An outbreak of avian flu is leading to higher egg prices. Does corporate greed also play a role?
Twitter users are lamenting the increase in price for what many consider to be an essential good while companies peddling eggs have been such a dramatic rise in profits. Per, “Eggs should not cost more than the federal minimum wage.” How are families expected to put food on their tables when an hour of work can’t even purchase a dozen eggs?
On a practical note, we as consumers—at least, those of us who can still technically afford a dozen eggs—can find ways to reduce our egg consumption, to bake our favorite cakes with chia seeds or bananas, to search out new egg-less recipes and to replace our breakfast eggs with other sources of protein.
But ultimately, I think we all recognize that things have to change. In his tweet, Senator Sanders advocated for a windfall profits tax, a tax aimed to cap profits when a company suddenly makes significantly more money than expected. In theory, this kind of tax would prevent companies like Cal-Maine from profiting off the kind of misfortune that has resulted from both the avian flu and Covid-19 outbreaks.
As prices increase and wages stagnate, as CEOs build insane levels of wealth on the backs of their workers, many U.S. Americans are reaching their breaking points. When full-time work can’t keep people out of abject poverty and requires them to rely on scraps from a, it’s a sign that something has gone horribly wrong on a policy level. Most of us don’t want luxury—at this point, we are fighting for the barest of necessities.
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