Candy Cartel: How Candy Companies Are Cashing In

Candy Cartel: How Candy Companies Are Cashing In | Robert Reich

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Robert Reich

3 ай бұрын

Have a sweet tooth? You’re going to want to watch this. Here’s how candy barons are ripping you off.

Пікірлер: 739

@JustWasted3HoursHere 3 ай бұрын

Companies will say they had to increase their prices because of inflation, but A) their prices increased far above and beyond their increase in costs (triple or more) and B) their record profits show that this was not actually the reason for increasing prices.

@eudofia 3 ай бұрын

The funny thing is that increasing prices is the root cause of inflation. So, when a company increases prices, they are actually contributing to the rise of inflation. And then the same companies will increase prices again blaming the inflation they caused. And the cycle continues.

@JustWasted3HoursHere 3 ай бұрын

@@eudofiaYep. Of course companies are always looking for an excuse to increase profits at whatever cost. Got to keep those shareholders happy!

@DJ_Force 3 ай бұрын

@@JustWasted3HoursHereDuh, that's the purpose of every company, make as much money as possible.

@pauleywallnutz9429 3 ай бұрын

Greed is the biggest reason. They learned well on how to game the system during the Covid pandemic and refuse to go back!

@useyourbrain1539 3 ай бұрын

Cocoa up 40%, sugar up 20% (in the years his complaint is covering). Last Halloween candy costs went up only 18%. Yet you think they're gouging.

@russh6414 3 ай бұрын

They have also reduced the quality of chocolate in said candy

@chbloss 3 ай бұрын

Yes, they are saying that a chocolate bar that is 60-70 percent of wax is chocolate. It's like taco bell with their "beef" that is considered 30 percent beef.

@shawnoliveria8974 3 ай бұрын

Kind of like what you get from the 4th Reich, Robert.

@lorrainemoynehan6791 3 ай бұрын

and let's be honest, it was already a pretty low bar

@shawnoliveria8974 3 ай бұрын

@@lorrainemoynehan6791 Are you comparing the low quality "chocolate" from American candy corporations to the low quality "nuts" from the far left like Reich? Sounds about right, low bar from both.

@user-je2ny1mq1o 3 ай бұрын

😭

@Merchant1521 3 ай бұрын

Don't forget they both shrink their candy sizes as well. Remember how big a Fun Size used to be? Compared to what a Fun Size is today.

@tomreingold4024 2 ай бұрын

They also cheapen it year over year. The quality from these companies is abysmal.

@SurprisedBuffalo-ug3rf 2 ай бұрын

Exactly!!! They shrink the product, hoping you will not notice; this gies for other products as well, ice cream for instance!!! There are mo half gallons or gallons anymore!!!!

@SweetStuffOnMonarchLane 2 ай бұрын

Not so fun anymore. ☹️

@coralie9469 3 ай бұрын

No kidding, now let's talk soda companies!!

@theparadoxicaltouristtrave9320 3 ай бұрын

Or water.

@49gagah 3 ай бұрын

Say that again... I dropped mine like a hot potato...however, can't say I don't miss it. But I'm over it in general. Almost a year now. Pray for me...😊

@olyokie 3 ай бұрын

Diabetes Central is what these cartels should be called.

@XenIsWhen 3 ай бұрын

That's for another type of expert analysis.

@goldflo91 3 ай бұрын

And Tooth Decay Central too

@olyokie 3 ай бұрын

@@XenIsWhen You need an expert?

@XenIsWhen 2 ай бұрын

@@olyokie Of course not. If I'm diagnosed with a serious illness, the first person I'll go to for advice is the thinnest housewife at Whole Foods.

@olyokie 2 ай бұрын

@@XenIsWhen Sorry about your td……

@jneff6456 3 ай бұрын

If companies are so eager to raise their prices, we should raise their taxes by an equivalent amount.

@davidmachemer1015 3 ай бұрын

It helps me get off the candy. Thanks, Mars and Hershey!

@strothelmkez1472 2 ай бұрын

I'm in the same boat. Try honey and molasses... I can't seem to get used to the molasses though lol... I tried my hand at bee-keeping and now have a lot of comb. Great snack... None of it even compares to old-school milk chocolate ;) Big Sigh...

@curtg7396 3 ай бұрын

The only time I buy candy bars anymore is the day after Halloween,after Valentines day,after Easter ect.When it’s usually 50-75% off!

