[-] Chakravanti@sh.itjust.works 14 points 2 years ago* (last edited 2 years ago)

The rich are the thieves. <-Period

You can see the blood everywhere. It's even worse because they produce absolutely nothing.

[-] some_guy@lemmy.sdf.org 12 points 2 years ago

Schroedinger's retail theft. The answer is both that it's up and that it's overblown.

[-] alienanimals@lemmy.world 11 points 2 years ago

We wouldn't have retail theft if the 1% paid their taxes and shared the wealth they stole from everyone else.

[-] Quexotic@infosec.pub 11 points 2 years ago

If you overvalue possessions, People begin to steal.

Tao Te Ching, ch3

this has been known for quite a while

[-] sharkfucker420@lemmy.ml 10 points 2 years ago

Remember; if you see someone shoplifting, no you didn't.

[-] GBU_28@lemm.ee -1 points 2 years ago

And a mob? They're unsafe.

[-] Phegan@lemmy.world 8 points 2 years ago
[-] derf82@lemmy.world 8 points 2 years ago

It’s just that the supply chain excuse for jacking up prices is going away, so they need another BS excuse.

[-] SatansMaggotyCumFart@lemmy.world 8 points 2 years ago

Shouldn’t the free market compensate by hiring more security guards and loss prevention officers?

[-] Blamemeta@lemm.ee -2 points 2 years ago

Nah, margins are already thin on retail stores. If you cant profit or even break even, whats the point?

[-] SatansMaggotyCumFart@lemmy.world 1 points 2 years ago

It’s simply a cost of doing business.

If that business owner can’t figure out how to run their company someone else will.

[-] Blamemeta@lemm.ee -2 points 2 years ago

That's exactly what's happening. They close up shop, and someone else can take the location.

[-] SatansMaggotyCumFart@lemmy.world 2 points 2 years ago

Yeah and the new people either adept to the new market or they go bust as well.

[-] bradorsomething@ttrpg.network 3 points 2 years ago

In my local community I have noticed a strong uptick, talking to store staff. But with wage insecurity and high food prices, “steal or watch your kid starve” isn’t really a decision. And yes, higher ticket items are being stolen, which some people are pointing at like there’s a difference: if the punishment is the same, why not steal the prime rib?

[-] demesisx@infosec.pub 2 points 2 years ago
[-] Fades@lemmy.world 1 points 2 years ago

There have been lots of stores that claim to close locations due to looting when it’s the not the case. There is a lot of opportunistic bs happening with stores these days from price gouging to straight up shutting down certain areas for things like unionizing

this post was submitted on 30 Dec 2023
127 points (91.0% liked)

Videos

16251 readers
58 users here now

For sharing interesting videos from around the Web!

Rules

  1. Videos only
  2. Follow the global Mastodon.World rules and the Lemmy.World TOS while posting and commenting.
  3. Don't be a jerk
  4. No advertising
  5. No political videos, post those to !politicalvideos@lemmy.world instead.
  6. Avoid clickbait titles. (Tip: Use dearrow)
  7. Link directly to the video source and not for example an embedded video in an article or tracked sharing link.
  8. Duplicate posts may be removed

Note: bans may apply to both !videos@lemmy.world and !politicalvideos@lemmy.world

founded 2 years ago
MODERATORS