• bamboo@lemm.ee
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            11 months ago

            To a degree, but don’t underestimate the extreme degree of inefficient “profit” built into the US system. Even basics like fruits and vegetables often have a half dozen companies in the process, and each one pads the pricing with as much headroom has they can get away with. If you can buy produce from a farmer directly it is often half the cost or less, and they’re getting a better deal too than if they sold to a wholesale distributor. Processed foods, manufactured goods have even more companies involved padding on their own margins.

      • panchzila@lemmy.world
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        11 months ago

        Mexican here, standard of living and costs are lower. Our minimum wage has always been a joke but government doesn’t raise it because inflation. I’m too ignorant on those matters and really don’t know if that is true.