@clararichardson3558 3 ай бұрын

Crazy shrinkflation!!! Even at the Dollar Tree stores candies are smaller and at least .25 more!!!

@pendlera2959 3 ай бұрын

So? Biden is doing a lot to keep the economy going well in spite of covid and greedy businesses. Just because those businesses support him doesn't mean he's their puppet or whatever you're trying to imply.

@user-hx2wx7mk8n 2 ай бұрын

It's really 'Bidinflation'!

@braveworld2707 3 ай бұрын

They have also reduced the weight of the candy that you purchase while maintaining the same price. Same has been done with ice cream bars as well as they are about 30 to 50% smaller than when I was working in an ice cream factory.

@apeman505 3 ай бұрын

They've also decreased the percentage of cocoa used in their product. If you compare a chocolate from today versus one from twenty years ago you would see a huge difference.

@marthamagee2055 3 ай бұрын

yes! Ice cream bars are dinky!!

@stanleyhape8427 3 ай бұрын

Better for the waistline 😂

@stephen_fin 3 ай бұрын

why are you so concerned with candy ? i thought most liberals eat healthy?

@ecash00 3 ай бұрын

In my estimation of the price of candy from MY TIME, including SIZE and weight, and materials used to MAKE the candy. Where as wages only went up 7-8 times Since 1960's, Candy has gone over 20 times.

@zer0nix 3 ай бұрын

It sure felt like a lot more than 14 percent, more like 50 percent

@ericjensen9091 3 ай бұрын

Today's Snickers bar is smaller and has fewer peanuts than it did 30 years ago.

@purplemicrodot58 3 ай бұрын

'Member when a Hershey's with Almonds couldn't yield a bite without an almond? I opened a full-size bar a few weeks ago and it had 3 almonds in it.

@knutevids 3 ай бұрын

So it's actually better for you now, lower in calories, saturated fat.

@purplemicrodot58 3 ай бұрын

@@knutevids I fear you've missed the point of candy. 🤣

@knutevids 3 ай бұрын

@@purplemicrodot58 Apologies, I forgot the "winking tongue-in-cheek" emoticon. ;-?

@MacUser2-il2cx 3 ай бұрын

I remember old Butterfinger, those were HUGE. And they weren't split in half either!

@user-ln9fk5ht9q 3 ай бұрын

It's same across the economy. There isn't any real competition that promises us the best price possible, but a group (oligopoly) that dictates the price which strips the money out of working peoples pockets and hands it over to the shareholder. A beautiful trick !!

@purplemicrodot58 3 ай бұрын

I love candy. I've noticed. And the COLI showed a year-by-year increase of 45% in the price of toothpaste despite being a monopolistically competitive market . It's getting hard to have a sweet tooth.

@2-old-Forthischet 3 ай бұрын

You can buy toothpaste in a large tube by a large name company for under a dollar at some stores. You just have to look harder.

@pendlera2959 3 ай бұрын

There are a lot of things where the cheapest version used to be a dollar and now is two or even three. I've noticed great value costs what the name brand used to for a lot of things.

@pagosabob10 2 ай бұрын

Yes, toothpaste, another item i see going up. I used to get 8.2 oz tubes, but Crest doesn't have any on shelf at my FM store. So switched to Colgate for a 8 oz tube. But the boxes are still the larger size! Creeps! @@2-old-Forthischet

@captainspock6221 3 ай бұрын

the candy bars were also downsized. it is not just the price that they are using to rip us off. a snickers bar has gone from 10 cents when i was a kid to 1.79 and it weighs less.

@bobhemmerlin7337 3 ай бұрын

5¢ when I was a lad.

@pagosabob10 2 ай бұрын

They aren't good for us anyways, so just quit. :-) @@bobhemmerlin7337

@brorpaulhjelm6187 2 ай бұрын

When I was a boy we would go to the local convenience store with .25 cents and could get a variety of candy in a paper bag that would last our little sugar addicted bodies a number of days

@celieboo 3 ай бұрын

I've noticed this, especially around Halloween. Bags of candy shot up to 15-20 dollars each! I might be done passing out candy.

@QueenoftheBlackCoast 3 ай бұрын

Agreed. If trick or treating comes to an end it will be due to this

@SledDog5678 3 ай бұрын

I quit handing out candy ten years ago. Didn't know the neighborhood anymore, don't have kids and when I saw car loads of out of area people drop dozens and dozens of kids to go beg....I was done. Many aren't in costume and are high school or older.... NO MORE!!!!!!!

