Corporate greed: Difference between revisions

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{{DeletionRequest|Politically charged article without legal basis nor customer rights actionability.

[[wikipedia:Corporate greed]] redirects to [[wikipedia:Criticism of capitalism]]

The real issues described should be turned into categories, and real incidents categorized under them.

}}

{{Cleanup|Issue 1=Section headers must be in sentence case where applicable.|Issue 2=Section headers cannot contain links, whether internal or external.|Issue 3=Ampersand should only be used if it's included in the title/headline of a linked citation.|Issue 4=Random capitalization of Words is Sloppy.}}

'''Corporate greed''', or simply greed, is a modern phenomenon In which corporations pursue goals for profit and shareholder-value without valuing customer thoughts and consumer rights.<ref>{{Cite web |title=Corporate Greed |url=https://aflcio.org/issues/corporate-greed |access-date=15 Jan 2026 |website=aflcio.org |url-status=live |archive-url=http://web.archive.org/web/20251118224707/https://aflcio.org/issues/corporate-greed |archive-date=18 Nov 2025}}</ref>

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Consumer over-reliance on products and a corporation's domination over other businesses may create what's known as a [[Monopoly]], which is '''potentially''' illegal if the company also partakes in anti-competitive practices that harm consumers & restrict competition, as defined by antitrust laws.<ref>{{Cite web |title=The Antitrust Laws |url=https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws |access-date=5 Feb 2026 |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260206055025/https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws |archive-date=6 Feb 2026}}</ref>

=== Consumer Related Issues: ===

===Consumer Related Issues:===

==Common Tactics Used to Increase Profits:==

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#Purposefully decreasing the quality of some products ([[Enshittification]]) to save money and/or to encourage consumers to buy newer & more powerful items to replace the older ones. (Also known as "[[Planned obsolescence]]")<ref>{{Cite web |last=Jalan |first=Ayush |date=7 Jun 2023 |title=What Is Planned Obsolescence? How Brands Keep You Buying |url=https://www.makeuseof.com/what-is-planned-obsolescence/ |website=makeuseof |url-status=live |archive-url=http://web.archive.org/web/20260208181720/https://www.makeuseof.com/what-is-planned-obsolescence/ |archive-date=8 Feb 2026}}</ref>

#Decreasing the average wages of some or all types of employees.

#Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a "'''Paywall'''" or "'''Digital lock'''").<ref>{{Cite web |last=Hebert |first=Amy |date=17 Apr 2024 |title=Do you really own the digital items you paid for? |url=https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |access-date= |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260103231722/https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |archive-date=3 Jan 2026}}</ref>

#Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a "'''[[Pay-walling|Paywall]]'''" or "'''[[Digital lock]]'''").<ref>{{Cite web |last=Hebert |first=Amy |date=17 Apr 2024 |title=Do you really own the digital items you paid for? |url=https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |access-date= |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260103231722/https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |archive-date=3 Jan 2026}}</ref>

#Decreasing the sizes of products while keeping the prices the same(Also known as "'''Shrinkflation'''", and It's more common in supermarkets & retail stores).<ref>{{Cite web |date=11 Jan 2025 |title=Spotting Predatory Business Tactics: A Consumer's Guide to Self-Defense |url=https://keepm.granitlabs.com/blog/predatory-tactics |access-date= |website=keepm |url-status=live |archive-url=http://web.archive.org/web/20250804213020/https://keepm.granitlabs.com/blog/predatory-tactics |archive-date=4 Aug 2025}}</ref>

#Implementation of [[False advertising]] or [[Bait-and-switch]] tactics in a company's commercials to bring in more customers.

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Plenty of people have responded to mistreatment & company backlash by pirating software in order to have a better experience/to save money and avoid giving more to corporations that has wrecked their original sense of trust.<ref>{{Cite web |last=Francis |first=Paul |date=2025-10-23 |title=Online piracy is rising again: why it happened and what it means |url=https://www.itkmagazine.com/post/online-piracy-is-rising-again-why-it-happened-and-what-it-means |access-date= |website=In The Know |url-status=live |archive-url=https://web.archive.org/web/20260216033312/https://www.itkmagazine.com/post/online-piracy-is-rising-again-why-it-happened-and-what-it-means |archive-date=16 Feb 2026}}</ref> As more and more people pirate products, the more convenient It becomes due to seeding(short for allowing others to leach off you) or people providing said software to others themselves via "cracking" & creating their own torrents.<ref>{{Cite web |last=Convery |first=Kevin |date=17 May 2023 |title=Seed, leech, peer, and other torrenting terms explained |url=https://www.androidauthority.com/what-are-torrent-seeders-3232600/ |website=Android Authority |url-status=live |archive-url=http://web.archive.org/web/20251206154835/https://www.androidauthority.com/what-are-torrent-seeders-3232600/ |archive-date=6 Dec 2025}}</ref>

===3. Educating Others & Spreading Awareness:===

Victims & others that disapprove of excessive levels of greed committed by a certain corporation usually share information to others that are close to them(either by showing proof of it using sources or explaining something that happened to them & others).

