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- #121
Corporations always do what is best for you, without any interference from the government. Turning Love Canal into a toxic waste site was actually in the public's best interest. it has created billions of dollars in jobs....
Strawman
Corporations utilize government to protect themselves from their poor decisions.
And they use government to create barriers to entry so that they can modulate prices higher than the market might otherwise dictate.
Try starting a restaraunt and see how much red tape you hit. It's not wonder that we mostly have the Chile's, Applebee,s and Burger Kings...etc. of the world.
Most people incorporate to shield their private assets from liability exposure. A sole proprietor who is sued can lose everything he has including his house, furniture, car, retirememt savings, etc. But liability exposure is limited to the assets held by the corporation and incorporation also allows for sharing of assets without putting one's personal property at risk. I think it has little or nothing to do with price modulation.
And actually the prices offered by Applebees, Chiles, Burger King etc. are somewhat lower than the average comparable non-chain restaurant because the chains benefit from standardized menus, advertising, decor, bulk buying, etc. and because of a much broader market, each restaurant can afford to operate on a smaller profit margin.
But bringing the thread topic back onto the track, it is interesting that most of the chains offer a 'healthy' choice or two among their menu offerings.
". . . market research published in 2011 found an 86-percent increase in the term "healthy" and a 33-percent increase in the term "low-fat" on fast-food menus. Yet the offerings are not, say, 86 percent healthier. . ." (This was from a Christopher Wanjek piece a year or two ago but I lost the link and don't want to have to hunt it up.)
But just because McDonalds happy meals don't meet the general standard for healthy eating, addition of apple slices and milk in lieu of cola, etc. has definitely improved them. And I don't have any problem with McDonalds advertising those apple slices and milk as 'healthy'. Nor should the government have a problem with that.