@SledDog5678 3 ай бұрын

You can buy clearance hard candy (suckers) to hand out. They don't spoil or go stale from year to year and they are great to have on hand for emergency needs.

@grizzlybear4 2 ай бұрын

I had to give up celebrating and sharing with cute kids in costumes. 🤬

@nazspub_keyz4106 26 күн бұрын

called supply and demand

@wondersnature 3 ай бұрын

Reich is the master of concise explanations, no matter the topic. These prices may promote healthier alternatives. M&Ms have doubled in price in the last year, 3x since the pandemic. But it’s good for consumers to help executives buy a third plane and/or yacht.

@fishbike9103 3 ай бұрын

I remember when I was a teenager in 1966 and lost my taste for candy bars. Not long after, I found out that was right about the time when “corn syrup” began to take the place of cane sugar because of the farm lobby. After a few more years I began noticing that many cheap “chocolates” were little more than brown wax. Even before those outrages, I clearly remember penny candies and BIG nickel candy bars that are now pushing 2 bucks some places.

@falconerd343 2 ай бұрын

*$2.38 ftfy

@grizzlybear4 2 ай бұрын

Same problem with Coke.

@e815usa 3 ай бұрын

And the fact that most American chocolate tastes like puke doesn't help either due to a specific ingredient, butyric acid. UK and European chocolate doesn't have that and tastes MUCH better.

@IMeMineWho 3 ай бұрын

Yup. Compare Canucks chocolates with ours. Big difference

@KeiPalace 3 ай бұрын

but most of the European makers like Cadburys were BOUGHT OUT by Hershey or Mars! Look on the label!

@littlebitofhope1489 3 ай бұрын

@@IMeMineWho Even Cadbury tastes different for the exact same name candy.

@marthamagee2055 3 ай бұрын

Likr the real Dairy milk they sell in England. (Not the fake Dairy milk made by Hershey's in America which is rubbish.

@ArtemisSilverBow 3 ай бұрын

Plenty of excellent American chocolate companies. By cheap candy, get junk. Pay more for better quality.

@junkerzn7312 3 ай бұрын

Fortunately I don't eat much candy anymore. One of the advantages of growing older, I guess. That said, even though these companies aren't competing for tasteless, super-sized extra-sugared wax-added mass-produced consumer junk, there are actually a ton of boutique chocolate companies out there who are. The fact that the likes of Hershey's isn't running these smaller companies out of business with a dive to the bottom is probably a good thing. As far as I am concerned, Hershey's and Mars can keep doing what they are doing. Try eating some real chocolate for a change, and you will instantly recognize the difference.

@littlebitofhope1489 3 ай бұрын

The only reason I like Hershey, is that you can trust the chocolate is Gluten Free. You can't with the other company or the boutique chocolate. So I just eat little bits of Hersey's chocolate, even though it's not the best.

@user-st5bp2cd7q Ай бұрын

Makes me want to go find some REAL chocolate.

@chrisleone7691 3 ай бұрын

Mars *also* owns "BluePearl" veterinarian clinics, buying-out or out-competing local clinics until they are the only game in town. Then, prices go up and quality goes down.

@cindikeane4718 3 ай бұрын

Yes. Blue Pearl's are veterinary hospitals and charge an "arm and a leg" to have anything done there. That just sickens me. Unfortunately, there's very little competition so they get away with murder.🔪☹️

@lauraw.7008 3 ай бұрын

And then they close the Blue Pearl Clinic! There was one near my house I used for emergency services only, then one day they were just gone.

@thedawn1130 3 ай бұрын

They wanted $35 +tax for a large bag of trick or treating chocolates. That used to be $15 a few years ago. Um no. Rather a steak meal for a family, the neighbor's kids can get tooth decay somewhere else

@kennixox262 18 күн бұрын

Meat is actually good for your health. No, I am not being sarcastic, meat is good for you. Carbs, a lot of vegetables, grains and the like and more serious, seed oils, all that stuff is harmful. Don't let me forget soy, corn, wheat, sugar are the big no no for health. Wonder why so many foods are made of those cheap commodity ingredients? Makes one wonder. The decline in overall health in our society is caused by this junk food. Have a steak, have ground beef, have a good fatty fish, go for if you must chicken thighs. Fat makes you thin.

@abracadaverous 3 ай бұрын

Does anyone remember when the shift from Daylight Savings to Standard time was pushed a week later in 2007? That was because the candy companies lobbied for it, so there would be an extra hour of trick-or-treating time, so they could sell an hour's worth of extra candy. No kidding. Candy companies have the wherewithal in the US to change how we mark time. Think about that for a minute.