By doing this, the news can spread even if it isn't mainstream yet or the information is extremely hard to access intentionally, thus potentially leading to boycotts or ~~[[Class~~ action~~|Class actions]]~~ & '''Lawsuits''' If there is enough pressure/enough people that have the same thoughts & ideas.<ref>{{Cite web |last=Came |first=Scott |title=The Importance of Information Sharing for Justice Reform |url=https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |access-date=12 Feb 2026 |website=search.org |url-status=live |archive-url=http://web.archive.org/web/20230930115645/https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |archive-date=30 Sep 2023}}</ref>

By doing this, the news can spread even if it isn't mainstream yet or the information is extremely hard to access intentionally, thus potentially leading to boycotts or {{Wplink|class action}}s & '''Lawsuits''' If there is enough pressure/enough people that have the same thoughts & ideas.<ref>{{Cite web |last=Came |first=Scott |title=The Importance of Information Sharing for Justice Reform |url=https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |access-date=12 Feb 2026 |website=search.org |url-status=live |archive-url=http://web.archive.org/web/20230930115645/https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |archive-date=30 Sep 2023}}</ref>

~~===4. Lawsuits & [[Class action|Class actions]]:===~~

~~{{Main|Class action}}~~

===4. Lawsuits & {{Wplink|Class action}}s:===

Lawsuits, more specifically consumer protection lawsuits directed by a "Class" can allow consumers & others who choose to participate to have a say In an important matter and create a civil case & affect the outcome of case themselves, essentially forcing any organization/company that's targeted by the Lawsuit to either:

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#Do what the opposing party requests them to do<ref>{{Cite web |last=Hayes |first=Adam |title=Class Action: Definition, Lawsuits, Types, Benefits, Example |url=https://www.investopedia.com/terms/c/classaction.asp |access-date=12 Feb 2026 |website=Investopedia |url-status=live |archive-url=http://web.archive.org/web/20251206042820/https://www.investopedia.com/terms/c/classaction.asp |archive-date=6 Dec 2025}}</ref>

While ~~[[Class~~ action~~|Class Actions]]~~ & ~~Lawsuits~~ may be an effective way to push back against something, some corporations hide & use [[~~Forced~~ arbitration]] clauses to protect themselves In the event of said ~~[[Class action|Class Actions]]~~ & ~~Lawsuits~~. If this were the case, It becomes much more difficult or maybe ~~Impossible~~ to appose them due to the participants allegedly having consented to their '''Terms of Service''' In the first place.<ref>{{Cite web |date=29 Aug 2025 |title=What Is Forced Arbitration and How Does It Work? |url=https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |website=LegalClarity |url-status=live |archive-url=https://web.archive.org/web/20260216033358/https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |archive-date=16 Feb 2026}}</ref>

While {{Wplink|class action}}s & lawsuits may be an effective way to push back against something, some corporations hide & use [[forced arbitration]] clauses to protect themselves in the event of said class actions & lawsuits. If this were the case, it becomes much more difficult or maybe impossible to appose them due to the participants allegedly having consented to their '''Terms of Service''' In the first place.<ref>{{Cite web |date=29 Aug 2025 |title=What Is Forced Arbitration and How Does It Work? |url=https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |website=LegalClarity |url-status=live |archive-url=https://web.archive.org/web/20260216033358/https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |archive-date=16 Feb 2026}}</ref>

==See also==

*[[Buy now, pay later]]

*[[Financial censorship]]

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==References==

[[Category:Common terms]]

