Target profit plunges 90% as inflation-weary shoppers pull back
www.cnn.com
Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on spending on nonessential items.

Like this is a genuine question for me. There seems to be some lack of awareness on the part of the people who make decisions that a consumers need to have money to consume with or the whole system siezes like an engine with no grease. The plebes need to be given back some share of profits so they can continue to purchase stuff and keep the whole system from breaking down.

  • A_Serbian_Milf [they/them]
    ·
    2 years ago

    Frank you have identified one of the contradictions of capitalism! Reliant on demand from proletariat spending to generate profits, yet constantly suppressing proletarian wages to increase profits.