this post was submitted on 23 Jul 2025
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Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere. Europeans need to do better (www.cnbc.com)
submitted 3 days ago by Sunshine@lemmy.ca to c/buyeuropean@feddit.uk
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[โ€“] Obi@sopuli.xyz 62 points 3 days ago (2 children)

I also think most people have no idea how much shit is owned by coke, so maybe they're leaving coke on the shelves but buying some other brands owned by them instead? Also yeah Europeans sure love their coke zero and it's gonna be tough getting everyone to stop, there's probably correlation between liking coke and not giving a shit about politics.

[โ€“] njm1314@lemmy.world 49 points 3 days ago (1 children)

When these companies reach certain sizes they're almost boycott proof. Simply insane how large they're allowed to become.

[โ€“] Taalnazi@lemmy.world 19 points 3 days ago* (last edited 3 days ago) (3 children)

Coca Cola is owned by The Coca Cola Company, whose owner (or well, group with largest share) is Berkshire Hathaway Inc., owned by Warren Buffett (with his successor being Greg Abel). Ajit Jainil is a vice chairman, whose cousin was a co-CEO of the Deutsche Bank.

Coca Cola also sponsored Trump.

Duracell is one of the biggest part of Berkshire, but there's way more. Some holdings and subsidiaries have sub-holdings and subsidiaries!

It also has insurance companies which invest in policy premiums in some companies, up to many billions. Visa, Mastercard, Kraft Heinz, T-mobile, Mitsubishi, to name a few.

Companies are evil. Every single one that's big is one too many.

We should develop an app, downloadable from multiple app stores, to automatically scan a product and see if it's ultimately owned by a billionnaire and where some companies don't have workplace democracy. And the app should offer alternatives, from which you can order. Can someone on Lemmy here do it?

[โ€“] 0x0@lemmy.zip 9 points 3 days ago (1 children)

scan a product and see if itโ€™s ultimately owned by a billionnaire

Unless you're in a thrift store or flea market, the answer is yes.

[โ€“] Taalnazi@lemmy.world 6 points 3 days ago* (last edited 3 days ago) (1 children)

I dunno, I feel like it is possible for a company to be worker-owned with workplace democracy, where the highest-earning worker earns only one and a half times as much as the lowest earning, instead of hundreds of times more.

And even then, I think wages shouldn't be a thing at all - but instead that economies should be need-focused, rather than profit-focused.

It would be great if for example woodcutters delivered wood directly to farmers, farmers food directly to woodcutters, and truck drivers received goods directly from both, and so on.

No wages, just cooperation without monetisation.

[โ€“] 0x0@lemmy.zip 3 points 3 days ago

Works at the small scale, but as you grow, so does human greed.

[โ€“] Cordyceps_cereal@lemmynsfw.com 6 points 3 days ago* (last edited 3 days ago) (1 children)

https://many.bio/nothanksboycott not exactly what you're talking about but still worthwhile

[โ€“] Taalnazi@lemmy.world 4 points 3 days ago* (last edited 3 days ago) (1 children)

Oh hey, thanks! That's actually pretty useful. Saved.

It's exactly what I'm looking for, design-wise. If the app also had a customisation option for billionnaire companies without workplace democracy and the like...

There's also BuyFromEU, BuyEuropean AI (that one is closest to what I meant) and Boycat, now that I looked further.

[โ€“] Cordyceps_cereal@lemmynsfw.com 5 points 3 days ago

Yeah it's really great. The creator, Ahmed Bashbash made it completely free and any donations he gives directly to Palestinian organisations to support those in need. He's also open to people volunteering to help with researching for bad brands etc. (I've no connection to him I just love the app and really hate genocide)

[โ€“] Droechai@piefed.blahaj.zone 3 points 3 days ago

Would love a personalized warning list, to add companies (and automatically any owners/siblings) that flags products as I scan them.

[โ€“] PostaL@lemmy.world 1 points 3 days ago

I am one of those who still gets cola zero :(

At this point I think it's an addiction, I didn't find something else from the EU to match it and was not successful thus far to quit it entirely.

But I'm still trying...