@@ Line 1: / Line 1: @@
+{{DeletionRequest|Politically charged article without legal basis nor customer rights actionability.
+[[wikipedia:Corporate greed]] redirects to [[wikipedia:Criticism of capitalism]]
+The real issues described should be turned into categories, and real incidents categorized under them.
+}}
 {{StubNotice}}
+{{Cleanup|Issue 1=Section headers must be in sentence case where applicable.|Issue 2=Section headers cannot contain links, whether internal or external.|Issue 3=Ampersand should only be used if it's included in the title/headline of a linked citation.|Issue 4=Random capitalization of Words is Sloppy.}}
 '''Corporate greed''', or simply greed, is a modern phenomenon In which corporations pursue goals for profit and shareholder-value without valuing customer thoughts and consumer rights.<ref>{{Cite web |title=Corporate Greed |url=https://aflcio.org/issues/corporate-greed |access-date=15 Jan 2026 |website=aflcio.org |url-status=live |archive-url=http://web.archive.org/web/20251118224707/https://aflcio.org/issues/corporate-greed |archive-date=18 Nov 2025}}</ref>
@@ Line 10: / Line 17: @@
 Consumer over-reliance on products and a corporation's domination over other businesses may create what's known as a [[Monopoly]], which is '''potentially''' illegal if the company also partakes in anti-competitive practices that harm consumers & restrict competition, as defined by antitrust laws.<ref>{{Cite web |title=The Antitrust Laws |url=https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws |access-date=5 Feb 2026 |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260206055025/https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws |archive-date=6 Feb 2026}}</ref>
-=== Consumer Related Issues: ===
+===Consumer Related Issues:===
 ==Common Tactics Used to Increase Profits:==
@@ Line 19: / Line 26: @@
 #Purposefully decreasing the quality of some products ([[Enshittification]]) to save money and/or to encourage consumers to buy newer & more powerful items to replace the older ones. (Also known as "[[Planned obsolescence]]")<ref>{{Cite web |last=Jalan |first=Ayush |date=7 Jun 2023 |title=What Is Planned Obsolescence? How Brands Keep You Buying |url=https://www.makeuseof.com/what-is-planned-obsolescence/ |website=makeuseof |url-status=live |archive-url=http://web.archive.org/web/20260208181720/https://www.makeuseof.com/what-is-planned-obsolescence/ |archive-date=8 Feb 2026}}</ref>
 #Decreasing the average wages of some or all types of employees.
-#Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a "'''Paywall'''" or "'''Digital lock'''").<ref>{{Cite web |last=Hebert |first=Amy |date=17 Apr 2024 |title=Do you really own the digital items you paid for? |url=https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |access-date= |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260103231722/https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |archive-date=3 Jan 2026}}</ref>
+#Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a "'''[[Pay-walling|Paywall]]'''" or "'''[[Digital lock]]'''").<ref>{{Cite web |last=Hebert |first=Amy |date=17 Apr 2024 |title=Do you really own the digital items you paid for? |url=https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |access-date= |website=Federal Trade Commission |url-status=live |archive-url=http://web.archive.org/web/20260103231722/https://consumer.ftc.gov/consumer-alerts/2024/04/do-you-really-own-digital-items-you-paid |archive-date=3 Jan 2026}}</ref>
 #Decreasing the sizes of products while keeping the prices the same(Also known as "'''Shrinkflation'''", and It's more common in supermarkets & retail stores).<ref>{{Cite web |date=11 Jan 2025 |title=Spotting Predatory Business Tactics: A Consumer's Guide to Self-Defense |url=https://keepm.granitlabs.com/blog/predatory-tactics |access-date= |website=keepm |url-status=live |archive-url=http://web.archive.org/web/20250804213020/https://keepm.granitlabs.com/blog/predatory-tactics |archive-date=4 Aug 2025}}</ref>
 #Implementation of [[False advertising]] or [[Bait-and-switch]] tactics in a company's commercials to bring in more customers.
@@ Line 31: / Line 38: @@
 Plenty of people have responded to mistreatment & company backlash by pirating software in order to have a better experience/to save money and avoid giving more to corporations that has wrecked their original sense of trust.<ref>{{Cite web |last=Francis |first=Paul |date=2025-10-23 |title=Online piracy is rising again: why it happened and what it means |url=https://www.itkmagazine.com/post/online-piracy-is-rising-again-why-it-happened-and-what-it-means |access-date= |website=In The Know |url-status=live |archive-url=https://web.archive.org/web/20260216033312/https://www.itkmagazine.com/post/online-piracy-is-rising-again-why-it-happened-and-what-it-means |archive-date=16 Feb 2026}}</ref>  As more and more people pirate products, the more convenient It becomes due to seeding(short for allowing others to leach off you) or people providing said software to others themselves via "cracking" & creating their own torrents.<ref>{{Cite web |last=Convery |first=Kevin |date=17 May 2023 |title=Seed, leech, peer, and other torrenting terms explained |url=https://www.androidauthority.com/what-are-torrent-seeders-3232600/ |website=Android Authority |url-status=live |archive-url=http://web.archive.org/web/20251206154835/https://www.androidauthority.com/what-are-torrent-seeders-3232600/ |archive-date=6 Dec 2025}}</ref>
