In the book Ask Iwata, former Nintendo president Satoru Iwata is quoted as having said:

After a piece of hardware is released, the price is gradually reduced for five years until demand has run its course. But since the demand cycle never fails, why bother reducing the price this way? My personal take on the situation is that if you lower the price over time, the manufacturer is conditioning the customer to wait for a better deal, something I've always thought to be a strange approach. Of course, this doesn't mean that I'm against lowering prices entirely, but I've always wanted to avoid a situation where the first people to step up and support us feel punished for paying top dollar, grumbling, "I guess this is the price I pay for being first in line."

What do you think of what he said here?

It feels like in the last few years so many companies are becoming incredibly greedy in a chance to try and raise profits and please the shareholders, companies hoping that people will comply as they have no choice and give away more of their money to allow these companies to make record levels of profits.

It seems like people are getting less and less and what they have left the companies just want more and more from everyone. I'm not referencing any specific company here but I have seen these trends in the last couple of years get a lot worse.

Customer Impact

• Raising prices there is some valid reasons to raise prices, but sometimes prices are raised just as a way to make more money quickly.
• Quality reduction it feels like companies are asking more money for less quality goods more than ever.
• Excessive manipulative marketing especially on social media and other playes which can misleed people.
• Data explotation companies mis-using peoples data just so they can make some quick money.

Employee Impact

• Wage stagnation Despite the soaring profits many companies refusing to increase wages, leading to financial insecurity.
• Unfair labor practices Companies expecting more from their employees for less money basically.
• Job insecurity replacing workers with automation and outsourcing to cut costs.
• Mental health high pressure enviroments to force profit-driven companies causing record levels of mental health issues.

Society and Enviromental Impact

• Polluting Companies prioritising profits over the enviroment leading to pollution, waste etc
• Economic Inequality Coporate greed leading to income disparities, undermining social coheison.
• Unfair influence on policy Companies using their power and wealth to influence policy making

My question is, when is enough is enough? At what stage should something be done? Anything? to stop corporate greed from runing society?