this post was submitted on 02 Jul 2025
336 points (99.4% liked)

Political Memes

8752 readers
3304 users here now

Welcome to politcal memes!

These are our rules:

Be civilJokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformationDon’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memesRandom pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotionFollow instance rules, ask for your bot to be allowed on this community.

No AI generated content.Content posted must not be created by AI with the intent to mimic the style of existing images

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] AndiHutch@lemmy.zip 2 points 1 day ago (1 children)

Market consolidation doesn’t explain why new materials and processes aren’t being invested in?

Why wouldn't it? Companies that have invested millions in land and equipment to harvest trees aren't going to just stop using their equipment and get new equipment / land for a different material on a whim. If it makes them money they'll keep doing it. No reason to take a potential Billion dollar risk on changing equipment and production processes. Sunk cost fallacy is a real barrier for a big company with millions in assets. They probably won't change unless they have a competitor producing goods cheaper or a government regulation / tax prompting them too. Changing production practices has a cost that most public companies are too cheap to pay for. They would rather use the money for stock buybacks, exec compensation, and investor dividends.

The market ain't perfectly efficient, companies don't care about efficiency if they are making money hand over fist. I imagine it is being done somewhere but it is just on a much smaller scale. If they grow enough they will get offers from big companies to buy them as that is cheaper than actually competing. For hemp there is also the risk that if you get too big they ~~bribe~~ lobby for making it illegal to put you out of business.

I think people underestimate the laziness/complacency of most people / companies, if it works why change it? Any employee has a better chance of being fired for trying to innovate than actually getting rewarded / promoted. Heck I imagine an executive could theoretically also get canned for trying to change the production process if they fail, though I imagine they would just pin it on a middle manager.

[–] homesweethomeMrL@lemmy.world 2 points 1 day ago

I mean, that was kind of my point, but. Yeah. What that guy said.