Why Fast-Casual Just Collapsed..

Walked into a sweet green while I was in Manahattan a few weeks back and saw those prices :oops: :oops: :oops:



Bruh, I remember being in college and a group of us would always kick it at Chipotle or some similar type spot. Grab a burrito, some chips/salsa and a drink, it was like $10 bucks/person. We were all making like $10-$12/hr back then.

Now to get all of that is close to $17/$18 and kids are still only making like $10-$12/hr. And with the increase in rent/ gas/ groceries/utilites and etc.....?

Why would kids want to go to "fast casual" spots? Kids don't have as much "casual" spending money.
 
I heard this one economist say that Capitalism's demise is actually built into its own design.
Key arguments suggesting capitalism's self-destructive design include:
  • Inherent Instability: Capitalism is prone to cycles of boom and depression, with economic downturns occurring regularly. This instability, which includes periodic crises, is seen by critics as an inherent design flaw that harms employees and makes the system unstable.
  • Inequality and Exploitation: The system's design, which aims to maximize profits for a small number of private owners, naturally leads to soaring wealth inequality and the exploitation and alienation of the working class. This concentration of wealth is a result of the system operating as designed and creates social tension.
  • Need for Perpetual Growth: Capitalism requires continuous economic growth to function and avoid collapse. However, this endless pursuit of growth is fundamentally unsustainable on a planet with finite resources, leading to ecological and environmental crises that threaten the system's own foundations.
  • Internal Contradictions: In an attempt to increase profits, businesses may cut wages for workers who also happen to be their consumers. This paradox — reducing the purchasing power of the customer base — is an example of an internal contradiction that can lead to economic stagnation and collapse.
  • Monopolization and Stagnation: The drive for competition eventually leads to the rise of monopolies and oligarchies that stifle true market competition. This concentration of power undermines the principles of a free market and can result in stagnation and a failure to create value for society.
  • Erosion of Social Structures: The system is said to consume the very social and institutional structures that sustain it in the relentless pursuit of a better bottom line. This can manifest as a decline in social cohesion, the jettisoning of worker protections, and the commodification of all aspects of life.
Billionaires should be illegal and if there isn't a "claw back" mechanism put in place, money will just go to the top and stay...
 

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Key arguments suggesting capitalism's self-destructive design include:
  • Inherent Instability: Capitalism is prone to cycles of boom and depression, with economic downturns occurring regularly. This instability, which includes periodic crises, is seen by critics as an inherent design flaw that harms employees and makes the system unstable.
  • Inequality and Exploitation: The system's design, which aims to maximize profits for a small number of private owners, naturally leads to soaring wealth inequality and the exploitation and alienation of the working class. This concentration of wealth is a result of the system operating as designed and creates social tension.
  • Need for Perpetual Growth: Capitalism requires continuous economic growth to function and avoid collapse. However, this endless pursuit of growth is fundamentally unsustainable on a planet with finite resources, leading to ecological and environmental crises that threaten the system's own foundations.
  • Internal Contradictions: In an attempt to increase profits, businesses may cut wages for workers who also happen to be their consumers. This paradox — reducing the purchasing power of the customer base — is an example of an internal contradiction that can lead to economic stagnation and collapse.
  • Monopolization and Stagnation: The drive for competition eventually leads to the rise of monopolies and oligarchies that stifle true market competition. This concentration of power undermines the principles of a free market and can result in stagnation and a failure to create value for society.
  • Erosion of Social Structures: The system is said to consume the very social and institutional structures that sustain it in the relentless pursuit of a better bottom line. This can manifest as a decline in social cohesion, the jettisoning of worker protections, and the commodification of all aspects of life.
Billionaires should be illegal and if there isn't a "claw back" mechanism put in place, money will just go to the top and stay...

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I eat at fast-casual spots quite regularly because they offer fresher, tastier, and greener food options.
Dig Inn, Sweet Green, and smaller, unknown Mexican chains are my go-to spots.

The prices are very steep ($12-$18), but it's better than being in a hospital bed after a lifetime of eating fries and greasy junk food.
 
Idgaf I love eating that braised lamb with saffron rice and black Lentils. Cheaper to order in the app and load up and take home and split it into two separate meals for under $10/meal.
 
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