@techcafe0 3 ай бұрын

nope, you're wrong. according to Google: "Legislation in the United States in 2007 moved the start of daylight time three weeks earlier in the spring and the return to standard time a week later in the fall. The change was aimed at trying to help save energy, since people aren't expected to need their lights on as early in the evening."

@techcafe0 3 ай бұрын

that said, i wish we'd abolish time shifting altogether and just stick with Standard time. this whole spring-forward, fall-back time change is nonsense and even harmful

@NoName-ik2du 3 ай бұрын

That doesn't even make sense. Trick-or-treating is two hours: 5pm-7pm. It was before they messed up our clocks in 2007 and was after as well. Trick-or-treating just takes place entirely in the light now (which kind of spoils the fun). ...at least where I live. Maybe other places switched to three hours of trick-or-treating?

@IMeMineWho 3 ай бұрын

Candy is horrible for people. But monopolies are bad.

@iche9373 3 ай бұрын

Nothing wrong about a state monopoly

@IMeMineWho 3 ай бұрын

@@iche9373 Everything wrong about monopolies. Ever heard that song Johnny Cash covered: ("I owe my soul to the company store"). It is about monopolies.

@randolphpinkle4482 3 ай бұрын

Billionaires, oligarchies, and monopolies go hand in hand. They want to control society. It's another form of centralized power that benefits the robber barons.

@user-hw2fu6mn6j 3 ай бұрын

This guy is a monopoly he supports centralized power and the federal tax

@DeltaNovum 3 ай бұрын

And the American versions are made with something very very very cheap, that the rest of the world wouldn't dare call chocolate. Most Americans don't know what actual chocolate, that actually tastes good, tastes like. I'd say that even most chocolate and chocolate candy being sold in European stores doesn't come close to what chocolate is able to taste like, but it's still a far cry as to what's being sold in the bestest country in the world. I'd implore anyone to try to get their hands on some real (dark) chocolate (without crap like soy) once in their life. It's mind blowingly delicious.

@blaydCA 3 ай бұрын

I solved the candy issue a while back. I purchase generic brands on the rare occasions that I bother with it. I go for more nutritional food these days.

@theparadoxicaltouristtrave9320 3 ай бұрын

Some generics aren't worth it. Many generic chocolate has virtually no cocoa. Trader Joe's chocolate is pretty good all around, though.

@blaydCA 3 ай бұрын

@@theparadoxicaltouristtrave9320 I usually get non chocolate items, or high end European chocolate brands.

@terryowen6759 3 ай бұрын

Also, if you have the willpower, buy your favorite chocolate after the holidays, then save it for when you want a piece

@garenmcvay2695 3 ай бұрын

I don’t mind the price going up so much, it’s reducing the amount, then charging you for giving less.

@pabo-qv3nx 3 ай бұрын

I mind both.

@helenpellegrino7759 3 ай бұрын

Just another way that companies and corporations are gouging people. Will it ever stop?

@isnamthere4690 Ай бұрын

Not under capitalism.

@KeiPalace 3 ай бұрын

20 different kind of Reeses product, but none of the real choices we used to have, I try to buy local, from Pearsons and even make my own. Mars and Hershey also have ethical sourcing problems with their chocolate.

@mannyj4751 3 ай бұрын

I used to buy too much candy but no more. I grew up in the 1950's and as a kid I would hunt for pop bottles and go buy 5¢ candy bars or the 2 for a Penny candies. Now I'm aghast at seeing candy bars for $1.29 or even more. It's ridiculous...but maybe most unfortunate for dentists😊

@user-je2ny1mq1o 3 ай бұрын

😂

@murielwentzien2634 3 ай бұрын

In Portland, Oregon we do not fluoridate the water, people say our dentists like that. More business?

@Gina-fl9sk 3 ай бұрын

Are you kidding? Dentists make their money with cavities especially in your children. I had two instances of my three children having cavities according to my US dentists. Then when I moved and did not get an appt for them the dentist in another city I took my two oldest and when they were done I asked about my son's cavities and another appt. The nurse checked with the dentist and confirmed that there were no cavities. Then when my youngest was told he had three cavities ( years later as a young adult) he called me and asked if I was still going to Mexico to have my dental work done. He was able to get an appt and we went together and were both exrayed ( with more modern and much better equipment in a very nice facility) And that dentist told him his pain was due to him grinding his teeth in his sleep and made him a bite plate to wear. He had no cavities. I had a crown made in Mexico which is far better than and has worn better than the last one I had made in the states after I moved too far to go to Mexico. Think about it. It is like your cars if you are not familiar with an engine. Dentists can tell you anything and you will never be sure that it is the truth. After I shared these stories with others in Arizona when I lived there I heard others who had similar ones there. Oh, and I also met three seniors who had gotten root canals and ended up with Heart issues here in the US. so be very careful.

