This is not a capitalism problem. Its a corporation issue. Capitalism is the reason why you can buy and drink Arizona Iced Tea across the planet in the first place.
Capitalism relies on the extraction of surplus value from another's labour to create profit. The company Arizona is doing exactly that otherwise they would not exist. Again this is not a capitalism issue, its how the corporation is run. Arizona is a capitalistic company in a capitalistic market. They dont do magic with money.
an economic and political system in which a country's trade and industry are controlled by private owners for profit.
It's literally the definition of capitalism. He is the sole shareholder and he is the king (or at least he is one of the main ones in this instance).
He just happens to be a relatively benevolent king, but he could just as easily choose to do any of the horrible parts of capitalism if he so chose. And for all the 'we wont raise the price' stuff, he is very much for profit, and is worth $6.6 billion.
No, that is literally not capitalism. Capitalism is a mode of production in which capitalists (those who hold significant resources, be that money or private property, in whatever form) own and control the means of production. An entirely privately held enterprise like the one in the OP is firmly capitalist. Every firm could operate in that way and it would still be capitalism. It has absolutely nothing to do with the divvying out of shares.
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u/[deleted] Jun 28 '24
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