-===3.  Educating Others & Spreading Awareness:===
+===3. Educating Others & Spreading Awareness:===
 Victims & others that disapprove of excessive levels of greed committed by a certain corporation usually share information to others that are close to them(either by showing proof of it using sources or explaining something that happened to them & others).
-By doing this, the news can spread even if it isn't mainstream yet or the information is extremely hard to access intentionally, thus potentially leading to boycotts or [[Class action|Class actions]] & '''Lawsuits''' If there is enough pressure/enough people that have the same thoughts & ideas.<ref>{{Cite web |last=Came |first=Scott |title=The Importance of Information Sharing for Justice Reform |url=https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |access-date=12 Feb 2026 |website=search.org |url-status=live |archive-url=http://web.archive.org/web/20230930115645/https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |archive-date=30 Sep 2023}}</ref>
+By doing this, the news can spread even if it isn't mainstream yet or the information is extremely hard to access intentionally, thus potentially leading to boycotts or {{Wplink|class action}}s & '''Lawsuits''' If there is enough pressure/enough people that have the same thoughts & ideas.<ref>{{Cite web |last=Came |first=Scott |title=The Importance of Information Sharing for Justice Reform |url=https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |access-date=12 Feb 2026 |website=search.org |url-status=live |archive-url=http://web.archive.org/web/20230930115645/https://www.search.org/files/pdf/TheImportanceofInformationSharingforJusticeReform.pdf |archive-date=30 Sep 2023}}</ref>
-===4. Lawsuits & [[Class action|Class actions]]:===
-{{Main|Class action}}
+===4. Lawsuits & {{Wplink|Class action}}s:===
 Lawsuits, more specifically consumer protection lawsuits directed by a "Class" can allow consumers & others who choose to participate to have a say In an important matter and create a civil case  & affect the outcome of case themselves, essentially forcing any organization/company that's targeted by the Lawsuit to either:
@@ Line 45: / Line 50: @@
 #Do what the opposing party requests them to do<ref>{{Cite web |last=Hayes |first=Adam |title=Class Action: Definition, Lawsuits, Types, Benefits, Example |url=https://www.investopedia.com/terms/c/classaction.asp |access-date=12 Feb 2026 |website=Investopedia |url-status=live |archive-url=http://web.archive.org/web/20251206042820/https://www.investopedia.com/terms/c/classaction.asp |archive-date=6 Dec 2025}}</ref>
-While [[Class action|Class Actions]] & Lawsuits may be an effective way to push back against something, some corporations hide & use [[Forced arbitration]] clauses to protect themselves In the event of said [[Class action|Class Actions]] & Lawsuits. If this were the case, It becomes much more difficult or maybe Impossible to appose them due to the participants allegedly having consented to their '''Terms of Service''' In the first place.<ref>{{Cite web |date=29 Aug 2025 |title=What Is Forced Arbitration and How Does It Work? |url=https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |website=LegalClarity |url-status=live |archive-url=https://web.archive.org/web/20260216033358/https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |archive-date=16 Feb 2026}}</ref>
+While {{Wplink|class action}}s & lawsuits may be an effective way to push back against something, some corporations hide & use [[forced arbitration]] clauses to protect themselves in the event of said class actions & lawsuits. If this were the case, it becomes much more difficult or maybe impossible to appose them due to the participants allegedly having consented to their '''Terms of Service''' In the first place.<ref>{{Cite web |date=29 Aug 2025 |title=What Is Forced Arbitration and How Does It Work? |url=https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |website=LegalClarity |url-status=live |archive-url=https://web.archive.org/web/20260216033358/https://legalclarity.org/what-is-forced-arbitration-and-how-does-it-work/ |archive-date=16 Feb 2026}}</ref>
 ==See also==
 *[[Buy now, pay later]]
 *[[Financial censorship]]
@@ Line 54: / Line 58: @@
 ==References==
 {{Reflist}}
 [[Category:Common terms]]