@charlenetruncer1535 3 ай бұрын

Biden economy.

@curtisrobinson7962 3 ай бұрын

@@murielwentzien2634 Fluoride in the water supply is overrated. You are welcome to check online if you're interested.

@floydb5668 3 ай бұрын

I’m seeing a pattern with large corporations 🙄

@MacUser2-il2cx 3 ай бұрын

Yeah but it's not a current inflation thing. This has been going on for decades.

@MacUser2-il2cx 3 ай бұрын

Yeah but it's not a current inflation thing. This has been going on for decades.

@littlebitofhope1489 3 ай бұрын

Yes, it's the same exact pattern that happened before the Great Depression. It's the reason all those laws that the Republicans and to a lesser degree Democrats are ignoring or overturning. Let's hope we don't have that depression and two world wars to fix it again.

@SoftlinkStudio 3 ай бұрын

Don't buy candy.

@chbloss 3 ай бұрын

Don't buy corporate.

@bigiron8831 3 ай бұрын

@@chbloss BE VOCAL SHOP LOCAL 👍

@littlebitofhope1489 3 ай бұрын

@@bigiron8831 You can't trust local to be gluten free.

@jayneary1921 3 ай бұрын

Mini mart 3 musketeers, $3.79 was the last time I will ever buy one. Hershey's syrup sux. Store brand is better

@bryanalcantarfilms 3 ай бұрын

OMG. My sentiments exactly.

@kimhorne-fortner3938 3 ай бұрын

Only buy European candy sold at Aldi's or at local candy shops. BTW, so easy to make your own and cheaper.

@ArtemisSilverBow 3 ай бұрын

Just make sure you're not using candy melts like so many use unaware that's not actually chocolate.

@julias6688 3 ай бұрын

It’s all so cloyingly sweet. I recently had a recess peanut butter cup and it was so sweet I couldn’t even enjoy it. Same as last I had a snickers. I’ll stick with handmade chocolates on special occasion. And sometimes licorice. I’m priced out anyway.

@whiteknightcat 3 ай бұрын

Not going to be able to put this genie back in the bottle in my lifetime.

@tashikoweinstein435 3 ай бұрын

I remember when Reese were under a dollar, now depending on where you go, Reese can be anywhere between $1.80 to $3 just for a pack of 2! More for a pack of 4 or 6.

@andrerodriguez7603 3 ай бұрын

It’s okay with me they increased prices so much. Every time I consider buying any candy, I always ditch the bag of candy before I reach the checkout. At 69 years of age I shouldn’t be eating this crap anyway, it’s bad for my teeth, and my health. I quit drinking sodas decades ago when they increased prices too. Thank you!

@crypto_que 3 ай бұрын

They’ve also switched to cheaper ingredients and smaller serving sizes. It’s a win-win-win for them.

@elained4963 3 ай бұрын

I stopped buying myself any chocolate candy. It's just to expensive anymore. Not paying almost $2 for a little candy bar.

@johnnykay7411 Ай бұрын

Thank you for continuing to educate Humanity. You are truly a Righteous Man.

@ecash00 3 ай бұрын

In my estimation of the price of candy from MY TIME, including SIZE and weight, and materials used to MAKE the candy. Where as wages only went up 7-8 times Since 1960's, Candy has gone over 20 times.

@cindikeane4718 3 ай бұрын

It's called corporate greed. There are candy companies across the globe and chocolate in the US is awful compared to those European brands. If I'm going to buy chocolate, I'll spend a little more money to enjoy the taste.

@tw8464 2 ай бұрын

Keep up the excellent work Robert!

@planesandcooking5142 3 ай бұрын

Remember when they had Brach's pick and mix in the produce section in the supermarket? Gone for years now.

