One part that didn't mathematically make sense is the fisherman price varied over more than 2 to 1 ratio, yet it doesn't seem to cost very much money to store a lobster. So the fishermen are giving up a large profit by letting someone else store the lobster for them.
The voodoo nature is probably around almost all the value being constructed by multiple layers of profit taking middlemen in a supposedly blue collar occupation. This is seen as the norm for the FIRE economic sector, seems odd in a blue collar sector.
I'm mystified why no one vertically integrates. If "Red Lobster" owned their own fleet of boats and hired men, they would cut out a lot of profit currently going to multiple stages of middlemen.
Or if not big business, one dude could fish during the season, fill his personal warehouse, then go food truck it or whatever for the rest of they year and haul down an immense profit.
> I'm mystified why no one vertically integrates. If "Red Lobster" owned their own fleet of boats and hired men, they would cut out a lot of profit currently going to multiple stages of middlemen.
It would appear that they're trying to do that. Not via fishing, but farming:
The voodoo nature is probably around almost all the value being constructed by multiple layers of profit taking middlemen in a supposedly blue collar occupation. This is seen as the norm for the FIRE economic sector, seems odd in a blue collar sector.
I'm mystified why no one vertically integrates. If "Red Lobster" owned their own fleet of boats and hired men, they would cut out a lot of profit currently going to multiple stages of middlemen.
Or if not big business, one dude could fish during the season, fill his personal warehouse, then go food truck it or whatever for the rest of they year and haul down an immense profit.