"In the logic of money, the old can never beat the new." (video)

"Every minute, a building in Europe is destroyed—not by wind, flood, or fire but by human hands. Real-estate speculators have built a system that puts profit before people and planet. And it’s not only walls and roofs that are lost! This talk exposes the hidden costs of demolition and shows why a home’s true value far exceeds its market price.

Olaf Grawert (@houseeurope.eu @olafgrawert) plans, writes, and speaks about architecture—not just as a profession, but as a cultural-economic and political force. As founding partner of b+ (bplus.xyz) and co-initiator of HouseEurope! (houseeurope.eu), he addresses the big questions of how we adapt buildings and the systems behind them. From campaigns to classrooms, buildings to books, his projects push the boundaries between theory and practice, redefining architecture as more than simply building."

View the full TedX Talk ->  https://youtu.be/2ENMWPx9_-0

Your food is more expensive – are US corporate profits to blame? | Inflation | The Guardian

"As inflation shot to its peak around mid-2022, Chipotle’s prices also rose, pushing up what customers paid for burritos and bowls by as much as several dollars. Since then, the fast casual restaurant’s costs have broadly fallen. Prices have not.

Chipotle’s decision to maintain high prices helped boost profits 110% in recent years, while its executives boasted to investors that they raised prices higher than inflationary costs.

Chipotle’s sparkling financials are representative of much of the food industry, according to a Guardian analysis of financial documents and earning calls transcripts from 36 top US food corporations.

It reveals that while you may be feeling the pain from high prices at restaurants and supermarkets, many companies making and selling the products are doing remarkably well. Most have seen their profits jump as they continue raising prices on customers, the analysis found.

Some companies say they have no choice but to pass inflationary pain on to consumers. Others, however, acknowledge they are exploiting the inflationary atmosphere to raise prices, or to shrink product sizes, a strategy dubbed “shrinkflation”.

Continue reading the article online (subscription may be required) ->

https://www.theguardian.com/environment/article/2024/jul/26/food-price-inflation-corporate-profit

Your food is more expensive – are US corporate profits to blame? | Inflation | The Guardian