@sidstovell2177 2 ай бұрын

Thank you, Dr. Reich

@bigiron8831 3 ай бұрын

Never bought mass produced candy. Fortunately I live close by a gourmet family owned candy store. BE VOCAL SHOP LOCAL ✌

@neildusseault8404 3 ай бұрын

FYI: Cocoa prices in the futures market recently reached an all-time high due to weather affecting crops in The Ivory Coast and Ghana (West Africa, where a majority of the cocoa companies like Mars and Hershey's get their cacao pods from). Communities are so heavily dependent on it that children as young as 5 forego school to go into jungles with a machete to harvest those cacao pods. They are also known to drink water from local ponds that they walk miles to and from every day that is infected with diseases, so no, they are certainly not reaping the benefits of these high prices. The richest family in NJ are the descendants of Mars -- so, no, they didn't work for their money, they inherited it. Mars was warned of these kids in West Africa whom they profit off of years ago, yet they have done nothing about it. Furthermore, these prices do not reflect the actual demand for chocolate... Mars and Hershey's manufacture it and it winds up on shelves everywhere. Yet everyday tons of bags of chocolate products go straight in the trash, because they overproduce regardless of actual demand. Just as bad are all the restaurants whom offer the same boring options for dessert on their menu -- That plain "NY" cheesecake (that's been sitting in their fridge for God knows how long), and: Chocolate cake with chocolate frosting and chocolate chips with chocolate syrup on top. Smh.

@HeronCoyote1234 3 ай бұрын

Thank you for this. I’ve been aware of slave chocolate for a few years now. The Food Empowerment Project has a Chocolate List that investigates and notes whether companies use slave chocolate. The list is updated monthly. (There’s an app on iPhones; don’t know about Androids.)

@bullettube9863 2 ай бұрын

I just saw my favorite candy bars in the grocery store selling for $1.49 and almost fell over! I'm 73 years old and I remember when the same candy bars cost $.05! I've also noticed that over the years the price of cereal and candy bars have gone up while the size of the packaging has gotten smaller.

@Spawny500 3 ай бұрын

Current prices are completely ridiculous. This is why we need lawmakers. There is just no end, or no control from these greedy companies. Greed is an illness.

@Pivit3119 3 ай бұрын

❤❤ thanks Mr Reich, I appreciate the information ❤❤

@being2107 3 ай бұрын

It’s not just the raising of the prices, and shrinking the product. It’s also, the deadly partially hydrogenated or hydrogenated or interstitial fats. Very heart clogging. If that doesn’t kill you fast enough, the high fructose syrup, will dangerously raise your blood pressure. You’d think these companies would think pass their greed, and not try so desperately to kill their customers.

@stevemaria7516 3 ай бұрын

Thanks for keeping us informed

@CactusThorn 3 ай бұрын

Good and Plenty is the best! Priceless!

@marcbeebe 3 ай бұрын

And then there's Mondelez ...

@RiverRat_1977 3 ай бұрын

Hershey, Feb. 9, 2024, stated: “cocoa prices have risen dramatically, which forces them to raise prices accordingly (once again)!! These US chocolate monopolies, as well as Europe’s chocolate monopolies (Nestle & Cadbury) only pay slave wages to workers on cocoa plantations owned by these cartels, plus they conspire in substandard Price Fixing against small independent growers… who will find their cocoa trees sabotaged with deadly herbicides as retaliation for speaking out or complaining. There’s several chocolate companies committed to Fair Trade pricing so small farmers can thrive… Support Them!!

@Persephonetoo 3 ай бұрын

You should also mention how the sugar and candy companies have allowed candy to be purchasable with SNAP and EBT, while hot food isn't allowed.

@1Kent 3 ай бұрын

The price goes up & the candy bars get smaller. Pay more, get less.

@kwaynr1301 3 ай бұрын

thanks again!

@pneulancer 2 ай бұрын

This may seem trivial to some and I grant you, candy is certainly not essential to our well being. That being said, it illustrates well the greed and immoral actions of corporate America. Thanks once again Professor Reich; you’re awesome! 😊

@OptimisticHominid 3 ай бұрын

Candy is certainly something worth dropping from the weekly shop.

@stewarta5993 26 күн бұрын

I'm diabetic over 40years now and i still miss candy and chocolate ice cream

@GratefulHippieChic 3 ай бұрын

Easy fix: Stop eating candy. It's no good for you.

@vibratingstring 3 ай бұрын

I eschew both of these. I go for bespoke single source chocolate especially if it has high lead content.

@randolphpinkle4482 3 ай бұрын

Do you want high lead content in your bespoke single-source chocolate? Okaaay.

