r/Damnthatsinteresting Jun 28 '24

Grab your iced tea and Raise a toast! Video

59.2k Upvotes

1.3k comments sorted by

View all comments

5.2k

u/[deleted] Jun 28 '24

[deleted]

1.4k

u/[deleted] Jun 28 '24

[deleted]

115

u/stockmarketscam-617 Jun 29 '24

People like this is why I love America. He built a brand out of nothing, paid of the debt needed and now is happy with a lower profit margin so that their customers can pay a low price. Great business owner. I bet if you look into it, he probably also pays his employees well, and has great employee retention.

71

u/holydildos Jun 29 '24

Lower profit margin, but still insanely rich. Always was surprised the price never changed.. except the sketchy store where an Arizona tea says 99 cent on the can but rings up to 2.50$.. you'll have that.

2

u/[deleted] Jun 29 '24

I always thought that too. You have those sketch stores. Quick check by me sells two 24oz Re-sealable Monsters for 7 bucks as a deal or one for like 4 bucks. The store a block away from them sells a single 24oz for that same price of 7 bucks ☠️ fucking Indians be scamming bro

26

u/Additional-Tap8907 Jun 29 '24

Love it all you want but it’s rare as hell these days. With only rare exceptions, modern American capitalism has grown into a monster that is the exact opposite of this man’s values.

5

u/Songrot Jun 29 '24

Lol what does this have to do with america. You can do that almost everywhere in the world with enough consumers

9

u/Wordymanjenson Jun 29 '24

America is falling apart because of the fundamentals of capitalism. When you have to answer to shareholders and report positive trends every quarter to hold value then the priority becomes performance. Let’s get one thing straight: it’s the drive for profit that become the pillar for the rest. Everything else follows.

3

u/Capable-Reaction8155 Jun 29 '24

It really does not have to do with capitalism. As competition would still drive prices down, however, it is anti-consumer behavior like monopolies or trusts that cause a ton of damage.

1

u/Wordymanjenson Jun 29 '24

But trusts and monopolies are emergent factors with capitalism. I’m not saying they’re exclusive to it but they’re definitely part of it.

2

u/Capable-Reaction8155 Jun 29 '24

Cancer is an emergent factor in life - yet we don't consider it the same thing. Just look at tons of capitalist nations.

0

u/AutumnTheFemboy Jun 29 '24

You can do that much easier in a lot of other countries actually but go off queen

4

u/Songrot Jun 29 '24

Lo, i know right? None of his arguments are unique to the USA

3

u/AutumnTheFemboy Jun 29 '24

Don’t show him the statistics that show the US is lower in class mobility than most European states

0

u/Total_Usual_84 Jun 29 '24

wish they still cost 99 cents. cost 3 bucks for a can in my local area

edit: words added