The other day I strolled into my neighborhood shopette to purchase a pack of alcoholic beverages known locally as beer. I struggled to determine which style I desired to buy as I’m generally indecisive and as there are so many delicious options. But then I was shocked as I felt a sharp pain at the base of my back and I quickly found myself being led down the beer case aisle with a firm hand on my shoulder.
“Just right this way, Sir; just right this way,” the man said. I thought about struggling but it seemed as if the man could read my mind for as I made to break free the pain in my back increased and I realized I had a knife to my spine. I managed to glance over my shoulder and I was aghast to find my captor was no less than The Monopoly Man.
Our journey concluded in front of the ubiquitous Bud and Miller case. For of course they’re usually side by side. “Pick one,” The Monopoly Man whispered seductively in my ear. Sweating, and scared out of my mind, I meekly uttered, “Which one?”
“It doesn’t matter,” he firmly responded. Five minutes later I departed the shopette with a six pack of Bud or Miller. I can’t remember which as I was too concerned with the fact that I’d soiled myself shortly after The Monopoly Man returned the switchblade to his pocket and disappeared behind a Grolsch display case, never to be seen again.
Why yes, yes it is.
$104B is a lot of money for a beer company. $104B is a lot of money for anything. $104B could buy you ten nuclear aircraft carriers or 20 years of budget for America’s PEPFAR anti-AIDS program. But AB InBev is using it to absorb SABMiller. Why? Straight cash, folks.
Should you care? After all, nobody is made to buy beer. Alcohol is scientifically a poison to your body. It’s why you get drunk. So technically speaking, I don’t suppose there’s any reasonable difference between deliberately ingesting alcohol, and deliberately ingesting drain cleaner. It’s just that one is more poisonous than the other. Except that beer is tastier, so there’s that.
But this purchase is the latest in a trend. Depending on where you live, there are only about three mobile phone providers you get to choose from. The health insurance companies are merging now too. Experts predict that eventually instead of having five health insurance companies that there’ll be only three soon enough.
The health insurance companies claim they need these mergers to keep costs down. So good news, your health insurance cost will go down over the next five years. Guaranteed. They’ll swear to it.
The problem with capitalism is you need genuine competition for it to work. Otherwise you get something other than capitalism.
AB InBev has shelled out $24.3M in political campaign contributions equally split between the parties, as well as $102.3M on lobbying the government. SABMiller’s numbers are $2.1M and $21.0M, smaller, but still equally split between the parties. Hmm, why would they give an equal amount of cash to each party?
You certainly shouldn’t really care about AB InBev and SABMiller. Instead, you can just always buy tasty Yuengling.
But I suspect you do care about health insurance. Or the cost of your phone plan, seeing as how you can’t compete in the modern knowledge economy without one. How about the cost of your Internets? Or your power bill?
The same thing is happening to them all. You will be made to pay. The Monopoly Man is sure of it.
“Terribly sorry old chap but you’ll be made to pay lest you force me to slice you open.”