@KeiPalace 3 ай бұрын

its a joke @@randolphpinkle4482

@falconerd343 2 ай бұрын

Hehehe, I noticed that bite of "Good n' Plenty" at the end. 😂

@Craxin01 3 ай бұрын

Greed destroys everything.

@angelaraines8732 3 ай бұрын

Very informative

@HarvestStore 3 ай бұрын

Great video.

@deweydodo6691 3 ай бұрын

Reece's mini peanut butter cups have gone terrible.

@randolphpinkle4482 3 ай бұрын

Less peanut butter in them. More HFCS.

@KeiPalace 3 ай бұрын

literally it's two ingredients, confectioners sugar and peanut butter dipped in chocolate, you can make your own!

@littlebitofhope1489 3 ай бұрын

Do you still buy them? If no one bought this stuff, it would get better.

@littlebitofhope1489 3 ай бұрын

@@KeiPalace You just named three ingredients.

@honeytgb 3 ай бұрын

Here's the thing -- i hate the monopolies, but I do like the idea of these sugar junks pricing themselves out of the reach of most consumers. (Continuing to dream on...)

@happyhippie2853 3 ай бұрын

Monopoly at it's finest 😢

@murielwentzien2634 2 ай бұрын

Boy, candy gets a lot of air time....we do love our candy....

@Missunderstood103 3 ай бұрын

That's a 27% price hike in less than 2 years😖. Evil Corporate Price Gauging.🤑👿🤑👿🤑

@NoName-ik2du 3 ай бұрын

Seems like a good thing to me. When you go to impulse buy a candy bar at the checkout lane, the insane price makes you recoil in horror. Saves your money and your health! Keep up the good work, candy companies.

@seed_drill7135 2 ай бұрын

The PA state legislature blocked Nestle’s proposed takeover of Hershey, so Nestle exited the US candy market and Hershey sent the vast majority of their production to Mexico.

@miriamhammer9997 3 ай бұрын

I've been giving out change/coins at Halloween. The same or lower cost of the bad candy, the kiddo's parents are usually happier, the kiddos can start a small piggy bank, and they don't have as much junk around.

@brads4606 2 ай бұрын

I don't normally eat candy bars, but a few weeks back I suddenly had a craving for a Snicker bar. Stopped into a gas station and grabbed the smaller normal size bar (which is getting smaller and smaller) went to the check out counter. Guy says $2.50. Asked him to check that he was ringing up the right item, which he was, and I promptly handed him the candy bar back. Craving went away real fast.

@scotsam7590 2 ай бұрын

And the moral of this story is 'quit eating sugar'.

@debracarlson5511 3 ай бұрын

These candy companies have also reduced the size of or amount for what you get. It was difficult going through sugar withdrawal, but I did it, and my body and financial budget loved me for it. Owners of these wealthy corporations, how much more money do you need to fill your empty souls?

@Chefmorris2010 3 ай бұрын

Sugar is sandpaper to your veins.

@brendamitchell2387 3 ай бұрын

Funny I realized that as a child when the cost of my preferred treet increased while its size decreased.

@RogerChamps 3 ай бұрын

Brach's is probably my favorite but I usually make my own when I want candy.

@PhilipHood-du1wk 13 күн бұрын

"Free candy and a puppy for everyone!" - Robert Reich

@SandiTink 3 ай бұрын

Mondelez should be added. Nestle sold some of their products to them.

@user-st5bp2cd7q Ай бұрын

I feel fortunate that the increased prices of food, etc. has not hurt me as much as many people in this country. But when I shop for groceries, I no longer have the urge to buy some candy, snack food, ice cream, breakfast food or bottled drinks. When I see prices starting at $4 for any of those items (especially when the quality of those items has been degraded) I walk away. Those manufacturers can keep their products and I am healthier as a result. Thank you Mars, Hershey, Pepsi, Coke and the rest of you scammers.

@jabba334 3 ай бұрын

VIDEO UPDATE: Due to rising prices from the two candy companies, the free market has responded (kinda). Another big player, Wal-Mart, has introduced generic versions that resemble Snickers, Kit-Kat, and Twix. These candy bars are currently selling for 2/3rds of the other name brands. (There are also made and distributed from TURKEY which makes me wonder about the slave wages offered, but that's another topic.) Secondly, I've recently heard that due to bad weather, there is a shortage of cocoa that is used to make chocolate, so expect prices to rise on chocolate (again)...

@IRosamelia 3 ай бұрын

I would normally agree with Mr. Reich but when it comes to junk food, I have no issues with absurdly high prices. Hopefully it will disuade people from eating so much of it 🍭🍬🍫🍩🍭

@765kvline 3 ай бұрын

That's why I support (when I purchase) Brach's, Russell Stover and smaller companies. Fortunately, I don't have much of a sweet tooth (and naturally, I have very excellent teeth as a result). So. . . when I DO purchase such as for the big holidays, such as for Valentine's Day, Easter, Christmas, Ground Hog Day and Millard Fillmore's Birthday . . . the sweets go as gifts to others and resort to avoiding any of the "big names" as it just embeds their monopoly more. Chocolate has gone up logarithmically and I refuse to buy it. Personally, my choices in taste are "salt over sugar." Rather have high blood pressure than a mouth of rotted teeth . . . so there!

@EgonSorensen 3 ай бұрын

If it is supply and demand - just adjust accordingly - that requires one to do a budget though, and adhere to it

@DavidLS1 24 күн бұрын

It's the same in the grocery store business. Four companies own 65% of all supermarkets.

@falconerd343 2 ай бұрын

I noticed Walmart has created a line of generic candy bars that are significantly cheaper (~$1.50 vs $2.50 for a king and $0.78 vs $1.50 for a standard).

@talktothehandreviews 3 ай бұрын

And so sad that some companies use child labour to cut cocoa costs as well.

@stevekoch4540 3 ай бұрын

Well than tax their little M&Ms more!! 😂😵‍💫

@ericbartol 3 ай бұрын

The price increases have far outpaced my income increases. Fortunately, my sweet-tooth is fairly tame. I moved more toward baked sweets, but I quit smoking 6 months ago so hard candy has become a 'comfort food' for me. I have noticed that Hershey's pricing is somewhat strategic in one area. I have been buying Life Savers (Mars, Inc.) for a while and decided to try Jolly Rancher (Hersheys) for a change. in a 5 flavor bag of about 150 candies per bag, I got 8 cherry flavor pieces. I noticed that Hershey's Jolly Rancher brand sells a Red Favorites (?) bag at 4 times the price of the 5 flavor. I will never buy Jolly Rancher's again. Making a 'false shortage' is just such a 'douche bag' move.

@kikijewell2967 14 күн бұрын

Profits are basically taxation without representation.

@jimrankin7334 3 ай бұрын

What about Nestle's? That's another huge chocolate candy conglomerate that has violated many environmental laws among other things.

@RiverRat_1977 3 ай бұрын

@jimrankin7334, on the topic of environmentally destructive industries, Nestle has recently gone into meat… raising cattle and slaughtering them!! Finding that out destroyed my childhood image of their silly animated cartoon chocolate ads!! The beef, dairy, poultry, and pork industries have become completely inhumane and more environmentally destructive than all fossil fuel burning sources of transportation combined… Plus meat has become one of the largest sources of antibiotic immunity and cancer causing chemicals since cigarette smoking. And that’s why I’ve become 100% vegan!! No meat, milk, cheese, eggs, and chocolate (it’s made with milk). I’ve lost almost 25 pounds and my blood pressure has never been lower… I can make my own milk with cheap cashew bits, plus there’s tons of high protein alternatives that are made sustainably!! I’ve never felt better, and plan to live an extra 10 to 15 years (I’m 65). Also, my conscience is much cleaner and reformed knowing I’ve eliminated as many corporate monopolized businesses from my life as humanly possible. A quick internet search reveals who really owns the brands of items I buy and how committed they are to maintaining and restoring the environment plus making sure their employees are thriving all the way around!! Now I’m working on reaching my goal of not supporting any corporate entities 100% by only buying from local family owned businesses… I’ve also replaced sweets with fruit. I get the same sugar fix along with lots of natural fiber!!

@terryowen6759 3 ай бұрын

One of my favorites is Goo Goo Clusters made in Nashville TN, I'm in California now...one Goo Goo cost $2.50. Of course, I think a regular Snickers is at least a $1.50. I usually indulge in chocolate when it's on clearance...then hope I don't overdose

@healingsoul13 3 ай бұрын

If reeses peanut butter cups keep shrinking they will soon all be snack-sized. Magnum ice cream bars should change the name from magnum to petit...

@LFTRnow 3 ай бұрын

No problem. Don't buy candy or at least minimize it. Also, while a 10% hike in prices since 2022 seems steep, it doesn't seem all that high compared to how much everything else rose - if anything it is on the low side.