Thursday, May 09, 2013

Food Facts of the Day

Four companies process 80 percent of the beef Americans eat.
Four retailers sell 50 percent of the groceries.
One out of every three dollars spent on groceries in the United States goes to Walmart.
The top 10 fast-food companies control 47 percent of all fast food sales.

The era of mom and pop stores has ended. Instead the family-run store is Walmart owned by the mega-billionaire Walton family

It is called “free-enterprise” - as Marx argued capitalism will tend towards monopolies.

No comments: